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Ethiopia is working towards increasing the local pharmaceutical industry's market share to 47% as part of its mid-term health sector development plan. This initiative aims to improve access to healthcare and reduce reliance on imported medicines.

The Ethiopian Accreditation Service announced plans to begin accrediting the general services of medical institutions. This move aims to build quality infrastructure and increase trust in Ethiopian products and services.

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

Ethiopia Commodities Exchange (ECX) is undergoing a digital transformation with the launch of a new electronic trading system next year.

The National Bank of Ethiopia is revamping its gold buying scheme to combat a decline in official gold supplies. The bank announced significant price hikes for suppliers, hoping to stem the flow of gold into the black market.

The Ministry of Mines fell short of its revenue target for mining activities between 2018 and the first quarter of the current fiscal year (2023/24), according to a report by the Office of the Federal Auditor General.

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

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

Ethiopia continues to supply electricity to Sudan despite a significant decrease in daily consumption, according to the Ethiopian Electricity Authority.

The Institute of Ethiopian Standards (IES) has began work to implement a new system that allows manufacturers to purchase essential standards electronically. This shift from a physical to an online platform streamlines access to standards, potentially expediting the production process for Ethiopian manufacturers.