Ethiopia Secured U.S $ 100 Million Loan
Ethiopian government secured a U.S $ 100 Million promised loan from the Korean Export Import (EXIM) Bank. The loan is extended for financing part of the Modjo-Hawassa highway project.
Ethiopia Secured U.S $ 245 Million from Horticulture Export
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 Secured US$ 1.3 Billion Loan for the Aysha Wind Farm Project
Ethiopia has secured a US$ 1.3 Billion loan for the Aysha Wind Farm project, according to the Ethiopian News Agency.
Ethiopia Secured USD 17.7 Million from Valentine’s Day Flower Export
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.
Ethiopia Secures $1BN FDI in 4 Months
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.
