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Title of Newbusinessethiopia: "New Business Ethiopia – By BEHAK Multimedia – Business & Investment Stories Since 2009 "

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Ethiopian Electric Utility this week inaugurated electric vehicles (EV) fast-charging station in Addis Ababa that can charge 24 vehicles at the same time. According to the Utility’s Chief Executive Officer, Engineer Getu Geremew, large charging stations are being built to expand options for users. He pointed out that more than 140,000 electric vehicles have entered […]

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The State Minister for the Crop and Horticulture Development Sector at the Ministry of Agriculture of Ethiopia, Desalegn Teshale, said rice production of the country has increased from 1.8 million quintals in 2019/20 to 62.9 million quintals in 2024/25. He made the remark at a discussions the Ministry held on the implementation of the rice […]

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The Welkait Tegede Setit Humera Zone is one of the areas in the Amhara Region of Ethiopia known as the “Land of White Gold” due to its extensive cotton production. The zone is widely recognized for large-scale cotton cultivation. The ongoing cotton development activities are making a significant contribution to the profitability of investors engaged […]

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Ethiopia’s Amhara Region Revenue Bureau, which planned to collect a total of 100.3 billion birr from regular revenue and urban service during the 2018 fiscal year (started July8, 2025), has secured 69.1 billion Birr. As of June 11, 2026, the Bureau has achieved 81.4 percent, from regular revenue and 9.2 billion Birr, or 59.6 percent, […]

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In the West Gondar Zone, more than 230,000 hectares of the region’s 760,000 hectares of forest land are covered by frankincense and gum-producing trees. This natural resource serves as a source of livelihood for thousands of local residents. However, security challenges in the area have become a major obstacle for many frankincense and gum resin […]

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