Bedisa Group, a Turkish giant established half a century ago, is negotiating to acquire 75 percent of a sugar project in Ethiopia at an outlay of a little over 1 billion USD. The sugar project is Beles Sugar Project, which is found in Amhara State.
Source: http://www.2merkato.com/news/alerts/4792-turkish-company-to-acquire-75-of-sugar-project-in-ethiopia