The Ethiopian Ministry of Industry announced its earning target from export of industrial products during the current Ethiopian Fiscal Year.
The Ministry unveiled its target of earning US$1.3 billion from the sector at a press briefing on the performance of the last Ethiopian Fiscal Year and action plan for the current fiscal year.
A new group composed of five federations; the federations of Hotel, Small and Medium Enterprises, Water and Sewerage service providers and the Amhara and Addis Ababa Employers’ Federations, is certified as the New Ethiopian Employers’ Federation by the Ministry of Labour and Social Affairs.
More than 200 investment projects worth 20.7 billion Birr have gone operational, according to the Ethiopian Investment Commission.
The Addis Ababa Light Rail Transit (AA-LRT) has thus far instated more than 205 km of underground cable for the light rail transit, Fana Broadcasting Corporate (FBC) reported.
Ethiopia’s Ministry of Trade made price adjustments on the retail price for petroleum products. The Ministry made the adjustment following the fall in the global oil prices.
