Ethiopia purchases 2m qutls of sugar for New Year

Addis Ababa, September 4, 2020 (FBC) –The Ministry of Trade and Industry (MoTI) said that it is currently importing 2 million quintals of sugar from abroad.

The purchase of sugar from abroad is aimed at meeting the demand arising in connection with Ethiopian New Year festivity which starts after a week, said Wondimu Filate, Communication Affairs Director at MoTI.

Desalegn Tesema, head of supply and warehouse at the Ethiopian Sugar Corporation, said there is sufficient stock of sugar that will last for the next two months.

According to the Corporation, Ethiopia’s annual demand for sugar currently stands at 7.5 million quintals.