2merkato

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.

Ethio Telecom upgraded its Telebirr SuperApp to the next level with the launch of Telebirr Engage, transforming it into a comprehensive suite for communication, finance, and social interaction.

The Ethio-Djibouti Railway Share Company (EDR) is chugging along towards a good year, reporting strong revenue growth in the past nine months. The company earned Birr 2.84 billion from railway services so far.

Addis Ababa Investment Commission exceeded its targets for attracting investment and creating jobs over the past nine months.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 15 April 2024.

Kenya's plan to import electricity from Ethiopia faces potential roadblocks due to the worsening energy crisis in the nation. The Energy and Petroleum Regulatory Authority (EPRA) is concerned that power shortages in Addis Ababa could disrupt supply to Nairobi, potentially forcing a renegotiation of the 25-year power purchase agreement (PPA) signed in July 2022.