City to Welcome International Poultry Marketers

Oct 22 , 2022


[ssba-buttons]

Over 70 domestic and international vendors from Kenya, the United States, and European countries will congregate in the capital to showcase their poultry products. Planned for three days at the end of January next year, the exhibition will be held in the Skylight Hotel on Africa Avenue (Bole Road). Representatives of the Ethio-Poultry Expo (Ethiopex) and African Livestock Exhibition & Congress (ALEC) made the announcement last week. Organizers expect over 4,000 participants to attend the event, projecting a 50pc increase from the previous year both in the number of participants and attendees. The exhibition provides a platform to link businesses with international marketers, citing countries' interest in participating. The experience sharing on nutrition through an integrated poultry value chain engages participants, organizers say. Managers of Prana Events attributed the rise in interest to the rapid growth in population and urbanization as well as growing consumers' purchasing power and demand for livestock products. The 11th edition of the poultry exhibition is solely sponsored by Dashen Bank, with the SNV-Netherlands Development Organization, Pan-African Chamber of Commerce, and the Ethiopian Society of Animal Producer Processors Association participating as institutional partners.


Radar

New Directive Hikes Service Fees for Foreign Investors in Free Trade Zones

The Ethiopian Investment Board has issued a new directive revising the service fees from foreign investors payable in dollars to the Ethiopian Investment Commission (EIC), introducing updated rates for both the One Stop Shop and designated Free Trade Zones. The revised directive came into effect this April following its publication on the websites of the Ministry of Justice and the EIC. Issued pursuant to Article 23 of the Special Economic Zone Proclamation, the directive outlines charges for...


Radar

City Tables 350B Br Budget Plan for Upcoming Fiscal Year

The City Administration has approved a resolution to submit a proposed budget of 350 billion Br for the 2025/26 fiscal year to the City Council for deliberation. According to the Administration's statement on its official social media page, the draft budget is designed with a central focus on poverty reduction, encompassing targeted subsidies for sustainable development, investment in large-scale job-creating projects, and enhanced service delivery to address the growing demands of the reside...


Radar

Ethiopia, UN Launch Joint Plan to Drive Development Through 2030

The Ethiopian government and the United Nations (UN) have signed a five-year development plan outlining national priorities from 2025 to 2030. Signed on June 20 at the Ministry of Finance, the United Nations Sustainable Development Cooperation Framework (UNSDCF) with implications that it aligns with Ethiopia's reform goals and the Sustainable Development Agenda. The plan is backed by a projected 6.5 billion dollars, though only 1.5 billion dollars is currently secured. It focuses on closing t...