Ethiopia Secures $77m from Oil Seed Export

Jul 18 , 2021


The export of oil seeds, pulses and edible oil products brought in 77 million dollars over the first 11 months of the just-ended fiscal year. The export of processed oil seeds and unprocessed avocado oil has more than doubled in comparison to the previous year, according to the Food, Beverage & Pharmaceutical Industry Development Institute. Hilina Enriched Foods Plc registered as the highest earner amongst suppliers for its export of processed nuts, securing around 17.5 million dollars. It is followed by Ambasel Trade Works, which secured nearly half a million dollars from exporting roasted sesame. Sunvado Plc, a Dutch company operating in Yirgalem Agro-Industrial Park, earned 1.7 million dollars from the export of unprocessed avocado oil.


Radar

Adama-Awash Expressway Construction to Relocate Hundreds of Households

Hundreds of households and thousands of hectares of farmland are poised for relocation for the construction of the Adama-Awash Expressway, with total estimated budget for compensation and related costs amounts to 502.9 million Br. According to environmental and social impact assessment done by Indian firm Aarvee Associates Architects Engineers & Consultants and a local firm Net Consult Plc, Ethiopian Roads Authority, in collaboration with local governments, has prepared a comprehensive Re...


Radar

INSA Unveils New Data Center to Bolster Cybersecurity

The Information Network Security Agency (INSA) has introduced a new data centre that will provide digital certificates for national institutions and private companies, ensuring data confidentiality, integrity, authenticity, and non-repudiation. The digital certificate authority (CA) will serve as a trusted third party, verifying the identity of individuals and organisations involved in digital transactions. This will help prevent fraud, unauthorised access, and other cyber threats. Authori...


Radar

Midroc Gold Expands with Million Dollar Machine Investment

Midroc Gold, a leading company in gold mining industry, has upgraded its operations with the acquisition of new heavy mining equipment, valued at over 1.5 million dollars. The delivery of two Komatsu excavators and a motor grader took place at the Legadembi Midroc Gold mine last week. Midroc is engaged in the extraction and processing of gold through its open and underground pits at the Legedenbi and Sakaro extraction sites, and a processing plant nearby. Ries Engineering, the distributor of...


Back
WhatsApp
Telegram
Email