2merkato

The second edition of the Big 5 Construct Ethiopia exhibition is set to take place from May 30 to June 1, 2024, at the Millennium Hall in Addis Ababa. This international event focuses on promoting growth and sustainability within the Ethiopian construction industry.

The Ethiopian Embassy in Islamabad announced the second Ethio-Pakistan Business Forum, scheduled for late May in Ethiopia. This forum builds on the success of previous editions, aiming to deepen economic ties between the two nations.

The Oromia Investment and Industry Bureau announced the approval of investment licenses for ventures totaling over Billion 148 billion. These investments are expected to generate job opportunities for more than 509,000 young people in the region.

The Ministry of Industry unveiled an ambitious plan for the upcoming Let Ethiopia Produce Expo and Bazaar. The five-day event, starting May 9^th at the Millennium Hall, aims to generate Birr three billion in market linkages between Ethiopian manufacturers and domestic and international buyers.

The Ministry of Revenues (MoR) collected Birr 374 billion in revenue over the past nine months. This achievement was announced by Minister Aynalem Nigussie during a session with the House of People's Representatives' Plan, Budget, and Finance Standing Committee.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 02 May 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 April 2024.

The Ethiopian Enterprise Development (EED) released its performance report for the nine months of the 2023/24 fiscal year. The report highlights achievements in export generation, import substitution, and job creation within the manufacturing sector.

The Addis Ababa Investment Commission (AAIC) announced progress in attracting new businesses to the capital. Over the past nine months, the AAIC issued new investment licenses to 1,921 investors, exceeding 76% of its target for the fiscal year. These investors represent a variety of sectors, including construction, urban agriculture, manufacturing, and services.

The Ethiopian Ministry of Water and Energy signed a memorandum of understanding (MOU) with Ethio Engineering Group and APIMOSO, a Czech Republic-based company. The agreement focuses on the import, assembly, and local manufacturing of water filtration machines.