Ethiopia generated USD 521.98 million from the export of 115,851.77 tons of coffee, tea, and spices in the first quarter of the current fiscal year. This achievement exceeded Ethiopian Coffee and Tea Authority's initial target of USD 427.10 million from 83,294.25 tons.
The Ministry of Agriculture has announced that Ethiopia produced 215,000 tons of honey in the first nine months of the current fiscal year, surpassing its initial target of 210,000 tons.
PRESS RELEASE
WASHINGTON, October 29, 2015 – A new World Bank Group report finds that, compared to other economies in Sub-Saharan Africa, Ethiopia offers an enabling regulatory environment in several areas of doing business.
The Ethiopian government announced that it has decided to lift taxes levied on basic food items in a bid to control the high rate of inflation and help lift the purchasing power of the society.
Ethiopia is successfully enhancing alternative energy technology announced the Ministry of Water and Energy. State energy bureaus are collaborating with the ministry to introduce the use of fuel saving stoves among the public in rural areas said Bizuneh Tolcha, Director of Public Relations and Communications with the ministry.
The ministry has been able to distribute more than 3 million stoves in the last two years out of a total of 9 million planned to be distributed in the 5 year development (Growth and Transformation Program) plan he said.
The fuel efficient stoves save time and labor as well as eliminating health combinations which is why much attention has been paid to the distribution of stoves noted Bizuneh.
