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Ethiopia has taken a step towards expanding its horticultural exports by signing a Memorandum of Understanding (MoU) with the Common Market for Eastern and Southern Africa (COMESA). The agreement aims to enhance cooperation in the production and export of avocados, onions, and potatoes.

Ethiopia raked in over USD 180.45 million from exporting 40,532 tons of coffee in July this year, marking a substantial increase of 132% in volume and 110% in revenue compared to the same period the previous year.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 12 August 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 August 2024.

Ethiopia has officially become the 88th member of the WorldSkills organization, marking a significant milestone in the country's efforts to enhance its technical and vocational education and training (TVET) system.

The National Bank of Ethiopia (NBE) announced that it was now accepting applications for Independent Foreign Exchange Bureaus. This move is in line with the newly implemented Foreign Exchange Directive (FXD/01/2024).

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 08 August 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 07 August 2024.

Ethio-Engineering Group unveiled plans to construct a modern steel factory. The project is slated to commence in Nekemte city during the current fiscal year.

Gadaa Bank, in partnership with Santim Pay Financial Solutions S.C., has launched a new QR Code payment system. The service will enable contactless digital transactions across various sectors, including hotels, cafes, shops, and online platforms.