Holland Dairy Unveils Cold Facility, Reinforces Eco Goals Through New Treatment Plant


Holland Dairy Unveils Cold Facility, Reinforces Eco Goals Through New Treatment Plant

Holland Dairy has officially inaugurated a cold storage facility and commissioned a wastewater treatment plant, marking a significant step forward in its commitment to growth and sustainability. The event was attended by the Mayor of Bishoftu and the Ambassador of the Kingdom of the Netherlands to Ethiopia, showcasing both national and international support for the initiative. The new cold storage facility, with a capacity of over 400,000 liters of yogurt, is designed to enhance supply chain efficiency and ensure consistent year-round availability. This is particularly critical in the local market, where seasonal fluctuations such as Orthodox fasting periods, rainy seasons, and holidays can disrupt dairy demand and distribution. “This infrastructure ensures quality, reduces waste, and strengthens market reliability,” said Jean-Paul Rieu, Commercial Director at Holland Dairy. “A reliable cold chain is the backbone of a thriving dairy industry.” In parallel, the commissioning of a modern wastewater treatment plant reinforces Holland Dairy’s commitment to environmental responsibility. The system is engineered to recycle production water for irrigation or to enable safe discharge into the environment, minimising the facility’s ecological footprint. Backed by a network of over 4,000 local dairy farmers, Holland Dairy continues to produce high-quality milk that meets international standards. The company remains at the forefront of promoting food security, environmental sustainability, and economic empowerment within the country.

[ssba-buttons]

Radar

NBE Expands Diaspora Warning Over Unlicensed Remittance Firms

The National Bank of Ethiopia (NBE) has issued an expanded public warning targeting unlicensed remittance operators abroad, flagging four U.S.-based companies it says are undermining Ethiopia's financial regulations. The warning includes newly disclosed findings and specific cases that underscore growing concerns about illicit cross-border financial activity. Remittance flows remain a vital lifeline for Ethiopia's economy, supporting households and supplying critical foreign currency. But as...


Radar

Stricter Standards Unveiled for Public Auditors, Accounting Firms

The Accounting & Auditing Board of Ethiopia (AABE) has issued a new directive aimed at strengthening oversight and professional standards in the accounting and auditing sector. Grounded in the Financial Reporting Proclamation, the directive addresses long-standing regulatory gaps while preparing the sector for the country's emerging capital market. Key provisions introduce stricter licensing standards for public auditors, professionals permitted to audit public interest entities. Applican...


Radar

Export Recovery Gains Ground, Industry Still Lags Potential

The Ministry of Industry (MoI) has reported a modest rebound in Ethiopia's manufacturing exports, with revenues climbing eight percent in the 2025 fiscal year to reach 318 million dollars. Minister Melaku Alebel attributed the growth to a gradual sectoral recovery but acknowledged the figures remain well below the country's industrial potential. Speaking at a forum held with 60 top-performing manufacturers, Melaku said the ministry is working to unlock bottlenecks and improve coordination. Th...