2merkato

East African flower growers can expect a boost in business thanks to a new tax break from the UK. Announced by the UK High Commission in Nairobi, the initiative offers duty-free access for cut flower exports from the region until 2026.

Ethiopia's electric grid is set for a major boost with a USD 500 million investment from the World Bank. The Ethiopian Electric Power (EEP) announced plans to build 14 new power distribution stations and lines, alongside renovations of existing power plants and distribution networks.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 11 April 2024.

Ethiopia is on the home stretch of joining Africa's free trade area, the African Continental Free Trade Area (AfCFTA), according to the Ministry of Trade and Regional Integration (MoTRI).

Ethiopia's Ministry of Finance is tightening its grip on tax collection with a new directive requiring excise stamps on specific goods. This move targets producers and importers of spirits, tobacco, bottled water, beers, cigarettes, and cigarillos, with the potential to expand to other products.

Bishoftu Automotive Manufacturing Industry (BAMI) has launched a pilot project to produce safari cars, aiming to meet the growing demand for locally-made touring vehicles in the expanding tourism sector.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 8 April 2024.

Ethiopia's Deputy Prime Minister, Temesgen Tiruneh, announced a significant shift for the Ethio-Engineering Group, revealing their upcoming transition to assembling electric vehicles and machinery.

The Ethiopian House of Representatives has taken a significant step towards safeguarding personal data with the endorsement of the Personal Data Protection Bill. The bill was reviewed and approved during the 20th regular meeting of the 3rd parliamentary session, with one objection and a majority vote.

The Ministry of Trade and Regional Integration announced two key initiatives: a mandatory national ID requirement for business services starting this year and an expanding online service platform.