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Ethiopia: MoA to Build 18 Livestock Collection Centers

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Published on 23 September 2024
Category: Latest Business Alerts

Livestock Ethiopia

The Ministry of Agriculture (MoA) has unveiled plans to establish 18 livestock collection centers in nine pastoralist and semi-pastoralist clusters, aiming to enhance Ethiopia's livestock market. The centers will be constructed in key livestock regions, with three clusters each in Oromia and Somali, one in Afar, and two in the South and South West states.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 20 September 2024

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Published on 21 September 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 September 2024.

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Ethiopia: Ethio Telecom Targets Birr 163.7 Billion Revenue for 2024/25 Fiscal Year

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Published on 20 September 2024
Category: ICT and Telecom

Ethio Telecom

Ethio Telecom has announced plans to secure Birr 163.7 billion in revenue for the 2024/25 Ethiopian fiscal year, marking a significant 74.7% increase from the previous year’s Birr 93.7 billion. CEO Frehiwot Tamiru outlined the ambitious goal while presenting the company’s annual plan.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 19 September 2024

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Published on 20 September 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 19 September 2024.

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Ethiopian Reinsurance Saves USD 50 Million in Foreign Currency

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Published on 19 September 2024
Category: Banking and Finance

Re Insurance

Ethiopian Reinsurance, established eight years ago with an initial capital of Birr 1 billion, announced that it has saved the country USD 50 million in foreign currency. The company, which provides reinsurance services to Ethiopian insurance companies, has played a crucial role in retaining funds that were previously spent abroad.

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Ethiopia: Oromia Announces First-Ever Irreechaa Expo 2024

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Published on 19 September 2024
Category: Latest Business Alerts

Irecha Oromia

The Oromia State Culture and Tourism Bureau has announced its preparations for the inaugural “Irreechaa Expo 2024,” set to be held at the Addis Ababa Bazar and Exhibition Center from September 28 to October 4, 2024.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 18 September 2024

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Published on 19 September 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 September 2024.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 17 September 2024

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Published on 18 September 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 September 2024.

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Ethiopia Unveils First-Ever Tourism Satellite Account

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Published on 17 September 2024
Category: Latest Business Alerts

Tourism Satellite

Ethiopia has launched its first-ever Tourism Satellite Account (ET-TSA), a strategic initiative designed to unlock the full economic potential of the country's tourism sector.

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Ethiopia: NBE Launches Campaign to Boost Remittance Revenue and Foreign Currency Flow

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Published on 17 September 2024
Category: Banking and Finance

NBE Logo Logo

The National Bank of Ethiopia (NBE) has unveiled a strategic initiative to enhance foreign currency inflows by launching a six-month campaign aimed at increasing remittances. The campaign, which involves government agencies, financial institutions, diplomatic missions, and the diaspora, is part of broader efforts to stimulate hard currency generation.

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