M a r k e t N e w s

Ethiopia Encouraging Investment in Meat Export to Increase Revenue

Posted on : Tuesday , 20th December 2016

Nation encouraging investment in meat and meat product export as part of effort to increase hard currency earning.

 
Ethiopia is home to Africa's largest livestock population. A 2013 survey by the Central Statistical Agency on country's rural sedentary areas revealed the existence of over 53.99 million heads of cattle and 25.5 million sheep.
 
Despite a stark annual progress, the annual revenue the country gets from the export of meat and meat product stands asymmetrical compared to the potential.
 
For instance, last Ethiopian fiscal year it managed to secure 102 million USD. A goal has been set to raise the revenue to 156 million USD this year while the amount would hit 400 million USD in five years time, according to information from the Ethiopian Meat and Dairy Industry Development Institute (EMDIDI).
 
As agriculture is considered to be the main vehicle towards industry-led economy, the livestock sector undoubtedly becomes of greater importance in many respects. It plays roles from creating jobs, increasing hard currency inflow to technology and knowledge transfer. And various incentives are attached to elicit those involved in the sector.
 
A move to surge sector's potential is a 75 million USD worth state-of-the-art abattoir lying on 75 hectares land by an Indian investment Allana Sons Frigorifico Boran Foods PLC at Adami Tulu town of Oromia State which is nearing completion.
 
In an exclusive interview with The Ethiopian Herald, Company General Manager Vijay Dongare said the realization of the company would assist in improving the quality of life of the surrounding community apart from helping to meet national aspirations.
 
He added: "The company will export 300 tons of processed meat product per day."
 
According to Vijay, the company is eyeing US, Europe and mainly the Middle East as its export destinations.
 
He also said Allana decided to invest in Ethiopia for two major reasons, abundant animal resource and government support.
 
He said since the company would apply advanced equipment, no body part of the slaughtered animal is disposed. "Bones and blood will also be processed for export as plate food."
 
Besides export income and 3,000 jobs, he said the company would be involved in community developing building schools, health institutions as well as supplying potable water.
 
EMDIDI Director General Haileselassie Weres said for his part the establishment of the company would scale up country's technological capacity, knowledge transfer, income generation and job creation, among others.
 
According to Haileselassie, the expansion of advanced abattoir and other dairy farm industries would enable the country utilize its enormous resources.
 
He added that the government is working in the areas of animal resource development, infrastructure, market availability, curbing red-tape and ending livestock contraband.
 
A two-day tour to major abattoir investment at Dukem, Modjo, Zeway and Adami Tulu of Oromia State flickers hope that the nation is on track to utilize its livestock potential.

Source : allafrica.com
-->
Featured Companies
  • Fasa | Packaging machinery and solutions
  • /
  • PRODAL 94 SRL
  • ME GUSTA

Complete List  

Advertisers in previous issue:

  • Symega is a reliable producer of food ingredients and has supplied to many of the finest food processors in different parts of the world.
  •  Richfield Industries is a part of one of the fastest growing industrial and services conglomerate with projected turnover of Rs.1000 crore.
  • Packing Materials & Machines, Packing  Materials & Machines manufacturer.
  •  We are a prominent packaging company based at industrial heart of Ahmedabad city.
  • Gateway to Global Food B2B Marketplace
  • OASIS is a subsidiary of OASIS International. The OASIS brand is the recognized worldwide leader in the design and manufacture of bottled and pressure water coolers.
  • MM Vitaoils is a world leader in downstream palm oil industry with full range of packaging.
  • Wide Range of Food Products.
  • Complete processing lines for Food Industry.
  • Afronutri Ltd is an intermediary supplier of end consumer baby food   products selling directly to retails and wholesalers as well as hospitals and pharmacies.
  • Supermarket Shelving,Freezers,Chillers;Trolleys;Weiching Scales;Cash Registers Labelling Machines;etc.
  • Hotel and restaurent
  • The Gulf Union Foods Company is one of the key national companies that have a clear contribution to the food manufacturing sector, especially juices and beverages.
  • The Major Food Processing & Packaging Technology Show in Egypt & North Africa
  • Sonarome has supplied customers with quality flavours and fragrances.
  • Immediately following WWII, Pan American World Airways had a vision of mass civilian international business and leisure air travel and so began trailblazing its way across the skies of the Americas, Europe, Africa, Asia and the Middle East. Thus came
  • This journal goes to producers, buyers, traders and carriers dealing with the food industry products from Ukraine, and neighbor and foreign countries.
  •  International Exhibition on Food Products, Processing & packaging Machineries and Allied Industries.
  • AgriTech Analytic
  •  The company started in 1987 and is today one of the largest privately owned companies supplying containers for a multitude of applications.
  • Ulker Group started its adventure with 75 tons of biscuit production in its first year, 64 years ago.
  • Manufactures & Suppliers of all Hotel,Restaurant & Bakeries Equipment.
  • Industrial Dynamics / filtec has been a leading innovator in the filed of inspection and laser coding equipment
  • Veendeep Oiltek is one of India
  •  More than 30000 food and non-food references delivered anywhere in the world.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade