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

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Published on 18 June 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 June 2024.

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Ethiopia Considers Electricity Tariff Reform to Address Financial Strain

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Published on 18 June 2024
Category: Energy and Mining

Electric Lines 2

The Ethiopian government has finalized a study on electricity tariff reform, submitted to the Petroleum and Energy Authority. This initiative aims to recover electricity provision costs due to the declining global purchasing power of the dollar.

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Ethiopia Commodity Exchange Reports Strong Performance and Expansion Plans

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Published on 18 June 2024
Category: Capital Market and Commodity Exchange

ECX Pic

Ethiopia Commodity Exchange (ECX) announced a trading volume reaching Birr 23.6 billion for the current fiscal year. 

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Ethiopia Exports 43,481 Tons of Coffee in May

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Published on 18 June 2024
Category: Import and Export

coffee-beans-roasted

The Ethiopian Coffee and Tea Authority (ECTA) announced that May saw a significant surge in coffee exports, with over 43,481 tons shipped and a revenue of USD 209.54 million. This surpasses targets and represents the highest volume and revenue for a single month in the past three years.

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Ethiopia Announces Discovery of Natural Gas Reserves in Ogaden Region

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Published on 16 June 2024
Category: Energy and Mining

Natural Gas

A survey involving the drilling of 19 wells in the Ogaden region confirmed the presence of 21.336 billion cubic meters of natural gas. This latest discovery adds to Ethiopia's existing oil and natural gas deposits found in six locations across the country.

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Ethiopia: Council of Ministers Refers National Bank Amendment and Bank Operation Proclamations to Parliament

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Published on 16 June 2024
Category: Latest Business Alerts

Council of Mnisters

The Council of Ministers has proposed a draft amendment to the National Bank of Ethiopia (NBE) to address limitations in the current legislation. The amendment aims to support development initiatives, promote national prosperity, and align with evolving international financial practices.

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Ethiopia’s Airports Receive Security Clearance from ICAO

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Published on 16 June 2024
Category: Transport and Logistics

Ethiopian Airlines Vision 2020

The International Civil Aviation Organization (ICAO) confirms the Ethiopia's airports are free from security threats. This announcement follows a rigorous security audit conducted by ICAO.

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Ethiopia: Digital Fleet Management System Launched to Boost Trade on Addis Ababa-Djibouti Corridor

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Published on 16 June 2024
Category: Transport and Logistics

Logistics Plan 2

A new digital vehicle fleet management system for trucks was inaugurated today on the Addis Ababa-Djibouti corridor, marking a major advancement in trade between Ethiopia and Djibouti.

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

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Published on 14 June 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 13 June 2024.

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National Bank of Ethiopia Revises Directives

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Published on 14 June 2024
Category: Banking and Finance

NBE LogoIn a move designed to bolster the security and stability of the Ethiopian financial sector, the National Bank of Ethiopia (NBE) announced a series of revisions to its regulatory framework. Accordingly, it revised five of its directives.

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