Ethiopia: Mineral, Petroleum & Biofuel Corporation Went Operational
One of Ethiopia’s public enterprises, Ethiopian Mineral, Petroleum and Biofuel Corporation (EMPBC), has gone operational after being established with a capital of 15 billion Birr.
Ethiopia: Minerals Export Revenue reached US$ 172.6M in the past 6 months
Ethiopia has earned US$ 172 .6 million in revenue from the export of minerals in the first half of this budget year, according to the Ministry of Mines (MoM).
Ethiopia: Miners to Contribute for Development of Mining Area
Ethiopia has prepared a draft regulation which is said to compel mining companies to make financial contributions for the development of the areas they are carrying out mining. The draft document is prepared by the Ministry of Mines, Petroleum and Natural Gas.
Ethiopia: Ministry Adjusts Fuel Prices
The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective July 10, 2024. According to the Ministry, this decision comes in response to rising global oil prices.
Ethiopia: Ministry Announces New Export Strategy
The Ministry of Trade and Regional Integration (MoTRI) has unveiled a new strategic plan to bolster the acceptance of Ethiopian products in the export market.
