Ethiopia: Oromia Sovereign Fund and MIDROC Investment Group Sign Development Agreement

The Oromia Sovereign Fund has signed a development agreement with MIDROC Investment Group to collaborate on projects in agriculture, mining, and related sectors.

The Oromia Sovereign Fund has signed a development agreement with MIDROC Investment Group to collaborate on projects in agriculture, mining, and related sectors.
For the 2014/2015 fiscal year the Oromia State Council passed the budget to be over 31.6 Billion Birr.
Oromia State Revenues and Customs Authority that the Authority has collected six Billion Birr in the past nine months of the fiscal year from various income titles, Ethiopian News Agency reported.
The Oromia Regional State has collected more than 484.5 Million Birr from tourism in the past nine months of the current fiscal year, Walta Information Center reported.
Oromia Revenues and Customs Authority disclosed it has already met the target it has set for the five years Growth and Transformation Plan (GTP I) period.