Ethiopian Sugar Corporation (ESC), the state agency in charge of regulating the industry says, Ethiopia will meet its local sugar demand from domestic production after a year, making sugar import history. Ethiopia will fully satisfy the local sugar market from domestic production by the end of the next fiscal year, which will start July 8. Eeight factories produce sugar currently including, Wonji-Shewa, Matahara, Fincha, Kessem, Tehdaho, Arjo, Omo Kuraz II and Omo Kuraz III. In addition, five factories which are Omo Kuraz I, Omo Kuraz V, TanaBeles I and Tana Beles II and Wolkaite are at their construction phase. The company has received hundreds of millions of dollars from the government to construct several sugar factories but failed to deliver a single one.

Source: News Business Ethiopia February 19, 2019 11:03 UTC