Posted in Business Market

FAO Chief Economist Commends Ethiopia’s Favorable Agro-processing Investment

Addis Ababa: Convenient conditions have been created for the agro-processing investment sector in industrial parks” Chief Economist of the United Nations Food and Agriculture Organization (FAO) Maximo Torrero underscored.

The Chief Economist made the…

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Posted in Business Market

Gov’t Offering Extensive Fiscal, Non-fiscal Incentives for Renewable Energy

Addis Ababa: Ethiopia has been offering extensive fiscal and non-fiscal incentives for investments in renewable energy as it has identified the energy sector among the key priorities for investment, Ethiopian Investment Commissioner Hanna Arayaselassi…

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Posted in Business Market

Nation Reaps Record 512 Billion Birr Revenue in FY 2023/2024

Addis Ababa: Ethiopia’s Ministry of Revenue reports a significant achievement, collecting over 512 billion birr in taxes during the 2023/2024 fiscal year.

Minister of Revenue, Aynalem Niguse, attributed the success to factors including increased reve…

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