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Acazis

Organization name
Acazis AG
Country name
Germany
Country of registration
Germany
Industry
Food and Beverage Production
Public debt
-

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Profile

Acazis AG operates one of the biggest oil processing mills in Ethiopia, in the Horn of Africa, where it produces edible peanut oil and animal cake. (Agro Industry Division). Acazis AG also cultivates castor as part of its farming activities and peanuts. (Farming Division). The company’s Ethiopian-based subsidiary Acazis Agro-Industry manages approximately 56,000 hectares of land, which have been leased from the Ethiopian Government. The firm offers investors a stake in the global agriculture growth trend as well as the possibility to participate in Ethiopia’s economic growth. In parallel, the company contributes to the increasing prosperity of this emerging African state. The scarcity of edible oils is being reduced as a result of Acazis AG’s activities and the company is also a significant employer of local people in the Harar Province.

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