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Ethiopia’s Airports Receive Security Clearance from ICAO

Details
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

Details
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

Details
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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Ethiopia's Industry Grows by 10.1%, Ministry of Industry

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Published on 14 June 2024
Category: Manufacturing

MoI Logo

Minister of Industry Ato Melaku Alebel reported a 10.1% growth in the sector over the past ten months. In a performance review presented to Prime Minister Abiy Ahmed this growth surge is attributed in large part to the Ethiopia Tamrit Movement, a program focused on promoting domestic production and reducing reliance on imports.

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Ethiopian Investment Commission and Gada Economic Zone Enter a Memorandum of Understanding

Details
Published on 14 June 2024
Category: Latest Business Alerts

Gada EIC

The Ethiopian Investment Commission (EIC) and Gada Special Economic Zone (SEZ) signed a Memorandum of Understanding (MoU) today, facilitating the project's official launch.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 12 June 2024

Details
Published on 13 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 12 June 2024.

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Ethiopia Becomes Third Most Attractive Investment Destination in Africa, EIC

Details
Published on 13 June 2024
Category: Latest Business Alerts

EIC LOGO 1

Ethiopia is ranked the third most attractive investment destination in Africa for the 2023/24 fiscal year, according to the Ethiopian Investment Commission (EIC). This improvement in the investment climate is attributed to a series of reforms.

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Ethiopia: Amhara Region Mines 19,950 Kilograms of Opal and Gold

Details
Published on 13 June 2024
Category: Energy and Mining

Opal 22

The Amhara Region's Mineral Resources Bureau revealed that the region produced nearly 19,950 kilograms of opal and gold over the past nine months.

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Ethiopia's Diaspora Remits USD 4.5 Billion Annually, EDS

Details
Published on 13 June 2024
Category: Latest Business Alerts

REMITTANCE 101

In the past five years, Ethiopians and foreign nationals of Ethiopian descent have sent an average of USD 4.5 billion back to Ethiopia annually. This significant financial contribution highlights the growing engagement of the diaspora.

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