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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 29 March 2024

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Published on 01 April 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 29 March 2024.

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Ethiopia: Four Companies Awarded Mining Licenses

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Published on 29 March 2024
Category: Energy and Mining

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Ministry of Mines announced the awarding of mining licenses to four companies. The signing ceremony was attended by Minister of Mines Habtamu Tegegn and company executives.

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Ethiopia: No Hotels Achieve 5-Star Rating in Latest Evaluations

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Published on 29 March 2024
Category: Latest Business Alerts

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The Ministry of Tourism recently announced the results of hotel evaluations. Accordingly, none of the 64 establishments assessed achieved the coveted 5-star rating. This follows a similar trend in 2022 and 2023, where evaluations of the same number of hotels yielded no 5-star designations.

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Ethiopian Deposit Insurance Fund Aims to Bolster Financial Security

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Published on 29 March 2024
Category: Banking and Finance

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The Ethiopian Deposit Insurance Fund (EDIF) is setting its sights on collecting Birr 6 billion in premiums this fiscal year. Their primary focus is on protecting deposits held by microfinance institutions, banks, and especially small depositors.

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Ethiopia's Coffee Exports Reach USD 716 Million in Eight Months

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Published on 29 March 2024
Category: Capital Market and Commodity Exchange

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Ethiopia's coffee exports reached USD 716.35 million during the first eight months of the current fiscal year, according to the Ethiopian Coffee and Tea Authority. This represents 67% of the initial target of USD 1 billion in revenue from coffee exports within the same timeframe.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 28 March 2024

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Published on 29 March 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 28 March 2024.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 27 March 2024

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Published on 28 March 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 March 2024.

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Ethiopia: National Bank Unveils Plans for New Bank Law and Granting Fintech Licenses

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Published on 27 March 2024
Category: Banking and Finance

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Ethiopia's National Bank Governor, Mamo Mehretu, highlighted the transformative potential of digital financial services during a recent panel discussion on the Digital Ethiopia 2025 strategy review. His focus was on the upcoming changes driven by new regulations and increased competition.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 26 March 2024

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Published on 27 March 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 March 2024.

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Ethiopia: Djibouti Restricts NVOCCs as Multimodal Operators

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Published on 26 March 2024
Category: Transport and Logistics

Multimodal Djibouti

Djibouti threw a curveball at Ethiopia's plan to expand multimodal transport options. Djibouti banned non-vessel operators (NVOCCs) from acting as multimodal operators, despite Ethiopia approving three new companies for the role. Djibouti worries NVOCCs cannot guarantee logistics costs or ensure cargo safety. 

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