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Ethiopia Attracts USD 3.82 Billion in FDI, EIC

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Published on 19 July 2024
Category: Latest Business Alerts

EIC LOGO 1

Ethiopia attracted USD 3.82 billion in foreign direct investment (FDI) during the recently concluded fiscal year, according to the Ethiopian Investment Commission.

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

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Published on 18 July 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 July 2024.

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Ethiopia: Documents Authentication and Registration Service Achieves Birr 2.5 Billion Revenue in 2023/24 Fiscal Year

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Published on 17 July 2024
Category: Latest Business Alerts

DARS DARS DARS

The Federal Documents Authentication and Registration Service (DARS) announced that it generated Birr 2.5 billion in revenue from its verification and registration services during the 2023/24 fiscal year.

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UAE and Ethiopia Strengthen Ties with Currency Swap Agreement

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Published on 17 July 2024
Category: Banking and Finance

NBE UAE

The UAE Central Bank has partnered with the National Bank of Ethiopia to establish a bilateral currency swap agreement, aimed at enhancing financial and commercial cooperation between the two countries.

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ECMA Issues Directive to License Ethiopia's First Securities Exchange

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Published on 17 July 2024
Category: Capital Market and Commodity Exchange

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The Ethiopian Capital Market Authority (ECMA) announced a directive that will establish Ethiopia's first licensed securities exchange.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 16 July 2024

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Published on 17 July 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 July 2024.

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Ethiopian Airlines Switches to Dollar-Only Ticket Sales for Foreign Travelers

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Published on 16 July 2024
Category: Transport and Logistics

Ethiopian Airlines Logo

Ethiopian Airlines has implemented a new policy requiring all foreign international passengers to purchase airline tickets in US dollars, effective July 8, 2024. Previously, foreign travelers could buy tickets using Ethiopian Birr while in Addis Ababa.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 13 July 2024

Details
Published on 16 July 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 15 July 2024.

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Ethiopia: Addis Ababa to Host First East Africa Infrastructure and Water Expo

Details
Published on 15 July 2024
Category: Latest Business Alerts

Big 5 EastScheduled for June 26-28, 2025, at the Millennium Hall in Addis Ababa, for the first time in the East Africa region the East Africa Infrastructure and Water Expo aims to foster collaboration, innovation, and growth in the sector.

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Commercial Bank of Ethiopia Registers Record Profit in 2023/24

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Published on 15 July 2024
Category: Banking and Finance

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The Commercial Bank of Ethiopia (CBE) announced record-high profits and substantial growth across key indicators for the 2023/24 fiscal year.

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