Dashen Brewery Inaugurates 1.7b Br Expansion Projects

May 14 , 2022


[ssba-buttons]

Dashen Brewery S.C. has inaugurated a 1.7 billion Br project to expand its plants in Gonder and Debre Birhan in the Amhara Regional State. The brewer began operations at its plant in Gonder, 750Km north of Addis Abeba, in 2000. The company invested 300 million Br in the plant, which had the capacity to produce 800,000 hectolitres of beer. The expansion project inaugurated last week has pushed it to 1.2 million hectolitres. Its second plant in Debre Birhan went operational in late 2015 with the capacity to brew two million hectolitres annually. Elmi Olindo Contractors Plc, a local company incorporated in 1937, undertook the construction work with two consultancy firms, MH Engineering Consultancy and PTS, hired for supervision. The Debre Birhan plant has seen its facilities upgraded, enabling it to produce 3.2 million hectolitres a year. Dashen Brewery was wholly owned by Tiret Corporate, established as an endowment organisation in 1995 in Bahir Dar with an initial capital reserve of 26.1 million Br, until 2012. That year, Duet, a UK-based investment firm, bought a 51pc stake in the brewery. Duet is a global alternative asset manager founded in 2002 with over 2.4 billion dollars in equity.


Radar

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions alike. The Fund, established under a proclamation by the Council of Ministers, was designed to shield depositors in the event of bank or microfinance collapses. Since its inception, EDIF has focused on collecting premiums from member institutions, investing the funds, and building a system robust...


Radar

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brought together prominent figures including Ethiopia's former Prime Minister Hailemariam Desalegn, former First Lady Roman Tesfaye, and Kenya's First Lady Rachel Ruto. Organised by the Rockefeller Foundation, the event focused on overhauling child nutrition through regenerative agriculture. Sarah Farl...


Radar

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations in agriculture, sustainability, and appropriate technology. Top winner Milkias Ahmed (PhD) received a 300,000 Br prize and a 3 million Br interest-free loan for developing an organic soil conditioner from animal bones. Second and third prizes went to Yusuf Ali and Muhammad Juhar for a crop-harvest...