November Export Revenues Hit $312m

Dec 4 , 2021

The country generated 311.5 million dollars from exports last month, according to the Ministry of Trade & Regional Integration. The figure is less than 87pc of the Ministry's target for the period. Agricultural products, including coffee, khat, and horticulture, account for the bulk of the revenues at 206 million dollars. The industrial sector brought in 39.6 million dollars while mining, mostly gold, generated revenues of 58.5 million dollars. The remaining 7.5 million dollars was collected from the export of electricity and other products. The Ministry targets revenues of 1.4 billion dollars between October and January.



A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destruction and theft, subjecting the public treasury to hundreds of millions in losses. Nearly half of the country's population does not have access to electricity. A series of projects by the World Bank has contributed to the slight but essential upgrade to the nation's grid, including a 500 million do...



A trio of donkeys drag along the main road in front of Menlik School around the Arat Kilo area. While the four-legged domestic animal is a venerated member of the Ethiopian labour force, its skin and meat are increasingly valued in the international markets. Rhong Chang, a donkey slaughterhouse operating in Assela Town, Oromia Regional State reopened its services after a seven-year break two years ago. Public outroar has often accompanied the entrance of donkey abattoirs into Ethiopia since anot...



A bustling market emerges under a bridge in the boroughs of the Bole Michael area. Addis Abeba City Administration has launched a series of aesthetic initiatives embalmed in themes of beautification and urbanisation that have removed thousands of shops built with makeshift tents. Above a quarter of Addis Abeba's labour force is engaged in the informal economy, which while often associated with connotations of illegality, remains a sizeable employer in emerging economies across the world. Calibra...