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    $41Million Increased in Five Months from Ethiopia Agriculture Authority from export Marketing of Meat

    Posted On 23 Dec 2022
    By : New Africa Business News, Staff Correspondent
    Comments: 18

    By Abdul Rahman Bangura-

    fairfactoryfund.org

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The Ethiopian Agriculture Authority asserted that the country is helping to send abroad twenty right tons of meat to the worldwide market during the current Ethiopian fiscal year that commenced on July 7th, 2022.

    Ayalew Shumete who’s the Export Abattoir and Certification Director notified ENA that, Ethiopia retains a produced tune of $41.8 million by exporting 5,900 tons of meat to the international market during the first five months of the current Ethiopian fiscal year.

    Dubai, Saudi Arabia, and Kuwait are the leading market destinations for Ethiopia’s meat products, it was understood. Shumete noted Ethiopia is working to export 28 tons of meat to the international market and ensure more than $150 million during the current fiscal year.

    He spoke of the efforts being accomplished by way to bolster the excellence of meat products and broaden market objectives. He further, undertakings are being put forth to bring meat markets in China, Indonesia, and European nations.

    Ethiopia presently ships 200,000 tons of meat yearly to the global market; he said expanding that, various activities are in the pipeline, to fulfill the purpose.

    Ethiopia is adorned with considerable livestock reserves and carries the biggest livestock population in Africa, totaled at around 70.2 million cattle, 42.9 million sheep, 52 million goats, and 8 million camels.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
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    18 Comments

    1. Mila December 23, 2022 at 6:03 am Reply

      Way to go Ethiopia. Let’s us continue feeding ourselves and export the rest. Thank you for the reports. Mila in Dodoma, Tanzania

      • New Africa Business News, Staff Correspondent December 23, 2022 at 6:27 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Jaali December 23, 2022 at 6:05 am Reply

      Thank you for the report Bangura. Africa has great opportunity to feed the whole world. We can do it. Conakry in Guinea. Jaali

      • New Africa Business News, Staff Correspondent December 23, 2022 at 6:27 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Yaro December 23, 2022 at 6:10 am Reply

      Great farming just started thank to the youths, in Afrika. Our people are waking up. Thank God. Yaro in Kampala UGANDA

      • New Africa Business News, Staff Correspondent December 23, 2022 at 6:27 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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      I did voted for new Africa business news, person of the year and of course the president of the year. Thank you. Nen in Lusaka in Zambia

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      We also voted. Thank you very much for the accurate news. Johannesburg in South Africa. Elimu

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      I told my friends and family members time to invest in Africa. Africa is happening. Let’s go. Anga in Berlin, Germany

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    9. Hamza December 23, 2022 at 6:33 am Reply

      The central government of our great Country of Ethiopia has being doing great job for our Country and our great Continent. EXCELLENT. Thank you for the news. Fan of this newspaper. Hamza in Addis Ababa, Ethiopia

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

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    • Nigeria Launches National Domestic Payments Card Program
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