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Ethiopia's trade performance over the past nine months showed positive signs, though falling short of initial targets. The country aimed to achieve USD 3.562 billion in foreign trade revenue, but only reached USD 2.541 billion, representing 71.34% of the goal.

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

Ethiopia's annual expenditure of Birr 1.3 billion on production machinery, primarily imported, has sparked discussions on leveraging capital equipment lease finance to bolster the country's manufacturing sector.

In a bold move designed to boost economic growth, Ethiopia took a major shift in its trade policy. The Ethiopian Investment Commission (EIC) and the Ministry of Trade and Regional Integration jointly revealed that export, import, wholesale, and retail trade sectors would now be open to foreign companies.

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

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 April 2024.

Addis Ababa Revenue Bureau announced a strong performance, collecting Birr 108 billion in revenue during the last nine months of the 2023/24 fiscal year. This achievement surpasses 98.5% of the city’s target of Birr 109.6 billion.

Ministry of Water and Energy announced that the electricity user rate has climbed to 52 percent. According to the Ministry, the National Electrification Programme has yielded demonstrably positive results since its inception.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 April 2024.

2merkato, Ethiopia's leading business portal, partnered with the City Government of Addis Ababa Land Development and Administration Bureau. This partnership brings exciting news for businesses seeking land within the city's areas that are earmarked for redevelopment.