Nestlé to Recycle Plastic Waste

Dec 19 , 2020

Nestlé, a global food and beverage company, has launched a waste management programme to tackle plastic pollution in Ethiopia in partnership with local sustainability consultant TS Environment. The company aims to achieve plastics neutrality with the programme: collecting and processing an amount of plastic equivalent to that contained in its products sold in the country. The announcement comes following a promise the company made in 2018 to make all of its packaging recyclable or reusable by 2025. Nestlé hopes that the initiative will create employment opportunities for residents in the collection, sorting, weighing and transportation of plastic waste. Once collected, the waste will be sorted, and the recyclable plastic will be processed into other products. In contrast, the non-recyclable plastic will be incinerated by what it claims will be an environmentally friendly process. The programme will first be launched in targeted locations across Addis Abeba, and the company hopes to scale up its operations soon. By the end of 2020, Nestlé plans to collect and process an estimated 40tn of plastic waste.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...