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The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is working on a new payout mechanism designed to support depositors, particularly first-time savers.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 July 2025.

The Ministry of Transport and Logistics has announced that over 400 electric vehicle (EV) charging stations are now operational in Addis Ababa. State Minister Ato Bero Hassan emphasized, however, that more infrastructure is needed to support the growing number of electric vehicles in the city. Currently, about 90 high-capacity charging stations serve various areas of Addis Ababa, but more are required to meet demand.

Ethiopia’s Ministry of Finance, in partnership with the Ethiopian Railways Corporation, has issued an invitation for global and local investors to express interest in the development of the Indode Intermodal Rail Terminal, Dry Port, and Logistics Center. Located just 26 kilometers southeast of Addis Ababa, the project is a key part of the country’s broader push to enhance private sector involvement in the transport sector.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 July 2025.

Wegagen Capital Investment Bank has executed the first inter-broker trades of Government Treasury Bills and listed securities on the Ethiopian Securities Exchange (ESX). The trades took place as part of the official listing ceremony for Government T-bills and the start of trading operations, held on July 11, 2025, at the Sheraton Addis Hotel.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 14 July 2025.

The National Bank of Ethiopia (NBE) has marked the first anniversary of its Open Market Operations (OMO) auctions, reporting a record trade of Birr 579.4 billion over the past year.

The Addis Ababa City Council, in its 4th regular session now on its second day, has approved the city’s 2025/26 fiscal year budget totaling Birr 350.13 billion, a 45 percent increase, or Birr 108 billion more than last year.

The Central Bank of Russia has officially set the exchange rate of the Ethiopian birr against the Russian ruble, paving the way for direct trade and financial transactions between the two countries.