Ethiopia has obtained $238 million from the export of manufacturing products during the first half of the current fiscal year, the Ministry of Industry reported. The amount has shown an increase of $51 million, 27 percent, compared to the same period of the previous year.
Ethiopia has secured over $1.89 billion from exports during the first half of the Ethiopian fiscal year that started July 8, 2021. The amount has shown an increase of $322.5 million, 20.5 percent, compared to the same period last year.
Ethiopian Airlines announced that it is flying 22 times a day to Gondar from Addis Ababa for the Ethiopian Epiphany (Timket) festivities.
Hibir Tower, Hibret Bank's headquarters, a 37-storey building built at a cost of 2.8 billion birr, located in the financial district of Addis Ababa, Ethiopia, has been inaugurated.
Ethiopia's Ministry of Mines and Petroleum announced $283 million has been secured from mines exports during the past six months. The Ministry made the announecment after a review meeting of its six-month performance.
The Ethiopia-Djibouti Railway (EDR) said it has secured $86.13 million in revenues in the year 2021, showing an increase of 37.5 percent compared to the previous year.
Ethiopia's Ministry of Mines and Petroleum announced it has inked investment agreements with eight coal mining companies. The companies have a total registered capital of six billion birr for the projects.
Ethiopian Cargo and Logistics Services, Africa’s largest network operator, announced it has launched a new feature that enables customers to make online reservations for their cargo. The platform enables customers check flight schedules, space availability, loadability of freight and make real-time booking of their shipment in single and convenient way on cargobooking.ethiopianairlines.com, according to Ethiopian.
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The National Bank of Ethiopia (NBE) announced it has lifted the limit it put on number of bank transfers allowed per week. NBE had restricted number of bank transfers allowed per week to just five per week for a year, since January 2021.
The Ethiopian Ministry of Trade and Regional Integration announced fuel retail prices of fuel will remain unchanged for the thirty day period starting January 9, 2022.
