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Ethiopia Targets April for Debt Treatment Agreement Under G20 Framework

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Published on 27 January 2025
Category: Banking and Finance

investment license coins

Ethiopia's government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment. This update comes after years of negotiations aimed at re-profiling the country's debt.

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Ethiopia Attracts Over USD 597 Million in Investments to Special Economic Zones

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Published on 27 January 2025
Category: Manufacturing

IPDC LOGO

The Industrial Parks Development Corporation (IPDC) announced that investments worth more than USD 597 million have been secured in Ethiopia’s Special Economic Zones (SEZs) and the Dire Dawa Free Trade Zone over the past six months. Over 80 investments have been attracted to the zones under the IPDC's management.

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Ethiopia: Over 2 Million Metric Tons of Fuel Purchased and Sold During the Fiscal Year

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Published on 24 January 2025
Category: Energy and Mining

Petroleum and Energy Authority

The Petroleum and Energy Authority has announced that 2,041,135.332 metric tons of fuel were purchased for domestic use during the first six months of the current fiscal year. This represents 92 percent of the planned target of 2,216,189 metric tons, according to Bekele Kuma, Communications Director of the Petroleum and Energy Authority.

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Ethiopian Commodity Exchange Launches Online Trading Platform

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Published on 24 January 2025
Category: Capital Market and Commodity Exchange

ECX Pic

The Ethiopian Commodity Exchange (ECX) has launched an advanced online trading platform, a step towards modernizing the country’s trading systems and aligning with the Digital Ethiopia 2030 initiative.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 24 January 2025

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Published on 24 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 24 January 2025.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 22 January 2025

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Published on 23 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 22 January 2025.

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Ethiopia Sees Growth in Agricultural Mechanization

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Published on 22 January 2025
Category: Latest Business Alerts

Tractor 22

The Ministry of Agriculture has announced that Ethiopia’s tractor plowing rate has risen from 5.7% in 2020 to 25%, marking a development in agricultural mechanization.

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Ethiopia-Japan Trade Symposium Highlights Investment Opportunities

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Published on 22 January 2025
Category: Latest Business Alerts

Japan Forum

The Ethiopia-Japan Trade and Investment Symposium commenced today in Addis Ababa, bringing together over 50 Japanese company representatives, government officials, and key stakeholders.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 21 January 2025

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Published on 22 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 21 January 2025.

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Ethiopia: Investors with Over Birr 60 Billion Capital Begin Operations in Dire Dawa

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Published on 21 January 2025
Category: Latest Business Alerts

Dire Investment

Dire Dawa is witnessing a surge in investment activity, with investors who registered capital exceeding Birr 60 billion during the first half of the fiscal year now commencing operations, according to the city's Commerce, Industry, and Investment Bureau.

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