2merkato

Ethiopian Horticulture Development Agency disclosed Ethiopia secured U.S $ 245 Million during the past budget year from the export of flowers, vegetables and fruits.

Ethiopia has secured a US$ 1.3 Billion loan for the Aysha Wind Farm project, according to the Ethiopian News Agency.

Ethiopia has secured more than USD 17.7 million from Valentine’s Day celebration flower export.The country earned the revenue from the export of 210.8 million stems flower to the international market in this Valentine’s Day celebration.

The flower export during this year’s Valentine’s Day exceeded in quantity as well as in terms of revenue as of the same period last year.

Last year’s Valentine’s Day celebration, the country earned 17.4 million USD from the sale of 195.6 million flower stems. The amount secured has been increased by 300,000 USD this year.

Lelise Neme, Commissioner of Ethiopian Investment Commission (EIC) announced that Ethiopia has secured an FDI (foreign direct investment) of $1 billion during the first four months of the Ethiopian fiscal year that started on July 8, 2021.

Ethiopia has secured $2.8 billion from exports alone in the past ten months of the fiscal year that started in July 2020, the Ministry of Trade and Industry (MoTI). This has shown an increase of 16 percent compared to $2.42 billion of the same period last year.