New Business Ethiopia

Ethiopia has earned a total of $1.1 billion from export of commodities during the first four months of the current budget year started July 8, 2020.

The country level 12 months moving average food inflation rate in Ethiopia for the month of April 2020 has increased to 23.1 percent from 22.2 percent from the previous month, said Central Statistics Agency (CSA) of Ethiopia said in its monthly inflation update.

Food inflation rate in Ethiopia has increased to 22.2 percent for the month of March 2020 from 20.9 percent the previous month, the state agency said.

The Ministry of Trade and Industry of Ethiopia said during the first five months of the budget year started July 8, 2019, the country has earned a total of $1.12 billion from export of different agricultural commodities, manufactured goods and minerals.

Corteva Agriscience, Agriculture Division of DowDuPont, signed a partnership with the Alliance for a Green Revolution in Africa (AGRA) to enable Ethiopia’s cereals, fruit and vegetable farmers get better solutions that boost productivity.