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In a move to enhance the country's gold supply and foreign currency reserves, the National Bank of Ethiopia (NBE) has issued a new directive allowing gold-producing companies to retain foreign currency earned from gold sales for a period of three months.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 August 2024.

Ethiopia implements a new vehicle insurance policy. Previously, the maximum death claim was capped at 5,000 birr, but the new policy raises this to a range of 30,000 to 250,000 birr.

Boeing's Africa office, based in Addis Ababa, will officially begin operations in October 2024, according to Henok Teferra, Managing Director of Boeing Africa. The American aerospace company chose Ethiopia for its African headquarters due to the nation's achievements in aviation and its status as a continental hub.

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

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 August 2024.

The Enkopa Summit Organizing Committee has announced the postponement of the annual event, which was originally slated for this year.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 August 2024.

An International Tourism, Culture, and Trade Show aimed at promoting Ethiopian agricultural products will take place in Abu Dhabi from November 1 to 3, 2024.

Ethiopia secured USD 140 million from energy exports in the recently concluded Ethiopian fiscal year, marking a 16 percent increase from the previous year. A 17 percent increase was registered in domestic energy demand compared to last year.