Habesha Breweries S.C Latest Ethiopian News

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BGI and Habesha Breweries launch new products

BGI Ethiopia is set to introduce a new product, SEN’Q. This is to be a nonalcoholic malt beverage from one of Ethiopia’s biggest breweries of beer after it introduced a new dark brown beer, Doppel earlier this summer to the local market. Earlier this month, Habesha introduced Kidame beer in a direct competition to St. George, a light beer that is 4.8 percent alcoholic.

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IFC invests 50ml Eur in Habesha Breweries for local sourcing

The International Finance Corporation (IFC) announced an investment of up to € 50 million in Habesha Breweries S.C. in a press release earlier this week. The sizeable loan from IFC – a member of the World Bank Group – is intended to help the expansion of Habesha Breweries operations, create 500 jobs and increase local barley sourcing from smallholder farms.

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Products and Services in Ethiopia

Date: Jan 11, 2022
Currency (Code)Buying RateSelling Rate
US DollarUS Dollar(USD)49.381350.3689
EuroEuro(EUR)55.934257.0529
Pound SterlingPound Sterling(GBP)64.098765.3807
UAE DirhamUAE Dirham(AED)12.165612.4089
Saudi RiyalSaudi Riyal(SAR)11.905012.1431
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