Tripartite Sign Deals to Expand Soybean Value Chain


Tripartite Sign Deals to Expand Soybean Value Chain

Ethiopian Trading & Business Corporation (ETBC), Soy Afric Ltd., and Kazana Group have signed a memorandum of understanding (MoU) to improve soybean production, processing, and export from Ethiopia. The three partners are actively involved in agriculture and soybean production. The Corporation is known for its work with smallholder farmers, while Soy Afric Ltd has been producing soybeans for a decade, and Kazana Group brings expertise in investment capital. The MoU is intended to strengthen the soybean value chain, helping farmers get their products to market and enabling them to gain more value from their production. The agreement, announced in a joint statement last week, is expected to support smallholder farmers, contribute to food security, create jobs, and promote rural development. The organisations have noted their plan to introduce resilience and innovation at every stage of the soybean value chain.


Radar

Parliament Reviews Bill Allowing Foreign Property Ownership

A draft proclamation that would allow foreigners to own or occupy immovable property in Ethiopia has been submitted to parliament by the Council of Ministers. Designed to attract foreign investment, the draft law plans to ensure that Ethiopian citizens retain their right to land ownership and use. According to a statement from the Prime Minister's Office, the draft was among six agenda items discussed and approved during the Council's regular session held on May 2, 2025. The proclamation is e...


Radar

Speeding in the Spotlight as New Safety Drive Begins

The Road Safety and Insurance Fund Service has stated that drivers are responsible for 68 percent of traffic accidents in Ethiopia, with the remainder mainly caused by pedestrians and road conditions. On this topic, the service launched a one-month mass media campaign on last week focused on raising awareness about speeding, the leading cause of traffic accidents. The campaign, under the motto "Slow Down, Speeding Ruins Lives," plans to shed light on the dangers of speeding. Yohannes Lemma, E...


Radar

Askari Metals Secures Five Gold Licenses in Untapped Adola Belt

Askari Metals has acquired 100pc of Rift Valley Metals, gaining five gold exploration licences covering 460sqkm in Ethiopia's Adola Greenstone Belt, part of the southern Arabian-Nubian Shield, a mineral-rich but underexplored region. "The exploration areas—Sakaro, Sakaro West, Lega Dembi South, Megado, and Wayu Boda—lie near Ethiopia's top gold mines, including Lega Dembi and Sakaro, which have produced over three million ounces of gold. The area is known for orogenic gold systems hosted...