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Ethiopian Coffee and Tea Authority reported strong coffee production and export figures for the first nine months of the 2016 fiscal year. Over 174,596 tons of coffee were exported, generating revenue of USD 835,230,000.

Ethiopian Commodity Exchange (ECX) announced plans to expand its offerings beyond agricultural products to include industrial inputs. Dawit Mura, Head of Corporate Communication at ECX, revealed the diversification plans after reporting sales of Birr 19.4 billion worth of products within nine months of the fiscal year.

Safaricom Ethiopia announced a hefty investment of USD 1.5 billion to build 5,000 new telecom towers across the country over the next three years. This ambitious plan aims to significantly improve network infrastructure and connectivity for millions of Ethiopians.

The Oromia Regional Mineral Development Authority reported significant progress in the mining sector, exceeding USD 213 million in revenue from various mineral exports within the first nine months of the fiscal year. This surge comes alongside a crackdown on illegal mining activities, particularly in the gold sector.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 06 May 2024.

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.