Ethiopia

Ethiopia receives $70.5 million for relocating and expanding one of its largest slaughterhouses

IT & Logistic

Ethiopia and France signed a loan and grant agreement worth 70.5 million dollars for relocating and expanding Addis Ababa Abattoirs Enterprise, Ethiopian News Agency reported.

Posted on Sep 16 ,08:00

Ethiopia receives $70.5 million for relocating and expanding one of its largest slaughterhouses

 

 

France granted Ethiopia 70 million dollars in concessional loan for the relocation and expansion of one of its largest abattoirs, Addis Ababa Abattoirs Enterprise, and 0.5 million dollars as a grant for technical support.

The agreement was signed by Finance and Economic Cooperation State Minister Admasu Nebebe and France's Ambassador to Ethiopia Frederic Bontems.

“The credit and grant agreement which we signed is part of our commitment to strengthen our partnership especially in building a modern city infrastructure and service to the residents”, the State Minister said.

The Ethiopian authorities plan to implement the project between 2017 and 2022 and wants to double the capacity of the facility to 810,000 slaughtered animals per year, which would represent 60% of the meat consumed in Addis Ababa Municipality.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Asia

Cargill opens first innovation center in Singapore

On June 20, Cargill has opened its first innovation center in Singapore to help customers anticip...


Read more Read more
Asia

Thailand halts pork imports from Laos

ASF has reached Laos last week and China and Thailand is the first country that reacted to the si...


Read more Read more
Spain

Spanish ham sector witnessed a 45% growth in exports in the last 4 years

The export market for Spanish ham (Jamon) has been growing with 45% in the last four years in ter...


Read more Read more
Websolutions by Angular Software and SpiderClass