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Ethiopia: MoA Announces Major Expansion in Contract Farming for 2024/25 Harvest

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Published on 17 January 2025
Category: Latest Business Alerts

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The Ministry of Agriculture (MoA) revealed that over 2.1 million hectares of land have been cultivated under contract farming to produce approximately 38 million quintals of crops during the 2024/25 harvest season.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 16 January 2025

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Published on 17 January 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 January 2025.

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Ethiopia: Dashen Bank Introduces Super App for Banking

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Published on 16 January 2025
Category: Banking and Finance

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Dashen Bank has unveiled the first-ever "Super App" in Ethiopia’s banking sector which offers a wide range of services through a single platform.

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Ethiopia Generates USD 16.4 Million from Non-Gold, Non-Ornamental Mineral Exports

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Published on 16 January 2025
Category: Energy and Mining

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Ethiopia has earned USD 16.4 million from the export of non-gold and non-ornamental minerals over the past six months, achieving 73% of its USD 22.4 million target, according to the Ministry of Mines.

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Ethiopia: Wegagen Bank Launches Mobile Wallet Service in Collaboration with E-Birr

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Published on 16 January 2025
Category: Banking and Finance

Wegagen AppWegagen Bank, in partnership with E-Birr Mobile Financial Services, has introduced a new mobile wallet service designed to enhance financial accessibility and streamline banking.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 15 January 2025

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Published on 16 January 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 15 January 2025.

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Ethiopia to Install Nationwide Electric Vehicle Charging Network

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Published on 13 January 2025
Category: Energy and Mining

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The Ethiopian Petroleum and Energy Authority has announced plans to establish electric vehicle (EV) charging stations every 50 to 120 kilometers nationwide. This initiative aims to support the growing use of EVs and ensure long-distance travel convenience.

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Ethiopia Inaugurates Its First Stock Exchange

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Published on 10 January 2025
Category: Capital Market and Commodity Exchange

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Prime Minister Abiy Ahmed (PhD) officially launched the Ethiopian Securities Exchange (ESX) today, marking the establishment of the country’s first-ever stock exchange.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 09 January 2025

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Published on 10 January 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 January 2025.

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Ethiopian Parliament Approves Proclamation to Regulate Petroleum Trade

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Published on 09 January 2025
Category: Energy and Mining

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The House of People’s Representatives, in its 14th regular session, approved a new proclamation to regulate the petroleum trading system. The legislation was passed with a majority vote, two votes against, and one abstention.

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