USD 20m poultry farm to be built in Ethiopia

Diaspora, Israeli company team together to meet need for cheap meat
A corporate chicken farm which can produce 24,000 tons of poultry meat per year will be built in Alage, 30km from Adame Tulu at a price tag of USD 20 million.
The chicken farm came to fruition after the Israeli livestock company Agrotop, and Diaspora owned Nutropia Poultry & Feed signed an agreement to start the farm.
According to the deal Agrotop will construct and manage the farm while Nutropia will own the business. The project which will be constructed in four phases will take four years to complete. After the first phase is completed at the end of this year, the farm will begin producing 4,700 tons of chicken meat.
When the farm begins operating it will create over 150 jobs. The chicken meat will be exported to African countries and will be sold to local hotels, restaurants, organizations, supermarkets and individual consumers.
Once completed, the Nutropia project will include a parent stock rearing farm, a parent stock production farm, six broiler farms, a hatchery, slaughterhouse and poultry feed mill.
“One of the main reasons for malnutrition in Ethiopia is the unavailability of cheap animal protein. Currently, only 12 percent of the country’s protein intake comes from animals,” explained Fasika Eyassu, Nutropia’s co-founder. “Nutropia is entering the market with the aim of closing this gap. We aim to restore dignity of mankind by ending hunger and malnutrition. We believe that great businesses tackle great problems.” Nutropia is founded by Fasika Eyassu and Eyob Tesfaye.
Ethiopia’s annual average chicken meat consumption is only half a kilo per year per person as compared to 2.3 kgs per year per person in the rest of Sub-Saharan Africa and 41 kgs per year per person in Peru. With a population of more than 100 million people, Nutropia is well positioned to meet the growing need for cheap and easily obtained protein.
Agrotop is a leading global player in livestock turnkey projects. The company provides a full range of services for realizing livestock and agro-industry construction projects, while focusing on its clients’ visions and maximizing their business results.