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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 27 February 2024

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Published on 28 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 27 February 2024.

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Ethiopia Launches a Bitcoin Project

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Published on 27 February 2024
Category: Banking and Finance

Bitcoin Bitcoin

Ethiopia is embarking on a groundbreaking USD 250 million bitcoin mining and AI data center project, spearheaded by BitCluster.

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Ethiopia: Cessation of Sports Betting Not Required, National Lottery Administration

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Published on 27 February 2024
Category: Latest Business Alerts

Sports Betting

The National Lottery Administration announced that the closure of legal betting houses would not be appropriate. The administration reached this conclusion after conducting a study on the sector. It also emphasized the need to differentiate between legitimate and illegal sports betting establishments.

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Ethiopia: Addis Ababa City Administration Reports Strong Revenue Growth

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Published on 27 February 2024
Category: Latest Business Alerts

Addis Ababa Logo

Addis Ababa City Administration has reported a significant upsurge in revenue for the current year, surpassing the previous year's figures by Birr 21.9 billion.

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Ethiopia: New Manufacturing Policy Aims to Revise Incentives, Invite Local Investors to Industry Parks

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Published on 26 February 2024
Category: Manufacturing

MOI LOGO MINISTRY OF INDUSTRY

Ethiopia's Ministry of Industry (MoI) has introduced a new policy that focuses on import substitution as a means to enhance domestic production and reduce dependence on imports. This represents a departure from the previous emphasis on export-led manufacturing.

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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

Details
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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