looking for partners for palm oil in ethiopia

                                               
                                               
                                               
                                               
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  • Why is Ethiopia importing palm oil from Djibouti?
  • While 90% of the palm oil sold in Ethiopia is imported, the region’s only refinery offers an important advantage. Addis Ababa is spending $500m a year on imports, against a backdrop of foreign-exchange shortages. “By importing from Djibouti, there is no foreign-exchange problem.
  • Where is golden Africa's palm oil refining & packaging plant?
  • REUTERS/Ahmed Jadallah One year after its inauguration in December 2018, overlooking the multimodal port of Doraleh, Golden Africa’s palm oil refining and packaging plant has already picked up speed. And trucks, destined for Ethiopia, will soon be on their way, fully loaded. More than $30m was invested in the refinery, the largest in Djibouti.
  • Does Djibouti have a palm oil pipeline?
  • The company, headed by the Yemeni Fouad Hayel Saeed, Djibouti’s honorary consul in Malaysia, has a 3.4 km pipeline to its own terminal, where ships from Malaysia and Indonesia (producing 85% of the world’s palm oil) dock. Within a year of opening, the company had captured almost a fifth of the palm oil market share in Ethiopia.
  • Does Djibouti have a palm oil refining plant?
  • A Djibouti policeman stands guard at the Doraleh container terminal in Djibouti port. REUTERS/Ahmed Jadallah One year after its inauguration in December 2018, overlooking the multimodal port of Doraleh, Golden Africa’s palm oil refining and packaging plant has already picked up speed.