Brookside Dairy, a Kenya based milk processing and marketing company is eyeing to acquire 20 percent share in Ethiopia's Elemtu Milk Integrated Industry, Fortune reported.
Elemtu is developing a milk processing plant in the outskirts of the capital, Addis Ababa at a cost of 60 million Ethiopian birr.
Vegpro Group, a Kenya based vegetable and flower exporter, is to expand its operations of horticulture packaging and exports in Ethiopia.
The company has several investments and package centers in various countries in Africa and is planning to setup a packaging center in Southern Ethiopia for the export market.
The Kenyan horticulture giant is one of the biggest companies supplying food to supermarkets in the UK and EU.Seven Seas Technologies (SST), a Kenyan integrated information technology services provider, is set to open an office in Addis Ababa.
The Kenyan SST said that it was going to invest nearly one million dollars in its move to register a strong market presence within the horn of Africa region.
SST's venture into the Ethiopian market is powered by a joint venture agreement with Netcom Limited an Ethiopian company.
Catalyst Principal Partners, a Kenya based private equity firm, yesterday announced the acquisition of a 50% stake in Yes Brands Food & Beverages PLC, Ethiopia.
A high level Kenyan trade delegation is to visit Ethiopia on a three day trade mission in Ethiopia. The event is organized by the Kenya Association of Manufacturers and the Kenyan Embassy in Ethiopia.
The delegation include senior government officials of the Kenyan government and industry executives from food & beverage, metal, construction sectors. The organization of the event is aimed at nurturing closer economic, political and cultural ties between the two countries.
