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Expo Looks to Enhance Underdeveloped Agri Subsectors


Expo Looks to Enhance Underdeveloped Agri Subsectors

A three-day agricultural exhibition assembling stakeholders from the poultry, aquaculture, apiculture, and livestock is set to kick off at Millenium Hall on Airport Road. Organised by Prana Events, the exhibition aims to promote commercial production, increase productivity and enhance the use of technology across the agricultural subsectors by bringing international and local traders together. Over 1,000 exhibitors from 14 countries are expected to attend the event. Nebiyu Lemma, managing director of Prana Events, stated that the event will help foster market cooperation, introduce technologies and enhance investment opportunities. According to the World Food Programme (WFP), animal products account for 20pc of total agricultural output, with demands for livestock products rapidly increasing in Africa driven by population growth and urbanisation. A recent FAO report states that population growth, urbanisation and gains in real per capita income have resulted in an increased demand for livestock products. Livestock contributes 19pc of the country's GDP, and also plays a significant role in foreign exchange earnings, accounting for 19pc. Additionally, the sector employs over 30pc of the agricultural labour force.

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Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


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EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

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Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...