12 March 2014

Ethiopia: Unilever Plans Manufacturing in Ethiopia to Emulate Vietnam

Unilever (UNA), the world's second-biggest consumer-products maker, plans to open a manufacturing plant in Ethiopia during the next year, according to Bloomberg News. Unilever is renting premises for a plant in the Chinese-built Eastern Industry Zone in Dukem, near Addis Ababa.

Unilever, which sees Ethiopia as a growing market, is planning to produce fabric-cleaning soaps before moving into food. Officials were quoted as saying Unilever had taken a long-term investment decision in Ethiopia "because of the demography, broad-based growth and opportunity to create a genuinely inclusive and sustainable business model from scratch."

According to the International Monetary Fund, Ethiopia's economy has been growing at an average of 9.3 percent for the past four years, and is projected to expand by 8% this fiscal year. The company plans to build a "comprehensive consumer-goods manufacturing business" in Ethiopia, which will source from Ethiopian suppliers, and to devote efforts to local Ethiopian companies to act as distributors. It will focus on sales in Ethiopia but later expects to expand these to neighbors including South Sudan and Somali.

For How Long With Taxis Havoc?

Addis Ababa is entangled with a range of problems emanating from transportation challenges, particularly of taxis. The … see more »

Copyright © 2014 Government of Ethiopia. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.