Can Ethiopia scale up its production of edible oil?
Ethiopia has a huge potential for scaling up its production of edible oil; favorable agro-climatic condition for increased oilseed cultivation, the labor-incentive nature of the sub-sector, a conductive business environment and the huge local demand. Despite this potential, however, the edible oil processing industry remains underdeveloped.
Does cooking oil need to be refined in Ethiopia?
According to the Ethiopia standard all edible oil must be refined, although a number pf specific oil seed must be semi refining. Several efforts geared towards addressing the growing demand for cooking oil with locally produced oil is well underway. CHAPTER THEREE – MARKET AND DEMAND ANALYSIS 3.1. Market Investigation 3.1.1.
What is Ethiopian edible oil company’s policy?
The company`s policy is to command high reputation from its clients by rendering fast, compressive and most efficient service. According to the Ethiopia standard all edible oil must be refined, although a number pf specific oil seed must be semi refining.
Is edible oil a viable business idea in Ethiopia?
Economic feasibility investigation result also shows the profitability of the business idea, since, the net present value is positive which mean acceptable and viable for implementation. The Ethiopian government is aiming to achieve self-sufficiency in edible oil by 2015.