Ethiopia Seeks Bids for Coffee Farm, Other State-Owned Companies

(Bloomberg): Ethiopia’s government invited bids for six state-owned enterprises as part of a plan to raise 1 billion Ethiopian birr ($55.1 million) this fiscal year by selling assets to private investors. Among... Read more »

Diageo Wants to Cover 50% of Ethiopian Beer Market

Diageo Plc (DGE), the world’s biggest liquor maker, wants to boost its share of Ethiopia’s beer market to 50 percent from the current 15 percent as it completes the acquisition of a... Read more »
Diageo buys Meta abo brewery for $35 million dollars

Meta Abo Brewery and Ras Hotel Bid Result Approved, Diageo buys Meta Abo for $35 million

The Privatization and Public Enterprises Supervising Agency (PPESA) board approved the bid results for Meta Abo Brewery, Addis Ababa Ras Hotel and other public enterprises. The board, chaired by Aster Mamo the... Read more »

Ethiopia invites bids for Meta Abo brewery

Foreign companies are reportedly jostling to buy the last brewery owned by the Ethiopian government, a week after it sold two its beer producers to Holland’s Heineken. South African, British and Dutch... Read more »

BGI, Raya Brewery Discussing Joint Venture

Breweries discuss BGI’s possibly buying shares in Raya, partial management BGI Ethiopia, Ethiopia’s largest brewer by volume, has been holding talks with Raya Brewery over a possible purchase of stakes in the... Read more »