Ethiopia expects it coffee to hit a record high during the current fiscal year when it comes to the export of the commodity. This is said to be attributable to the drought and diseases hitted crops in Latin America.
The mining sector in Ethiopia is expected to generate more than USD 500 million in revenue during the current fiscal year, according to the Ministry of mines. The utilization of the nation's enormous mineral resources has not yet reached its full potential.
Ethiopia's parliament, the House of People's Representatives, announced its expectation that Ethiopia's accession to the World Trade Organization (WTO) will be completed in two years.
Ethiopia's annual expenditure of Birr 1.3 billion on production machinery, primarily imported, has sparked discussions on leveraging capital equipment lease finance to bolster the country's manufacturing sector.
Ethiopia exported more than 11 million pieces of flower in connection with Valentine’s Day, a day celebrated on February 14 every year, Walta Information Center reported.
