Sunday, November 30, 2025

PM Abiy, high officials inaugurates WA Edible Oil Factory

The third largest oil Factory in Ethiopia W.A Oil Factory was inaugurated on Monday June 7, 2021 in the presence of Prime Minister Abiy Ahmed and different senior government officials.
W.A oil factory Located in Debremarkos town in Amhara region was built at a cost of 5.2 billion birr investment which took 3 years to complete.
W.A is said to be working to produce 40% domestic demand this year which could minimize the shortage of oil in the market.
When the plant is fully operational, it will be able to produce more than 1,350,000 liters of oil per day using various oilseeds. It has so far created employment opportunities for 1,500 citizens and is expected to create more than 3,000 jobs in a single shift.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

3D Printing Technology Was Introduced for RITM-200 Reactor Plant

Rosatom’s Experimental Design Bureau of Mechanical Engineering has received...

UAE Pledges $1B in AI Investment into Africa

The UAE plans to invest $1 billion in artificial...

The Case of Africa’s ‘Vanishing’ Carbon Deals

When Liberia's government signed an agreement with a little-known...

Assessing Progress on Africa’s Agenda 2063

In line with Africa’s enormous potential as a youthful...

Irrevocable Letter of Credit (ILOC)

An irrevocable letter of credit (ILOC) is a bank-issued...

Standard Bank becomes first foreign bank Re-Licensed by NBE

The National Bank of Ethiopia (NBE) has issued its...

What are the FIA Motorsport Games?

The FIA Motorsport Games are a global, multi‑discipline motorsport...

ChildFund Empowering Youth for Environmental Sustainability

ChildFund Ethiopia is a non-governmental organization dedicated to the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img