PepsiCo invests $40 million cash injection in Ethiopia

PepsiCo to finalise 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 to expand the company’s portfolio beyond snacks.   Senselet is a wholly owned PepsiCo subsidiarythat produces chips under the brand name SUN Chips. …