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Ethiopia: Gambella Region Attracts Nearly 200 Investors with Birr 1 Billion in Capital

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Published on 18 December 2024
Category: Latest Business Alerts

investment license coins

Gambella Regional State’s Investment Commission has announced that close to 200 investors, with a combined registered capital of Birr 1 billi

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 17 December 2024

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Published on 18 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 17 December 2024.

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Ethiopia Begins Power Supply Trials from Kenya to Tanzania

Details
Published on 17 December 2024
Category: Energy and Mining

Electric Grid

Ethiopia commenced power supply trials between Kenya and Tanzania as part of the East Africa Electric Highway Project. This milestone follows the completion of the Ethiopia-Kenya power transmission line, facilitated by an advanced power supply network.

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Ethiopia Approves Banking Proclamations, Opens Door for Foreign Banks

Details
Published on 17 December 2024
Category: Banking and Finance

Bank

The House of People’s Representatives, during its 11th regular session, reviewed and approved the National Bank Proclamation and the Banking Proclamation, paving the way for foreign banks to operate in Ethiopia.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 16 December 2024

Details
Published on 17 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 16 December 2024.

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Ethiopia: Oda Solar Power Project Inaugurated in Oromia

Details
Published on 16 December 2024
Category: Energy and Mining

Oda Solar

The Oda Solar Power Project, a 370-kilowatt solar energy facility built at a cost of Birr 195 million, was officially inaugurated in Medewelabu Woreda, East Borena Zone, Oromia Regional State.

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Digital Ethiopia 2025 Strategy Boosts Internet Users to Over 42 Million

Details
Published on 16 December 2024
Category: ICT and Telecom

Digital Internet

The Ministry of Innovation and Technology (MoIT) announced that the Digital Ethiopia 2025 Strategy has led to a dramatic increase in internet users, surpassing 42 million from just 17 million at its launch.

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

Details
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

Details
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

Details
Published on 13 December 2024
Category: Banking and Finance

CBE Logo

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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