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Ethiopian Investment Holdings (EIH) has announced ongoing negotiations to transfer ownership of certain sugar plants to both local and international companies.

AvtoVAZ, the Russian state-owned automaker, and Ethio Engineering Group have signed a letter of intent to collaborate on manufacturing Lada cars in Ethiopia.

Ethio Telecom has introduced new services, including Voice over Long-Term Evolution (VoLTE), to enhance connectivity and drive digital development in Ethiopia.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 December 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 14 December 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 13 December 2023.

Ethiopian cut flower producers have begun conducting partial trial shipments of flowers to Europe by sea, representing an important development.

Bunna Bank and Wegagen Bank have reported profitable performances in the 2022/23 fiscal year. Bunna Bank announced a profit before tax of Birr 1.35 billion, mobilized over Birr 36.59 billion in deposits, and approved Birr 8.92 billion in loans across various economic sectors.

Ethiopian Shipping and Logistics (ESL) has made notable progress in the first four months, surpassing its profit and cargo targets.

Ethiopia has entered into agreements with 17 countries across Africa, North and South America, Europe, and the Middle East to initiate and enhance air transport services.