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    Maaza partners with Petram to open Ethiopian bottling plant

    January 8, 20152 Mins Read
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    UAE beverage firm partners with renowned Ethiopian distributor to bottle its popular drinks in-country, hinting at possible regional expansion

    Maaza International, the UAE company behind a popular mango beverage brand, has partnered with Petram, one of Ethiopia’s largest and most successful companies, to open a bottling plant with an installed capacity of 3.5 million cases a year.

    “It’s a bottling and distribution arrangement we have with Petram and similar to arrangements we have for Saudi Arabia or Kuwait,” said commercial director Samer Salah, noting that it was Maaza first bottling partnership in Africa since a previous arrangement in Sudan 11 years ago. Ideally, we would like to go further into Africa, markets like Tanzania or Kenya. These are markets ripe for higher growth rates.

    “They had been importing our products earlier and there was merit in upgrading the relationship to a franchise. Apart from within Ethiopia itself, the bottler can distribute to some outside territories as well.

    “This is the second Maaza bottling arrangement we have in Africa after we introduced it in Sudan 11 years ago. Ideally, we would like to go further into Africa, markets like Tanzania or Kenya. These are markets ripe for higher growth rates.”

    The deal shortly follows UAE pharmaceutical giant Julphar’s plans to build a $49.5m insulin factory in Ethiopia through its local subsidiary Julphar Ethiopia Pharmaceutical Industry. Related article Dubai’s support for African business is good for all

    The UAE’s position as a business hub is set to continue

    In another recent Gulf-Ethiopia deal, Bahrain’s Ibdar Bank concluding a $100m deal with Ethiopian Airlines for the bank’s acquisition of four aircraft back for lease back to the airline.

    Ethiopia also inaugurated its long-anticipated embassy in the Al Bateen area of Abu Dhabi, in a diplomatic reflection of the ever growing economic connection between the two countries.

    Julphar plans $49.5m insulin factory in Ethiopia | Bahrain’s Ibdar Bank finalises $100m lease with Ethiopian Airlines | Ethiopia inaugurates long anticipated embassy in Abu Dhabi

    Ideally, we would like to go further into Africa, markets like Tanzania or Kenya. These are markets ripe for higher growth rates.

    Abu Dhabi Airline Bahrain Ibdar Bank bottling plant Ethiopia Ethiopian Airlines Gulf-Ethiopia Julphar Ethiopia Pharmaceutical Industry kenya Kuwait Maaza International Middle East Africa Petram saudi arabia Sudan Tanzania UAE
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