Most Read

  • RIP Molefi Thulo
    It is with profound sadness that we share the news that Molefi Thulo has passed away. This ever humble, always inspirational human will leave a massive hole in the industry that he loved so much, and to which he gave so much.
  • ADNA launches in Cape Town
    Creative intelligence group, ADNA (Audience DNA) is expanding into Africa with their new regional headquarters in Cape Town. The agency officially launched here in January this year with a full-service team including data, creative and strategic consultancy, consumer and market insights.
  • Nestlé Cremora remakes iconic 'it's not inside, it's on top' ad
    Much like its iconic advert 'it's not inside, it's on top' which portrayed an insightful observation of people's responses from all races, ages and genders; Nestlé Cremora, a local favourite coffee and tea creamer, remains an unforgettable brand, more so in light of its strong heritage with South African consumers.
  • Telkom announces a new CEO
    Telkom has announced that Serame Taukobong, the company's current CEO of the Telkom Consumer Business and a group executive committee member, has been appointed as its new group CEO, effective 1 October. Taukobong will take up the position on 1 July 2022.
  • #MarketingMasterminds: Saatchi & Saatchi creative director Stephanie Symonds on the nostalgia of Stimorol Retro
    This month's Marketing Mastermind is Stephanie Symonds, Saatchi & Saatchi creative director. She discusses Stimorol Retro. Issued by Facebook
  • Homegrown battery manufacturer secures R20m investment
    Boost for local champion bringing innovative, local and trusted battery storage solutions for African energy needs
    Issued by Edge Growth
Show more

4th Addis Agrofood Exhibition in Ethiopia

The 4th International Addis Agrofood Agriculture, Agricultural Machinery, Food, Food Technologies and Packaging Exhibition is one of the fastest growing agro-food events in Ethiopia. The event will take place at the Addis Ababa Exhibition Center, Addis Ababa, from 2-5 December 2016.

Organised by Ladin International Fair Organizations, which was founded in 1993 and has conducted many successful international exhibitions in various countries worldwide, Addis Agrofood offers the exporter companies a chance to increase their sales and presence in Ethiopia.

50 companies from Turkey, Ethiopia, China, Italy, Germany, Spain, Kenya, UAE, Lebanon and Jordan participated in the third edition of Addis Agrofood. The exhibition was visited by nearly 2,300 unique visitors. The product groups in the exhibition included silos (grain storage facilities,) seed cleaning, processing and conditioning equipment, agricultural machinery, water treatment and irrigation technologies, food processing and packaging machinery and equipment, poultry equipment, milking systems, feed machinery, animal nutrition and veterinary products, food and beverages (dates, chewing gum, pasta, biscuits, cookies and pastry, nuts, yeast, tomato-pepper paste, tea, beer.)

Ethiopia’s economy is mainly based on agriculture and the country imports almost all food and agricultural machinery. Ethiopia is the first at livestock breeding sector in Africa, and it also is one of the first ten countries in the world. According to the Economist, Ethiopia has one of the fastest growing economies in the world. The country has also recorded an ‘impressive growth’ during the past few years, according to a recent IMF review.

Ethiopia is the second most populated country in Africa. Ethiopian government reduced customs tariff significantly in the framework of creating economic liberalization. The maximum tariff came down from 230% to 35% and the minimum is 5%. The average tariff is reduced from 41.6% to 17.5%. Ethiopia also has several agreements that grant duty-free access to many countries, including European countries and the USA.

Business friendly climate, duty-free access, and competitive labour costs have successfully created new investments and employment opportunities. Ethiopia is also a member of COMESA which has an access to the markets of 20 African countries.
Comment

Let's do Biz