FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



Fertiliser Procurement on a Sure Footing as Ministry Secures Term Contracts


Fertiliser Procurement on a Sure Footing as Ministry Secures Term Contracts

In a bid to address the fertiliser supply crunch for the upcoming season, the Ministry of Agriculture is poised for a series of overhauls in the form of long-term procurement modalities and digital distribution controls. Minister Girma Amentie (PhD) indicated that replacing annual bids for fertiliser with advance procurements for up to three years term contracts in partnership with the Ministry of Finance is pending for next year. "We have learned a lot from other institutions' endeavours towards digitisation," said Girma foreshadowing the change. Girma stated the proposed reforms at a press briefing held at the Ministry's headquarters near Gurd Shola, last week. The Minister said that only five per cent of the fertiliser will be put in the warehouses of the Agriculture Business Corporation while the rest is directly delivered from the ports to the regional states depending on their agroecology. Meanwhile, legal actions are underway against parallel markets disrupting the distribution, he said. According to Girma, out of the 20 million quintals of fertiliser allocated for this year's harvest season 13.6 million quintals have been procured with one billion dollars. He said that while 11.9 million quintals have arrived at Djibouti ports, 89.7pc were transported to the country. During the Meher season, out of the 17.4 million hectares of arable land, 10 million hectares have been covered with seeds so far, according to the Minister.

[ssba-buttons]

Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...