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Ethiopia Aims to Earn USD 135 Million from Meat Export

Details
Published on 27 November 2023
Category: Import and Export

Meat Export

Ethiopian Meat Producers '-Exporters' Association (EMPEA) has set a target of earning USD 135 million by exporting 25,607 tons of meat products in the current fiscal year. However, achieving this goal remains challenging due to a combination of factors, including rising domestic prices, livestock smuggling, and underutilized export slaughterhouses.

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Ethiopia: ECX to Market Teff

Details
Published on 22 November 2023
Category: Capital Market and Commodity Exchange

Teff Teff

The Ethiopia Commodity Exchange (ECX) is gearing up to market flax, gulo fruit, and teff in the current fiscal year through a modernized marketing system. The completion of research on flax and malting barley has set the stage for these products to enter the market, with preparations underway to ensure their introduction does not adversely impact the domestic market.

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Ethiopia: A Plastic and Conduit Company Commences Operation in Adama

Details
Published on 22 November 2023
Category: Manufacturing

Adama PVC

A new plastic pipe and conduit manufacturing factory, established at a cost exceeding USD14 million in Adama Industrial Park, has commenced operations.

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Ethiopia Garners USD 169 Million from Horticulture Export

Details
Published on 22 November 2023
Category: Import and Export

farm

In the initial quarter of the current Ethiopian fiscal year, the Ministry of Agriculture reported that over USD 169.5 million was generated from the export of flowers, vegetables, and fruits. This performance surpassed 63.1 percent of the set plan, according to Mekonnen Solomon, the Horticulture Export Coordinator at the Ministry of Agriculture.

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Ethiopia: Raxio Inaugurates a Data Center in Addis

Details
Published on 22 November 2023
Category: ICT and Telecom

Raxio Data Center

Raxio's Data Center has inaugurated a new facility in Addis Ababa, aiming to boost digital inclusion and extend Ethiopia's ICT infrastructure.

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Ethiopia: Sidama Bank and Documents Authentication and Registration Services Agree to Collaborate

Details
Published on 22 November 2023
Category: Banking and Finance

Sidama Bank 101

Sidama Bank and the Documents Authentication and Registration Services (DARS) have officially partnered up to collaborate across a variety of fields. The agreement was signed at Sidama Bank's Head Office by CEO Tadesse Hatia and DARA Director General Degato Kumbi.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data - 21 November 2023

Details
Published on 22 November 2023
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 21 November 2023.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data - 20 November 2023

Details
Published on 21 November 2023
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 November 2023.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data - 17 November 2023

Details
Published on 18 November 2023
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 November 2023.

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Ethiopia: Preparations Underway to Implement a National Payment Gateway System

Details
Published on 15 November 2023
Category: Banking and Finance

EthSwitch Logo Logo 2

Ethiopia's National Switch (EthSwitch) is finalizing preparations for the nationwide implementation of a payment gateway system across banks and financial institutions.

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