2merkato

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

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.

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.

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

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

Visa announced that it was working in collaboration with various financial institutions and fintech companies such as the NIDP, Commercial Bank of Ethiopia, Bank of Abyssinian, and Cooperative Bank of Oromia.

The Ministry of Trade and Regional Integration (MoTRI) has recently announced that the country has generated USD 1.53 billion in revenue from agricultural, manufacturing, and mining exports.This amount represents a substantial portion of the targeted $2.39 billion earnings within a six-month period.

Turkish investors had invested a total of USD 2 billion in Ethiopia, creating over 20,000 job opportunities according to the Ethiopian Investment Commission.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 19 February 2024.

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