Laqe Ayalew, Minister of Revenue, said Thursday that the Ministry has collected 53 billion Birr in last month, which is 95.26 percent of the plan.
The Ministry has initially planned to collect 56 billion Birr. Compared to the same period last year, the plan showed an increase of 9 billion Birr or 21.82 percent, Laqe said.
Spread the NewsTulu Moye Geothermal Operations (TMGO) has signed a contract with consortium of Mitsubishi Corporation and SEPCOIII Electric Power Co. Ltd. to develop energy from geothermal energy in Assela, Eteya, Oromiya on Wednesday. The agreement has a cost of over $100 million. TMGO is one of the first Power Purchasing Agreements (PPA) in Ethiopia….
Spread the NewsSudan said that it has allowed Ethiopia to import gas through the border Galabat town. The decision was made by Sudan’s army chief Abdel Fattah al-Burhan (Gen.). Following the decision, oil carrying-trucks can enter into Ethiopia. Nile Petroleum, which is owned by Sudan’s government, has been given a green light to transport gas…
Spread the NewsThe fifth edition of the East Africa Finance Summit is to be held on Wednesday, May 11, 2022 at the United Nations Economic Commission for Africa (UNECA) Conference Center in Addis Abeba. This year’s summit is organized with the theme of “Reshaping the Future of Finance Sector in the Age of Disruption”, according…
Spread the NewsMinistry of Trade and Regional Integration announced Wednesday that Ethiopia has earned $1.28 billion from the export of different commodities in four months. The Ministry initially planned to secure $1.31 billion. Agriculture and manufacturing products and service sector activities generated an income of $904, $157 and $188 million, respectively, according to Gebremeskel Challa,…
Spread the NewsPeople-centered economic recovery and resilience will be at the center of the second African Union and European Union Foreign Affairs Ministerial Meeting slated for 26 October in Kigali. WaterAid believes strengthening access to Water, Sanitation and Hygiene (WASH) is critical for sustainable and inclusive economic recovery and to build communities’ resilience in the…
