A new Chocolate factory is expected to launch operations by November later this year in a facility constructed at Tatek Special Industrial Zone in West Shewa, Oromia Regional State.
The chocolate factory is owned by Haredo LLC, which was a small data processing and preparation company based in Silver Spring, Maryland, USA. After incorporating new Investors from Europe, the US and Ethiopia the company has now decided to produce chocolate in partnership with local investor Sunshine Investment Group, the leading investor in the factory.
Selamawit Samuel, Chairwoman and major shareholder of Sunshine Business Plc
Selamawit Samuel, Chairwoman and major shareholder of Sunshine Business Plc told Capital in an emailed interview that the factory will start operation soon. “The factory has been constructed. We are now in the process of ordering and waiting for the machines to produce the chocolate from Europe. Operation and production will commence November 7th”.