The Ministry of Finance (MoF) has suspended the implementation of a Ministry of Revenue (MoR) decision that would have required domestic fruit drink manufacturers to pay several years of backdated excise taxes, penalties, and interest.
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Ethiopian Investment Holdings (EIH) and Dangote Group have entered into a shareholders’ agreement to develop a large-scale urea fertilizer production complex in Gode, Ethiopia.
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The Leather Industry Research and Development Center (LIRDC) has announced plans to establish a Leather Industry Park in Mojo, Oromia Region, following the completion of a government-approved feasibility study.
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Arerti Industrial Park reported supplying ceramic products worth over Birr 2.9 billion to the domestic market during the 2024/25 fiscal year, significantly reducing reliance on imports.
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The Addis Ababa Environmental Protection Authority announced that it was providing support to plastic manufacturers as they transition to producing alternative products in place of banned single-use plastic bags.
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The Ministry of Industry has announced a plan to earn USD 450 million from the export of manufacturing goods in the 2025/26 Ethiopian fiscal year, while simultaneously saving USD 5.689 billion in foreign exchange by substituting imports with locally produced proxy products.
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