In the initial quarter of the current Ethiopian fiscal year, the Ministry of Agriculture reported that over USD 169.5 million was generated from the export of flowers, vegetables, and fruits. This performance surpassed 63.1 percent of the set plan, according to Mekonnen Solomon, the Horticulture Export Coordinator at the Ministry of Agriculture.
Ethiopia has earned over USD 356 million from the export of 70,480 tons coffee, tea, and spice in the first quarter of the current fiscal year, according to the Ethiopian Coffee and Tea Authority (ECTA).
Bishoftu Automotive Manufacturing Industry (BAMI) has launched a pilot project to produce safari cars, aiming to meet the growing demand for locally-made touring vehicles in the expanding tourism sector.
Preparations are in full swing for the INVEST ETHIOPIA 2025 High-Level Business Forum, set to take place on May 12-13, 2025, at the Ethiopian Skylight Hotel in Addis Ababa. The event, jointly organized by government institutions, the private sector, and development partners, is expected to draw over 1,000 global participants, according to the Ethiopian Ministry of Finance.
Ethiopia's ambitions to become a major electricity exporter in Africa are gaining momentum. The Ethiopian Electric Power (EEP) announced plans to expand its reach, with Tanzania becoming the next recipient and South Africa targeted within the next five years.
