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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.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 December 2024.

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.

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.

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

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.

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

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

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.

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.