Food & Drug Authority Acts against Wheat Flour Producers


Food & Drug Authority Acts against Wheat Flour Producers

The Ethiopian Food & Drug Authority (EFDA) has imposed administrative measures on wheat flour producers and importers for failing to comply with federal requirements to fortify their products. Officials say food fortification is critical for boosting consumers' intake of essential nutrients such as vitamins and minerals, which are added during production to enrich frequently consumed foods. In a statement the Agency issued on April 10, 2025, it said some firms still distribute unfortified flour, even though regulations mandate enrichment with vitamins and zinc. The federal directive, effective June 2024, targets edible oil and wheat flour, providing a grace period for businesses to adopt fortification measures. According to drug authorities, many companies have already complied, but some remain noncompliant. The Authority has closed these companies and urged regional regulators to curb the circulation of substandard items. The Authority warns that failure to comply will result in further enforcement actions.


Radar

Ethio Telecom Launches New Marketplace with Cash-Back Guarantee

Ethio Telecom has launched Zemen Gebeya, a nationwide digital marketplace integrated into the telebirr SuperApp, offering a secure platform for consumers and businesses to trade goods and services. The platform includes a built-in escrow service, allowing payments to be held temporarily until the buyer confirms delivery. If a product is not delivered or the buyer is dissatisfied, the payment is returned—creating a cash-back guarantee model designed to build trust in online transactions. Lau...


Radar

Ethiopia-Israel Business Forum Opens Doors to Investment Opportunities

The Ethiopia-Israel Business Forum took place last week at the Hyatt Regency Addis Abeba, bringing together Ethiopian government officials and investors from Israel. Officials presented a range of investment opportunities, while Israeli investors expressed interest in entering the market. The forum opened with remarks from the foreign ministers. Gedion Timotheos, Ethiopia's Minister of Foreign Affairs, used his address to extend a formal invitation to the Israeli business community, stressing...


Radar

National Bank Injects Millions Through Foreign Currency Auction

The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. According to official data, the latest auction was held on May 7, 2025, during which 60 million dollars was supplied to 16 participating banks at an average exchange rate of 132.9643 Br per dollar. In the previous month, the NBE held two auctions: 70 million dollars was offered on April 16 to 26 banks at an...