Ethiopia Collects USD 550 Million from Horticulture Exports
Ethiopia earned USD 550 million between July and March of the current fiscal year from the export of horticultural products.
Ethiopia Collects USD 7.6 Million from Leather and Leather Products
In the first quarter of the current fiscal year, the Leather and Leather Products Industry Research and Development Center (LLPIRDC) generated a revenue of USD 7.6 million, with a target of earning USD 45.7 million from exports in the entire fiscal year.
Ethiopia Commence Mobile Banking Service
Banks and microfinance firms in Ethiopia are rendering mobile money services which they say is enabling them reach a huge population that has very little access to banking service.
Ethiopia Commits to Reform Mining Industry
Ethiopia will finalize reforms for its mining and oil industries within the next two months, mines and petroleum minister announces. The reforms are intended to encourage more foreign investment in the areas, the minister added.
Ethiopia Committed to Drive Economy Forward in Face of Pandemic, PM Says
Ethiopian Prime Minister Abiy Ahmed said his government is "committed" to bringing ongoing projects to completion despite the coronavirus pandemic. In a tweet, PM Abiy highlighted raising the productivity of various sectors, increasing foreign currency reserves, as well as maintaining ongoing efforts for debt cancellation and restructuring.
