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The International Monetary Fund (IMF) has raised Ethiopia's net international reserves target to help the country meet upcoming foreign currency payments. This follows Ethiopia’s USD 3.4 billion, four-year financing deal secured with the IMF in July, contingent on major economic reforms, including the recent flotation of the birr currency.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 05 November 2024.

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.

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.

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

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

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.

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

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

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.