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Ethiopian Sugar Industry Profile and the untold story

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Added by rahel in News
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Ethiopian Sugar Industry Profile and the untold story

ETHIOPIAN SUGAR INDUSTRY PROFILE
It was at Wonji in 1951 some 110 km east of the capital Addis Ababa that modern sugar industry started in Ethiopia as a share company established by foreign private investors & Ethiopian government. By then the Netherland’s H.V.A. Company had entered into the sector as a foreign share holder. When the factory started production in 1954 its initial production was one thousand four hundred quintals of sugar a year. At the start, the share company had five thousand hectares of land for its sugarcane cultivation. As its location is one of the most suitable areas of the world to the sector it opened a door to Wonji Candy Factory to come forward.

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