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Ethiopia's Electric Power (EEP) has set its sights on expanding its power grid and becoming a major electricity supplier in Africa. Their plan involves connecting the Eastern and Southern Africa Power Pools, ultimately delivering electricity to South Africa.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 2 April 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 1 April 2024.

Petroleum and Energy Authority announced a major shift in fuel trading, opening it up to all banks in the country. This move comes in response to customer and bank complaints regarding limited payment options.

Ethiopian Airlines is taking off for a major expansion, adding new routes in Africa and Europe alongside increased flight frequencies. The airline's CEO recently announced plans to boost its domestic and international reach.

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

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.

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.

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.

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.