Ethiopia Inaugurates Its First Stock Exchange

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