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Ethiopia: Zemen Bank Secures USD 30 Million Trade Finance Boost from IFC

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Published on 26 February 2024
Category: Banking and Finance

/Zemen LogoZemen Bank has secured a USD 30 million trade finance facility from the International Finance Corporation (IFC), a move aimed at bolstering the country's import and export activities.

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Ethiopia: CBE Celebrates 10 Years of Interest-Free Banking with CBE Noor

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Published on 26 February 2024
Category: Banking and Finance

CBE Logo

The Commercial Bank of Ethiopia (CBE) celebrated the 10th anniversary of its CBE Noor service, which offers interest-free banking according to Sharia laws.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 23 February 2024

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Published on 26 February 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 February 2024.

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Ethiopia: Addis Chamber International Trade Fair Underway

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Published on 23 February 2024
Category: Latest Business Alerts

Addis Chamber of Commerce

The Addis Ababa Chamber of Commerce and Sectoral Associations (Addis Chamber) announced the vital role of the Addis-Chamber International Trade Fair (ACITF) in revitalizing Ethiopia's economy through trade sector modernization. Kicking off its 26th edition on February 22, 2024, the fair which is being held at the Addis Ababa Exhibition Center is showcasing local and international products to eager consumers.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 22 February 2024

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Published on 23 February 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 February 2024.

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Ethiopia: A Minimum Wage Anticipated for Flower Farms and Industries

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Published on 22 February 2024
Category: Latest Business Alerts

Minimum Wage Minimum

The Ethiopian Employers’ Confederation announced the formation of a board to establish a minimum wage for workers in flower farms and industries.

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Ethiopian Cooperative Commission Aims to Merge Cooperatives for Performance Enhancement

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Published on 22 February 2024
Category: Latest Business Alerts

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Ethiopian Cooperative Commission has unveiled plans to consolidate 40,000 similar cooperatives into 10,000 entities as part of a comprehensive reform initiative aiming to bolster the financial resilience of cooperative societies and streamline human resource utilization.

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Ethiopian Securities Exchange Attracts Foreign Investors

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Published on 22 February 2024
Category: Capital Market and Commodity Exchange

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Ethiopian Securities Exchange (ESX) is attracting both domestic and foreign investors in line with its capital-raising objectives. Siinqee Bank recently became the second equity acquirer after Zemen Bank, with other investors also showing interest.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 21 February 2024

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Published on 22 February 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 21 February 2024.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 20 February 2024

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Published on 21 February 2024
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 February 2024.

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