made groundnut oil refinery mill in addis ababa

   
made groundnut oil refinery mill in addis ababa
                                               
                                               
                                               
                                               
  • made groundnut oil refinery mill in addis ababa
How much does edible oil cost in Addis Ababa?

The price for one liter locally manufactured edible oil in Addis Ababa is Birr 13, while imported brands are sold at Birr 15. Taking into account mark-ups by distributors and retailers the factory gate price recommended for the new project is Birr 11/litre.

Who owns Ethiopian oil factory?

The factory is owned by Belayneh Kinde, one of the tycoons engaged in agribusiness and other investments including owning Ethiopian Hotel in Addis Ababa and engaged in export of several agricultural commodities, such as oil seeds. The total investment of the new edible oil factory is close to 2.1 billion birr (around $73 million).

Will a new oil factory halve the import of Ethiopia?

Built in Amhara region, a new edible oil factory from sunflower and soya bean is set to halve the import of Ethiopia. When it goes fully operational, the new factor constructed in West Gojam zone Bure town on 30 hectares of land, will create jobs for 2,000 people, according to FBC report.

How much money will be invested in a new edible oil factory?

The total investment of the new edible oil factory is close to 2.1 billion birr (around $73 million). It is also indicated that the factor will be using sunflower and soya beans grown in Ethiopia.