ADDIS ABABA — Souffle Malt Ethiopia, a French beer barley malt producer based in Bole Lemi Industrial Park, has successfully substituted over 5.6 billion birr worth of import products with locally produced goods during the recently concluded fiscal year. This achievement was highlighted during a discussion between Industrial Parks Development Corporation (IPDC) CEO, Fisseha Yitagesu, and Thomas Neveu, General Manager of Souffle Malt Ethiopia.

According to Ethiopian News Agency, the company has significantly contributed to Ethiopia's efforts to replace imported beer barley malt with domestic production. CEO Fisseha pledged full support to Souffle Malt Ethiopia as it seeks to expand its investment within the industrial park, including on an additional 2 hectares of land recently acquired by the company.

During their discussion, the two officials exchanged ideas on increasing production, boosting exports, and further expanding the company's investment. Fisseha emphasized the importance of starting exports to countries like Kenya, which have a high demand for beer barley malt.

Souffle Malt Ethiopia's investment in Bole Lemi Industrial Park has created job opportunities for more than 110 citizens and established market linkages with over 60,000 farmers in the Arsi and Bale zones of the Oromia region. The company’s efforts are seen as a key contribution to Ethiopia’s strategy to enhance import substitution and strengthen local production capabilities.