Ethiopian wheat production is expected to rise to 4.6 million tons in 2019-20, up from 4.5 million tons in the previous year, according to an estimate put forward by Global Agricultural Information Network (GAIN), from the Foreign Agricultural Service of the U.S. Department of Agriculture (the USDA).
Ethiopia's effort to joining the World Trade Organization (WTO) is inching closer to reality, according to the Ministry of Trade and Regional Integration (MoTRI). State Minister Kassahun Gofe, during a briefing to the House of People’s Representatives (HPR), highlighted the potential benefits of WTO membership, including expanded global trade opportunities for Ethiopia.
Yirgalem Integrated Agro-Industrial Park has obtained over $4.4 million from exports since it went operational in March 2021, the Industrial Parks Development Corporation of Ethiopia's Sidama region announced.
Ethiopia's Zemen Bank announced floating of shares worth 100 million Ethiopian birr to increase its capital, Capital reported.
Ermias Eshetu, Vice President of Marketing and Corporate Services of Zemen Bank, told Capital that it is initially offering the purchase of the shares to its existing shareholders numbering around 3,000 and any remaining shares will be available to the public.
Ethiopia's Ministry of Finance has signed a grant agreement worth over $31 million with the African Development Bank (AfDB) aimed at supporting the efforts to end child stunting and malnutrition in Ethiopia.
