Latest Business Alerts

dVentus Technologies Received Funding from Ethiopian Angel Investment Network

dVentus Technologies, an Ethiopian clean energy company received a US$3 million from members of the Ethiopia Angel Network.

Ethiopian Angel Investment Network, part of RENEW, is an investment firm dealing mostly with potential business in developing countries announced signing of Memorandum of Understanding with dVentus last week.

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Ethiopian Commodity Exchange to Add Mung Beans to its Trading Floor

The Ethiopian Commodity Exchange is to introduce mung beans to its trading floor. The Ethiopian Commodity Exchange Authority, the supervisory body of the ECX has approved the plan on Friday 26 July, 2013. The primary reason for the inclusion of mung beans is the rise in the export of legumes in last three years, Fortune reported.

"There is a remarkable surplus which can be traded through the ECX and bring benefit to farmers", Addis Alem Balema, Director General of the Authority told Fortune.

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Ethiopia Earned US$123.44M from Export of Leather Products

Ethiopia has earned US$123.44 million from export of leather products in the concluded Ethiopian Fiscal Year, according to the Ethiopian Leather Industry Development Institute.

Wondu Legesse, Director General of the institute, told Walta Information Center today that the export earnings came from finished leather products such as, footwear, gloves and other products. Add a comment Add a comment

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Tigray Regional State of Ethiopia Collected 2.1B Ethiopian Birr Revenue

Revenues Development Authority of the Tigray Regional State of Ethiopia  has reportedly collected 2.1 billion Ethiopian birr revenue in the concluded Ethiopian Fiscal Year.

Legesse Seifu, the Authority's Legal Core Process Head,  told Walta Information Center today that, the revenue was collected from direct and indirect taxes as well as non-income titles. Add a comment Add a comment

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