Africa’s top tomato paste maker heads for Ethiopia

Addis Ababa, November 7, 2016 (FBC) -Africa’s top tomato paste maker, Chief Eric Umeofia, has set machinery in motion to set up manufacturing plant in Ethiopia, the News Agency of Nigeria (NAN) reported.
Umeofia said his goal was also to have dominant tomato paste manufacturing presence in at least 20 African countries in the near future, including Kenya, Cameroon and Cote d’Ivoire.

He said that ease of doing business was his attraction in opening shops in the African countries, following his plans to move out of Nigeria because of “the harsh realities of doing business in the country”.

Umeofia had recently announced that he was relocating his key manufacturing plant to China, following what he described as policy inconsistencies now crippling his Nigeria operations.

Erisco Foods is listed as Africa’s top tomato paste manufacturer, and the company is the fourth largest of its type in the world, according to records.

Source: NAN