Firm to outsource biofuel farm in Ethiopia PDF Print E-mail
Tuesday, 06 April 2010 18:57

Ardent Energy Group Inc, a Nevada Corporation with a branch in Ethiopia engaged in a biodiesel fuel development announced that it is going to outsource its farming project in Ethiopia to farmers. “We decided to change our business model from owning and managing our own farm operation to working with multiple farmers in Ethiopia,” said Yemane Daniel Gezahegne, AEG’s chairman and Chief Executive Officer.


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Ethiopia's Economy Grows 10.6 Per Cent Annually Since 2004

"The growth over the last nine years was far beyond the growth rates recorded in aggregate terms for sub-Saharan Africa which was 5.2 per cent, less than half of Ethiopia's average real GDP (gross domestic product) growth rate during that period,"

Report By Worldbank

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