• How many liters of palm oil did Ethiopia import last fiscal year?
  • Official sources indicate that Ethiopia imported 73,434 liters of palm oil last fiscal year. It is indicated that cognizant of this hard fact, Sheikh Mohammed Al-Amoudi has decided to erect this state-of-the-art factory to stabilize the price of the product and contribute its share in import substitution.
  • Where does Ethiopia import palm oil?
  • Ethiopia imports Palm Oil primarily from: Djibouti ($45M), Malaysia ($34.4M), Indonesia ($29.5M), Turkey ($17.3M), and United States ($2.59M). The fastest growing import markets in Palm Oil for Ethiopia between 2019 and 2020 were Djibouti ($23.8M), Turkey ($17.3M), and Indonesia ($14M).
  • How much does a palm oil mill cost in Nigeria?
  • Small palm oil mill press costs between $2880 and $2980, which amounts to N1,022,400 to N1,057,900 in the Nigerian currency.
  • Where is the modern edible oil factory located in Addis Ababa?
  • A corner stone for the modern edible oil factory was laid today in Addis Ababa, around Summit area adjacent to Pepsi Cola factory.
  • How much oil does Ethiopia eat a year?
  • The country spends about 600 million USD annually to purchase edible oil every year from abroad and this amounts 1/5 of the county’s foreign trade expenses. Local cooking oil manufacturers cover only four per cent of the country’s total consumption. Official sources indicate that Ethiopia imported 73,434 liters of palm oil last fiscal year.
  • Is Horizon Plantation part of integrated development projects of MIDROC Ethiopia?
  • CEO of the Horizon Plantation Investment Group Mr. Jemal Ahmed also said that the oil processing plant is part of integrated development projects of MIDROC Ethiopia.