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

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

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.

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

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

The House of People’s Representatives, in its 14^_th 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.

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.