Ethiopia to Privatize Sugar Projects in First Quarter of 2020

The Ministry of Finance has announced that six sugar projects will be privatized in the first quarter of 2020. Finance State Minister, Eyob Tekalign, told journalists that the country is conducting technical assessment, validation of factories and social impact assessment for all the thirteen sugar projects, of which the six will be privatized in the stated period. The assessments on the projects are expected to be completed by the end of next month, he added. According to Eyob, useful information has been gathered from potential buyers in order to commence…

CEO`s New Year Message

Sugar is one of the top ten highly demanded agro-industrial products. Ethiopia has favorable natural resources and plentiful man power for this lucrative product. Because of the suitable natural resource the nation is endowed with for sugarcane production, the country is one of the very few nations known internationally for their sugarcane productivity. Well aware of the natural gift for the sector as well as cognizant of the sector`s leading role in the country`s economy, it is now nine years since Ethiopian government has been allocating high amount of investment…

Plant & Process Conference Held

The annual Plant & Process Conference which has been customary in the sugar sector but interrupted for the past nine years was held from July  25- 26, 2019 at Executive Hotel in Adama City. On the two day conference 227 participants have attended and held discussions on the presentations of the ten year performance report of sugarcane and factory product and productivity. Solution-indicative further discussions have been held, it was learned. Participants have also held discussions on the road map of a five and three year’s sugarcane development and factories…

Accredited Research Findings of Four Local Sugarcane Varieties Released

Research findings of four local sugar cane varieties by Senior Researcher Esayas Tena Gashaw (Ph.D) of the Research and Development Main Center of Sugar Corporation have been accredited and released for the first time in the history of sugar development sector of our country. The sugarcane varieties were endorsed and released by The National Variety Releasing Committee on May 31 2019. The major benefits of the varieties among many others are the following: The varieties are  appropriate for different sugarcane growing ecosystems ; They have high yield of sugarcane as…

Construction of Tana Beles Sugar Factory Number 1 Resumed

Factory expected to produce sugar in eight months requires 95 million USD The remaining construction of Tana Beles Sugar Factory Number 1 resumed last week following Sugar Corporation’s and China CAMC Engineering Co., Ltd (CAMCE) agreement signed in January 2019 to complete construction of the factory very soon. According to the agreement, the Factory is expected to produce sugar in eight months period. Most of the 5.7 billion birr finance allowed by the Ethiopian Government is to be spent for the completion of Tana Beles 1 and Omo Kuraz 2…

Sugar Development Projects

Omo Kuraz Sugar Development Project It is a project found in South Omo Zone (Selamago and Gnanegatom Districts), Bench-Maji Zone (Surma and Mieinitshasha Districts) and Keffa Zone (Diecha District) of Southern Nations, Nationalities & Peoples Region. It is about 825-954 km from Addis Ababa via Hosaena – Arbaminch -Jinka or 859-988 km via Shashemenne – ArbaMinch – Jinka route. It is an hour flight to Jinka plus a vehicle journey that stretches from 80 -220 km. The project has four factories that can crush 60,000 tons of sugarcane under construction…

Research and Development (Main) Center

Research works on sugar begun in our country in 1951 by the Dutch HVA Company. The Headquarter of the then Research Center was in Amsterdam. The center by then had been giving a strong support for sugar factories in Ethiopia. Since the factory started planting sugarcane and start sugar production, evidences show trainings on sugar industry were used to be given from 1958. Later, due to the factories transfer to public ownership, this made the research works had been carried out by different organizational structures at different times. It was…

Investment

Investment Opportunities and Joint Venture The government has decided to transfer public enterprises to the private sector totally or partially. Encouraged by this several domestic and expatriate companies have showed interest to work in joint ventures and private investment on sugar and related sectors. It is known that Sugar Corporation has issued Letter of Intent in September 2016 prior to the government`s recent decision to invite investors. Accordingly, till January 2019, 30 companies have shown interest and presented their profiles to work in joint ventures with Sugar Corporation. Discussions were…

The industry with scores of benefits

Sugar Industry is one of the industries which contribute immensely for the industrial transformation of our country. The country has huge labor and resources like water, suitable climate and ideal landscape to expand this export-oriented manufacturing industry. It has to be done hand in hand with increasing productivity. Ethiopia has favorable climate for sugar cane development. It also has more than 500 thousand hectares of irrigable land suitable for the sector. Moreover, it has abundant untapped water resource. These make the sector seek more attention and a coordinated effort. Till…

Rays of hope from OMO

Have you ever imagined sugar needs an axe than a spoon for consumption? But this had happened in earlier days of sugar production. Had you lived that time you would have used a “sugar axe” first  and thereafter a spoon to stir your cup of tea or coffee. Thanks to technological innovations of our days, sugar is now-a-days produced in the form of grain or powder. But before engulfing the globe, this sweetener is said to be originated from India. And, during the aforementioned old days sugar was produced in…