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Ethiopia: Investors to Launch Coffee and Tea Production in Jimma Special Economic Zone

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Published on 23 December 2024
Category: Latest Business Alerts

IPDC LOGO

Investors with over Birr 2.6 billion in capital are set to begin coffee and tea production in Jimma Special Economic Zone (SEZ), the Industrial Parks Development Corporation of Ethiopia (IPDC) announced.

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Ethiopia: Lion Insurance Surpasses Birr 1 Billion in Premium Revenue

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Published on 23 December 2024
Category: Banking and Finance

Lion Insurance

Lion Insurance, a key player in Ethiopia’s insurance sector for 17 years, has achieved a major milestone by surpassing Birr 1 billion in premium revenue for the first time. The company’s total premium revenue reached Birr 1.173 billion, marking a 41 percent increase compared to the previous year.

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Ethiopia Earns USD 2.6 Billion in Export Revenue in Five Months

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Published on 21 December 2024
Category: Import and Export

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Ethiopia’s export sector continues to show progress, generating USD 2.6 billion in revenue during the past five months, largely driven by agricultural exports, according to State Minister of Trade and Regional Integration Yasmin Wohabrebbi.

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Ethiopia: Oromia Targets 12,000 Quintals of Avocado Exports in 2024/25

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Published on 21 December 2024
Category: Import and Export

Avocado Ethiopia

Avocado production and exports in Oromia State are experiencing growth, with plans to export 12,000 quintals of the fruit in the 2024/25 fiscal year, the Oromia State Agriculture Bureau announced.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 20 December 2024

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Published on 21 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 20 December 2024.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 19 December 2024

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Published on 20 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 19 December 2024.

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Ethiopia Signs Agreement with AeTrade Group to Boost Regional Trade and Digital Economy

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Published on 19 December 2024
Category: ICT and Telecom

AE Trade Group

Ethiopia has signed a host country agreement with AeTrade Group, an African Diaspora-led social enterprise, to establish its East African regional headquarters in Addis Ababa.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 18 December 2024

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Published on 19 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 18 December 2024.

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Railways Corporation Unveils Plan to Expand Ethiopia’s Railway Network

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Published on 18 December 2024
Category: Transport and Logistics

Train Train

The Ethiopian Railways Corporation (ERC) revealed plans to expand the national railway network to 5,700 kilometers within the next decade, aiming to drive economic growth and create efficient transport corridors across the country.

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Ethiopia: Addis Ababa Extends Business Hours to Boost Economic Activity

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Published on 18 December 2024
Category: Latest Business Alerts

Addis Ababa City Administration Logo

The Addis Ababa Trade Bureau announced an extension of operating hours for commercial establishments, requiring them to remain open until 9:30 p.m.

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