2merkato

Ethiopia has reached an Agreement in Principle (AIP) with its Official Creditor Committee (OCC) on the key financial parameters of a debt treatment plan under the G20 Common Framework, covering approximately USD 8.4 billion in outstanding public debt.

Ethiopia has unveiled an initiative to strengthen its coffee industry, a sector vital to the nation’s economy and identity. The project, titled “Support Ethiopian Agribusiness Development Operating in the Coffee Value Chain, through De-Risking Investments and Institutional Support to the Ethiopian Coffee and Tea Authority,” was launched at the Skylight Hotel in Addis Ababa.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 March 2025.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 March 2025.

The Ethiopian Maritime Authority (EMA) has officially granted licenses to five new multimodal transport operators (MTOs), marking a major shift in the country’s logistics sector. This move comes one year after the government ended Ethiopian Shipping and Logistics’ (ESL) 15-year monopoly, allowing new players into the market.

Preparations are in full swing for the INVEST ETHIOPIA 2025 High-Level Business Forum, set to take place on May 12-13, 2025, at the Ethiopian Skylight Hotel in Addis Ababa. The event, jointly organized by government institutions, the private sector, and development partners, is expected to draw over 1,000 global participants, according to the Ethiopian Ministry of Finance.

Ethiopia’s dairy sector has experienced growth through the “Bounty of the Basket” (Yelemat Tirufat) initiative, nearly doubling milk production to 12 billion liters in three years, the Ministry of Agriculture reported. The number of crossbred cattle has also increased eightfold.

African Farming Industries has announced a USD 2 million investment in the Bole-Limi Industrial Park Special Economic Zone to cultivate and export strawberries and saffron.

The Ethio-Djibouti Railway Standard Gauge Share Company (EDR) has officially entered Ethiopia’s competitive logistics sector after securing a Multimodal Transport Operation (MTO) license from the Ethiopian Maritime Authority (EMA).

The South West Ethiopia Peoples’ Regional State's Mining and Energy Development Agency has revoked the licenses of 32 gold mining producers in the region during the current fiscal year. The decision follows a monitoring and inspection process that identified poor performance among several licensed operators.