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Ethiopia: Six New Companies to Start Operations at Yirgalem Integrated Agro-Industrial Park

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Published on 04 January 2025
Category: Manufacturing

Yirgalem IAIP 2

The Sidama Regional Industrial Parks Development Corporation has announced that six new companies would begin operations at the Yirgalem Integrated Agro-Industrial Park within the next two months. The new ventures will focus on processing a range of agricultural products, including milk, avocado, honey, and coffee, sourced from local farmers. These processed goods will be supplied to both domestic and international markets.

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Ethiopian Electric Power Earns Over USD 31.5 Million from Electricity Exports

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Published on 04 January 2025
Category: Energy and Mining

Electric Grid

Ethiopian Electric Power (EEP) has reported earning more than USD 31.5 million from electricity exports to neighboring countries in the first quarter of the current fiscal year. CEO Ashebir Balcha highlighted the company’s commitment to meeting the growing regional demand for electricity while improving power development, accessibility, and regional cooperation.

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Ethiopia: Haile Hotels & Resorts Expands with New Resort in Jimma

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Published on 04 January 2025
Category: Latest Business Alerts

Haile Jimma

Haile Hotels & Resorts Group has officially inaugurated its 10th resort in Jimma, marking another step in its ongoing expansion across Ethiopia’s major tourist destinations. The Jimma-Haile Resort follows the opening of a similar property just 11 months ago.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 03 January 2025

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Published on 04 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 03 January 2025.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 02 January 2025

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Published on 03 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 02 January 2025.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 01 January 2025

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Published on 02 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 01 January 2025.

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Ethiopia Prepares to Implement a Trade Policy

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Published on 01 January 2025
Category: Latest Business Alerts

MoTRI Logo

The Ministry of Trade and Regional Integration has announced plans to implement a trade policy within the next year. The policy aims to address trade imbalances, strengthen monitoring and enforcement against illegal trade, and create a balanced system of supply and demand in the country.

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Ethiopia Secures Over USD 1 Billion from Gold Exports

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Published on 01 January 2025
Category: Import and Export

Gold Benishangul Gumuz

Ethiopia has generated over USD 1 billion from gold exports in the past five months, a record-breaking achievement, according to the Ministry of Trade and Regional Integration.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 31 December 2024

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Published on 01 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 31 December 2024.

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Ethiopia: ZamZam Bank Reports Birr 148 Million Pre-Tax Profit

Details
Published on 31 December 2024
Category: Banking and Finance

zamzam-bank-logo

ZamZam Bank announced a pre-tax profit of Birr 148 million for the 2023/24 fiscal year. The bank’s total income for the year exceeded Birr 850 million.

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