2merkato

Year on year inflation of Ethiopia has rose to 9.4 percent in July. The inflation rate was 8.8 percent back in June.

The Central statistics agency stated that Ethiopia’s year-on-year inflation fell to 12% in September from 13.4% in August.

The agency said during September, there was a slight decline in the prices of sugar, honey, and chocolate while the prices of bread and cereals, meat, milk, cheese and eggs, butter, vegetables and spices increased as compared to last month.

Source: Fana BC

YeGojo Ekub disclosed it has temporarily stopped registering members for it needed a guarantee to collect the monthly membership fees.

Ethiopian Prime Minister Abiy Ahmed, along with his predecessor Hailemariam Dessalegn and other government officials, inaugurated the Yirgalem Integrated Agro-Industrial Park in Ethiopia's Sidama region. "Sitting on 294.5 hectares, the industry park’s potential value chain includes fruits and vegetables, dairy, meat, poultry, coffee, cereal and pulses, using produce from local farmers as input," PM Abiy said in a tweet.

The Yirgalem Integrated Agro Industrial Park has generated more than USD 2.2 million in revenue over the past 11 months from exporting crude avocado oil to international markets, according to the Sidama Regional Industrial Parks Development Corporation.