Ethiopian Investment Commission to Hold Diaspora Investment Forum and Exhibition
Ethiopian Investment Commission (EIC) announced its Diaspora Investment Forum and Exhibition will be launched tomorrow, January 11, 2022. The forum, expected to have 500 to 800 participants, is aimed at promoting "priority sectors" identified by the Ethiopian government.
Ethiopian Airlines announced it has has resumed domestic flight services to Lalibela town, house to the UNESCO inscribed world heritage site known for its rock-hewn churches.
Ethiopia's Minister of Mines, Takele Uma, said a long trade chain in the sale of cement is one of the root causes that inflates cement prices. Consequently, he remarked, cement manufacturers have yet to distribute over 2.6 million tons of cement for which they have already received payment.
Ethiopia has obtained over $333.93 million from exports in agriculture, manufacturing, mining and other sectors during the one month period from November 10 to December 9, 2021, it has been learned, achieving 99.95 percent of the target set for the period.
Ethiopian Coffee and Tea Authority announced $525.6 million has been obtained in five months from the export of coffee, tea and spices. The amount exceeds the target set for the period by 43 percent.
