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A high-powered trade mission from Saudi Arabia, led by the country’s Chamber of Commerce President, is in Ethiopia for a two-day investment forum which is currently underway in Addis Ababa.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 04 June 2024.

Ethiopia's logistics sector is set for an upgrade following an agreement signed between the Ethiopia-Djibouti Standard Gauge Railway Share Company (EDR) and the state-owned Ethiopian Shipping and Logistics (ESL).

Ethiopia's coffee industry exported 210,000 tons in just 10 months and raked in USD 1 billion, according to the Ethiopian Coffee and Tea Authority (ECTA).

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 03 June 2024.

Ethiopian Intellectual Property Authority (EIPA) announced Ethiopia's commitment to safeguarding its genetic resources and associated traditional knowledge. This comes after signing the Final Act of a new treaty with the World Intellectual Property Organization (WIPO) on May 24, 2024.

Ethiopia's cement industry is poised for growth with the upcoming launch of the Lemi National Cement Factory. Expected to begin production in two months, the factory is projected to fill a major gap in the country's cement supply. At full capacity, Lemi will produce 6.4 million tons of cement annually, nearly doubling Ethiopia's current production.

Ethiopia's healthcare industry is gearing up for a major showcase with the first-ever domestic medical resource production and innovation exhibition. The event, themed "Our Health is Our Products," will be held from June 22nd to 27th, 2024.

The Ministry of Mines announced that USD 274 million has been earned from gold exports in the last nine months, reflecting an 83% growth compared to the same period last year.

Wegagen Bank and Mpesa, a mobile banking platform offered by Safaricom Ethiopia, have joined forces to provide customers with convenient digital payment solutions. This partnership, approved by the National Bank of Ethiopia, aims to eliminate the need for cash transactions.