Industry Dynamics

The country annual fish potential is 94,541tons, which is distributed to lakes, reservoirs, and rivers. Therefore, the fish processing plant would collect from different parts of the country and produces processed fishes.

African cashew producing countries are investing heavily in production and processing. While looking for processors, the governments of African cashew producing countries still hold large stocks of cashews.

Tanzania will build a new grape processing plant with an investment of $ 86.4 million and will provide bulk wine to wine processing factories in the country.

Ethiopian Ministry of Finance declared that Ethiopia plans to privatize six sugar projects in the first quarter of 2020.

The expansion of the African fast food market has increased the market size of African dairy products. As of 2018, the market value of fermented dairy products in Africa is 11.16 billion, and it is expected that the compound annual growth rate will be 4.9% in 2019-2025.

The bee industry in Ethiopia has huge investment potential. Its climatic conditions are conducive to planting plants and crops and is very suitable for beekeeping.

The poultry industry is an important sub-sector of agriculture in Ethiopia. Poultry meat accounts for 5% of the country's total meat production. At present, the current Ethiopian poultry population is about 56 million, but the average per capita consumption is less than 1 kg.

Ghana to establish $2.8 billion pulp mill to boost the paper industry and exports to the West African sub region.

A United Nations report shows that foreign investment in sub-Saharan Africa increased by 13% last year to $ 32 billion, reversing the global downward trend in the past two years.