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  • Will a US based investment firm build an oil refinery in Ethiopia?
  • A US based investment firm is collaborating with partners from Asian countries to build an oil refinery in Ethiopia. The project, worth $4 billion, is expected to serve the country and the rest of east African market.
  • Which oilseeds are a good business opportunity in Ethiopia?
  • In 2009, the Royal Netherlands Embassy in Ethiopia commissioned a study on oilseeds business opportunities. The study indicated that sunflower and soybean represent the greatest opportunity for domestic market supply and import substitution. Imported soybean and sunflower oil have a considerable market share on the local market.
  • Is Ethiopia just a refinery?
  • By the way it’s not just a refinery. Refinery is just the first component…we are going to have an entire petrochemical over the next fifteen years.” At the moment Ethiopia uses three million metric tons of fuel every year. “The aim is to service all of East Africa.
  • How many soybeans are produced in Ethiopia?
  • The Ethiopian CSA (2019) also reported the production of the crop on 64,720.12 ... ... An early maturing soybean cultivar (Jalele), which also showed well nodulation and growth under greenhouse conditions, was selected principally due to inconsistency in the duration of rainy season.
  • Why is soybean a bottleneck in Ethiopia?
  • In northeastern Ethiopia, soybean [Glycine max (L) Merril] is one of the most important legume crops. However, one of the manufacturing bottlenecks is the lack of high-quality seeds. Quality seed production necessitates the development of seeds from improved types under optimal growth conditions and storage for the shortest time possible.
  • How much oil does Ethiopia import?
  • Ethiopia imports large quantities of soybean and palm oil. The value of imported edible oil is 40 to 50% of the export earnings of oilseeds. Oilseed crushers produce around 20% of the domestic consumption of edible oil: 80% is imported mainly as palm oil and soybean oil.