News on Chips and Snacks from Ethiopia
PepsiCo invests USD 40 million in its Senselet Snack Business in Ethiopia
November 04, 2022
PepsiCo is finalising an investment proposal of approximately USD 40 million (ETB 2 billion) to expand its Senselet snacks business in Ethiopia, and is considering the possibility of further investments in the country.
Pepsico becomes major shareholder in Ethiopian Potato Chips company Senselet
January 12, 2020
PepsiCo joins Veris as a major shareholder in Senselet Food Processing Plc in Ethiopia. Senselet, founded in 2015, today has a leading market position in Ethiopia with its SUN Chips brand that is being produced from locally sourced potatoes.