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Unilever to Reduce Global Workforce, Impacting Ethiopia and Other Markets

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Published on 05 November 2024
Category: Latest Business Alerts

Unilever Unilever

British-Dutch consumer goods giant Unilever has announced plans to reduce its global workforce, starting next month, in a bid to increase profitability. Operating in over 190 countries, including Ethiopia, Unilever employs more than 128,000 people worldwide and produces brands such as Signal, Lifebuoy, OMO, and Knorr.

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Ethiopia: Lemi National Cement Factory Begins Offering Products to Market

Details
Published on 05 November 2024
Category: Manufacturing

CEMENT PRODUCTION

Lemi National Cement Factory, located in Ethiopia's Amhara Regional State, Ensaro Woreda, has started offering its cement products to the market as of October 31, 2024.

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Ethiopian Airlines Strengthens Global Reach with Advanced Airbus Fleet and New Dhaka Route

Details
Published on 05 November 2024
Category: Transport and Logistics

Ethiopian Airlines

Ethiopian Airlines Group has acquired the Airbus A350-1000, making it Africa’s first airline to operate this largest and most advanced passenger aircraft.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 04 November 2024

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Published on 05 November 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 04 November 2024.

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Ethiopia's Industrial Parks Development Corporation Attracts USD 300 Million in Investments

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Published on 02 November 2024
Category: Manufacturing

IPDC LOGO

The Industrial Parks Development Corporation (IPDC) reported that it had attracted USD 300 million in investments and generated over USD 26 million in export revenue in the first quarter of the 2024/25 fiscal year.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 01 November 2024

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Published on 02 November 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 01 November 2024.

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

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Published on 01 November 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 31 October 2024.

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Ethiopia Secures Birr 180 Billion in Revenue

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Published on 31 October 2024
Category: Latest Business Alerts

MoPD Ethiopia

The Ministry of Planning and Development (MoPD) announced that Ethiopia secured Birr 180 billion in revenue and attracted USD 890 million in foreign direct investment (FDI) in the first quarter of the fiscal year.

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Ethiopia: Cooperative Bank of Oromia Launches 200 "Smart" Branches

Details
Published on 31 October 2024
Category: Banking and Finance

Coop Oromia

The Cooperative Bank of Oromia has launched over 200 "Smart" branches across various locations. These branches are designed to provide customers with seamless, paperless banking services using tablet technology developed exclusively for this purpose.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 30 October 2024

Details
Published on 31 October 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 October 2024.

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