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Deal #4378 Version #67283

Ethiopia
Created at
2014-05-28
Last update
2020-07-27
Last full update
2020-07-27

Overall comment

Overall comment
New Projects in the Pipeline by East African Agri-Business  Tea Business Expansion (1,000 hectares)  Tomato Plantation and Processing Plant – the company has acquired 500 ha land in Amhara region for Tomato plantation and processing factory with annual capacity of 15,000 tons of tomato paste per year  Irrigation Equipment Supply – the company has installed Austrian movable irrigation technology on 80 ha land in Chewaka Tea Estate and is the sole agent for “One Aqua” brand equipment in Ethiopia  Vineyard and Winery Project – the company has identified and acquired land for vineyard and winery in Dire Dawa where our sister company National Cement is located a project team to facilitate the vineyard project  Kullen Valley Peanut Plantation – the company has acquired 5,000 hectares land in Somalia region for Peanut plantation and during off-season Onions & Tomatoes farming. This will ensure consistent input supply to sister company, Hamaressa Edible Oil