2merkato

United Nations Conference on Trade and Development’s (UNCTAD) latest World Investment Report ranked Ethiopia among the top foreign direct investment (FDI) destinations in Africa in 2021.

A feasibility study, carried out on behalf of Yara International confirms significant potential to extract potash in the Danakil depression in northeastern Ethiopia.

An initiative to recognize and encourage female farmers and pastoralists in the bid for food security in Ethiopia is to recognize ten women under the theme of ‘Female Food Heroines.’

The organizer of the award Together for Food Security Initiative announced at the Jupiter Hotel by the organizer. The press conference held to announce the award had the aim of involving the media in raising proper awareness and recognition for female farmers and pastoralists contributing to the fight against poverty, hunger and unemployment explained the organizers at the time.

The award also intends to highlight the daunting challenges faced by women in the field of agriculture as symbolized by the achievements of the Food Heroines.

Ethiopian Shipping and Logistics Services Enterprise announced that it has built and made ready two warehouses at Modjo Dry Port to store fertilizers for the 2022 harvest year. The warehouses have been built at a cost of 98 million birr using K-span building technology.

The Bole International airport, Ethiopia Revenue and Customs Authority lost an estimated 30 million birr in revenue to fiber optics network failure that lasted for two days last week.

The optical fiber network failed for the second time in 50 days due to alleged damages to the lines around the Bole Michael area according to sources.

A similar problem that occurred at the beginning of the month of February had shut down the Customs office for three days resulting in an estimated loss of 40-50 million birr in revenue.