The Lay’s, Doritos and Cheetos snacking giant believes the East African country is an ‘important growth market’, putting money where its mouth is by investing ETB 2bn ($40m) in its Ethiopian subsidiary Senselet Food Processing, which produces the Sun...
The Frito-Lay and Walkers Crisps maker has acquired a majority shareholding of Senselet Food Processing, an Ethiopian potato crisps company founded by Veris Investments in 2015.