Friday, April 3, 2026

PM Abiy, high officials inaugurates WA Edible Oil Factory

The third largest oil Factory in Ethiopia W.A Oil Factory was inaugurated on Monday June 7, 2021 in the presence of Prime Minister Abiy Ahmed and different senior government officials.
W.A oil factory Located in Debremarkos town in Amhara region was built at a cost of 5.2 billion birr investment which took 3 years to complete.
W.A is said to be working to produce 40% domestic demand this year which could minimize the shortage of oil in the market.
When the plant is fully operational, it will be able to produce more than 1,350,000 liters of oil per day using various oilseeds. It has so far created employment opportunities for 1,500 citizens and is expected to create more than 3,000 jobs in a single shift.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia, China ink deal for RMB trade settlements

To strengthen Ethiopia's financial resilience and further enhance economic...

​NEBE Warns of Election Cancellations Over Voter Registration Coercion

The National Election Board of Ethiopia (NEBE) has issued...

Bank of China, AfDB review financing framework for Bishoftu Airport

The Ethiopian Airlines Group and the Ministry of Finance...

Container Shortage Reported Due to Maritime Transport Disruptions

The Ethiopian Maritime Authority (EMA) has announced a shortage...

Ethiopia’s MPC Holds Off on Lifting Credit Cap, Citing Global Uncertainty

The Monetary Policy Committee (MPC) of the National Bank...

Over 180,000 Metric Tons of Fuel Failed to Arrive Due to Conflict

Minister of Trade and Regional Integration (MoTRI) , Kassahun...

Ethiopia,China Reach Final Stage of Strategic Debt Restructuring Negotiations in Beijing

A high-level Ethiopian delegation, led by Finance Minister Ahmed...
spot_img

Related Articles

Popular Categories

spot_imgspot_img