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The Petroleum and Energy Authority has announced that fuel tankers engaged in illegal activities, such as hoarding fuel under the pretense of price revisions or intending to sell it on the black market, will be suspended from operation for three months.

The Ethiopian Diaspora Service has announced that over USD 2.5 billion in foreign exchange was received from the diaspora over the past five months. Ambassador Fitsum Arega, Director General of the service, revealed that the surge was largely attributed to macroeconomic reforms, particularly those implemented by the National Bank of Ethiopia.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 08 January 2025.

The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective January 07, 2025. 

Ethiopia Coffee and Tea Authority (ECTA) is ramping up efforts to expand the share of specialty coffee in its export portfolio, aiming to boost revenues from its higher market value.

Ethiopian Airlines has inaugurated apassenger terminal at Wako Gutu Airport in Bale Robe. The project, completed at a cost of Birr 1.1 billion, was officially opened today in a ceremony attended by Oromia Chief Administrator Shimelis Abdisa, federal and regional government officials, and local community leaders.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 06 January 2025.

The Sidama Regional Industrial Parks Development Corporation has announced that six new companies would begin operations at the Yirgalem Integrated Agro-Industrial Park within the next two months. The new ventures will focus on processing a range of agricultural products, including milk, avocado, honey, and coffee, sourced from local farmers. These processed goods will be supplied to both domestic and international markets.

Ethiopian Electric Power (EEP) has reported earning more than USD 31.5 million from electricity exports to neighboring countries in the first quarter of the current fiscal year. CEO Ashebir Balcha highlighted the company’s commitment to meeting the growing regional demand for electricity while improving power development, accessibility, and regional cooperation.

Haile Hotels & Resorts Group has officially inaugurated its 10th resort in Jimma, marking another step in its ongoing expansion across Ethiopia’s major tourist destinations. The Jimma-Haile Resort follows the opening of a similar property just 11 months ago.