Ethiopia's Livestock Development Institute (LDI) is witnessing a positive trend in livestock exports, generating approximately USD 74 million in revenue over the past 10 months. This figure, though 65% of the initial target, reflects progress towards the institute's goal of USD 140 million by year's end.
Livestock Development Institute of Ethiopia saved Birr 1.5 billion in import costs over the past 11 months by producing artificial insemination (AI) locally.
Ethiopia has earned USD 229 million from the export of manufactured goods in the last ten months of the current Ethiopian Fiscal Year, exceeding the amount earned the same period last year by more than 4.2 percent, according to the Ministry of Industry.
Public Relations Directorate Director Melaku Taye told Walta Information Center that the revenue was earned through the exports of textiles and clothes, leather and leather products, agro-processing, Pharmaceuticals and chemical products to different countries.
Prime Minister Abiy Ahmed, along with Addis Ababa city Deputy Mayor Adanech Abiebie and other senior government officials, has inaugurated the grand Meskel Square-Addis Ababa City Hall project. Part of the Beautifying Sheger initiative, the project is built at a cost of 2.6 billion birr.
Messebo Cement in Ethiopia's Tigray region has resumed production after it had suspended operations for four months due to fighting in the area following the government's law enforcing operations. Melaku Alebel, Ethiopia's Minister of Trade, said Messebo Cement Plant has started supplying products in a bid to stabilize the cement market.
