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Ethiopia's Rosemary Export Industry Expanding

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Category: Import and Export

Rosemary News

Ethiopia earned approximately USD 2.6 million from the export of rosemary during the 2022 harvest season. Out of the 49,550 quintals of rosemary produced that season, 49,365 were sent to the central market and 13,799 quintals were exported.

Last Updated on 26 June 2023
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Ethiopia's Sahle-Work Confers with African Development Bank's President

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Category: Latest Business Alerts

sahle-work-with-afdb-presidentEthiopia's President Sahle-Work Zewde has held talks with Akinwumi Adesina, President of African Development Bank Group (AfDB) during her working visit to Côte d’Ivoire. During their talks, the two have discussed the productive role AfDB plays in development projects in Ethiopia and in Africa as a whole.

Last Updated on 17 December 2021
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Ethiopia's Sheger Bread Starts Production at Full Capacity

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Category: Latest Business Alerts

sheger-breadSheger Bread Factory, Addis Ababa's paramount bread factory with a capacity of producing 1.5 million loaves of bread per day, or 80,000 loaves per hour, has started functioning at its full capacity today.

Last Updated on 16 March 2021
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Ethiopia's Sole Telecom Provider Collects $1.26 Bn This Fiscal Year

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Category: Latest Business Alerts

Ethio-Telecom-logoEthio Telecom, the sole telecom service provider in Ethiopia, announced it has garnered a revenue of 36.3 billion birr, amounting to $1.26 billion, in the recently concluded Ethiopian fiscal year. 

Last Updated on 24 July 2019
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Ethiopia's Southern Region Licenses Investment Projects Worth $279 Mn

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Category: Latest Business Alerts

southern-regionThe investment commission of Ethiopia's Southern Nations, Nationalities, and Peoples' Region announced it has issued licenses to investors who have a combined capital of over $279 million (9.8 billion birr) in the recently concluded Ethiopian fiscal year.

Last Updated on 07 August 2020
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