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International ride-hailing service Yango, a subsidiary of Yango Group, has announced two strategic partnerships in Ethiopia, aimed at enhancing both transportation and healthcare services. The company has teamed up with Awash Bank, one of Ethiopia’s leading financial institutions, and Amakari Doctors, a key player in the telemedicine sector, to bring innovative solutions to commuters and Yango drivers.

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

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

An International Monetary Fund (IMF) team and Ethiopian authorities have reached a staff-level agreement on the first review of Ethiopia’s four-year USD 3.4 billion Extended Credit Facility (ECF) program. Upon approval by the IMF Executive Board, Ethiopia will gain access to USD 345 million in financing.

The Ministry of Mines (MoM) announced that the construction of three gold mining factories was progressing rapidly, with the aim of generating USD 800 million from the sector this fiscal year.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 September 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 September 2024.

Ethio Telecom officially launched its "Copper Switch-Off Initiative," which aims to migrate 100,000 customers from the existing copper network to high-speed fiber optic infrastructure by the end of this fiscal year.

Kenya’s electricity imports from neighboring Ethiopia have surged by 88% in the first half of 2024, according to a report released by the Kenya National Bureau of Statistics (KNBS). This increase marks a major shift in Kenya’s energy import strategy as the country seeks to meet rising electricity demand.

The Ministry of Mines has announced that the third MINTEX Mining and Technology Expo will be held in Addis Ababa at the Millennium Hall from November 23-26, 2024. The four-day event will bring together international companies and stakeholders in the mining and technology sectors.