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Americana, the leading quick-service restaurant chain in the Middle East and North Africa (MENA) region, has announced plans to construct a new poultry feed plant in Addis Ababa, Ethiopia. This strategic move aims to support the company's expanding operations in the area.

During the current Ethiopian fiscal year, the Development Bank of Ethiopia (DBE) has committed to offering loans exceeding Birr 20.4 billion Birr to small and medium-sized enterprises (SMEs). DBE has been actively involved in supporting SMEs by providing both financial assistance and training, recognizing the sector's potential to contribute to the national economy.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 September 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 September 2023.

Yo Holding, an Ethiopian company, announced that it had established the first coal washing plant in the country, eliminating the need for costly imports.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 21 September 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 September 2023.

The Addis Ababa Chamber of Commerce and Sectoral Associations recently announced the schedule for three international trade fairs that will take place in Addis Ababa in the current Ethiopian year.

In August 2023, Ethiopia's coffee industry achieved a significant milestone as it garnered USD 140 million in revenue from exporting 27,000 tons of coffee. This marks an impressive 18% increase in coffee volume compared to the same period last year.

The Ethiopian Enterprise Development (EED) is actively engaged in fostering the establishment of new ventures to cultivate enterprises that contribute to foreign currency generation. During a recent stakeholder discussion, EED Director General Alebachew Nigussie (PhD) emphasized the organization's collaborative endeavors with partners to enhance the productivity of existing enterprises, with a particular focus on the manufacturing sector.