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Ministry Reports Exports Revenue in Current Fiscal Year


Ministry Reports Exports Revenue in Current Fiscal Year

The Ministry of Trade and Regional Integration (MoTRI) has reported that it has earned 5.91 billion dollars from exports over the past seven months, marking a 17pc increase compared with the same period last year and reflecting stronger performance in the current fiscal year. The mining sector contributed the largest share of export revenue, generating 3.14 billion dollars in mineral exports and emerging as the top driver of foreign earnings. Agricultural products also remained a key source of foreign currency, with sesame alone generating about 2.2 billion dollars during the same period. The remaining revenue came from industrial goods, electricity exports, and other sectors, rounding out the country’s export performance.

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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...


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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...


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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...