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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 13 December 2024

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Published on 16 December 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 13 December 2024.

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Ethiopian Railways Corporation Partners with COIPA Capital to Advance Infrastructure Projects

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Published on 13 December 2024
Category: Transport and Logistics

ERC Agreement

Ethiopian Railways Corporation (ERC) has signed a Memorandum of Understanding (MoU) with COIPA Capital, a company known for identifying high-yield investment opportunities, to advance strategic railway and logistics projects.

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Ethiopia: CBE and Ministry of Innovation Ink Deal to Digitize Federal Payment Systems

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Published on 13 December 2024
Category: Banking and Finance

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The Commercial Bank of Ethiopia (CBE) and the Ministry of Innovation and Technology have signed an agreement to digitize payment collections for federal agencies.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 12 December 2024

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Published on 13 December 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 12 December 2024.

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Ethiopia: Ministry of Finance Launches Online Portal for Accessing Tax Laws

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Published on 12 December 2024
Category: Latest Business Alerts

mof logo

The Ministry of Finance, in collaboration with the Lexis Nexis Rule of Law Foundation, has launched a new online platform aimed at providing easy access to Ethiopian tax laws and regulations. The website hosts over 300 tax laws in both Amharic and English.

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Ethiopia: Hawassa City Issues Investment Licenses Worth Over Birr 1.1 Billion in Three Months

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Published on 12 December 2024
Category: Latest Business Alerts

investment license coins

The Hawassa City Administration Investment Promotion Office revealed that the city issued licenses to investors who have collectively registered capital exceeding Birr 1.1 billion in the first quarter of the 2024/25 fiscal year.

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Ethiopian Airlines Welcomes Second Airbus A350-1000, Launches Border Management Transformation Program

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Published on 12 December 2024
Category: Transport and Logistics

Ethiopian Airlines

Ethiopian Airlines Group has celebrated the arrival of its second Airbus A350-1000, registered as ET-BAX. This addition reinforces Ethiopian Airlines’ standing as Africa’s leading airline. The A350-1000, part of a four-aircraft order, was first introduced to the fleet in November 2024, making Ethiopian Airlines the first African operator of this aircraft.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 11 December 2024

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Published on 12 December 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 11 December 2024.

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Ethiopia Eyes Expanding Coffee Exports to China

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Published on 11 December 2024
Category: Import and Export

coffee-beans-roasted

Ethiopia is keen to strengthen its position in the rapidly growing Chinese coffee market, as China continues to emerge as one of the top destinations for Ethiopian coffee exports. The Ethiopian Coffee and Tea Authority (ECTA) emphasized this goal during recent discussions with Chinese business representatives interested in sourcing Ethiopian coffee.

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Ethiopia: Siket Bank Reports a Birr 1.54 Billion Profit

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Published on 11 December 2024
Category: Banking and Finance

Siket Bank

Siket Bank S.C. has announced a strong performance for the 2023/24 fiscal year, recording a net profit of Birr 1.54 billion and total assets of Birr 15.9 billion, reflecting a 30% growth. The bank's results were shared by Board Chairperson Tilahun Worku during the 2nd Stakeholders Ordinary General Assembly on Saturday last week, where he addressed board members, shareholders, and directors.

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