Qatari Biscuit Factory Seeking to Invest in Ethiopia

Apr 30 , 2021


Al Mondial, one of the leading producers of biscuits in Qatar, is looking for business opportunities in Ethiopia. Last week, the management of the company discussed possible investment opportunities in Ethiopia with key government officials. 

Officials of the Ethiopian Investment Commission highlighted the conducive business and economic environment, the tax holidays and incentive packages, and the infrastructure available in the country. 

Ambassador of Ethiopia to Qatar, Samia Zekaria, has already invited the company to visit Ethiopia and benefit from the fast-growing economy, the development of dozens of industrial zones and the bulk of the workforce. 

Al Mondial Factory for Industrial Food produces biscuits, wafers, and candy products.


Radar

HOLY REFRESHMENTS

A young deacon baptises an eager crowd at Timket festivities around Janmeda field. Immersion in water represents a rebirth in initiation ceremonies in history. It symbolises the breaking of amniotic fluid (a liquid that surrounds the fetus) during birth, hinting towards a second birth on the planet. Water has had deep sociopolitical significance for Ethiopia as the construction of the Grand Ethiopian Renaissance Dam (GERD) has been proceeding under three Prime Ministers. Exeeding the initial bud...


Radar

BARKING SPOT

On a scorching hot afternoon, a pack of stray dogs take shade under a tree on Debrezeit road. A third of Ethiopia's landmass was reported to be covered in trees in the 19th century, deforestation has put that number at around 10pc. Emperor Minelik II was the first leader of Ethiopia to engage in reforestation as he imported the Australian Eucalyptus in 1895. Prime Minister Abiy Ahmed (PhD) also is enamoured by lush greenery to the degree he launched the Green Legacy Initiative three years ago...


Radar

GREEN GLAZE

A street vendor sells fresh-cut grass around Kera for the holiday season. Most households embellish the holiday atmosphere at home, by spraying 'Qetema' in the house. A green glaze is expanding across the capital, with a new public park being announced every few months. Lemi Park in the recently formed Lemi Kura sub-city is the latest of these projects scheduled for a 10 months construction period. Friendship and Entoto parks, with the Prime Minister Office overseeing the construction, have beco...