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Ethiopian Airlines and Safaricom Ethiopia unveiled the introduction of the M-PESA Wallet as a payment method. The M-PESA Wallet serves as an online mobile payment solution, streamlining the booking process for Ethiopian and cross-border customers. With the M-PESA Wallet, travelers can conduct online bookings, payments, and ticket purchases.

Ethiopia's Coffee and Tea Authority is pioneering an initiative to elevate the spice industry by drafting a proclamation aimed at boosting its growth. Recognizing the sector's potential for generating significant foreign currency and fostering socioeconomic development, the government is stepping in to monitor and support spice development and marketing.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 January 2024.

The Ethiopian Sugar Industry Group has declared the commencement of sugar production for the 2024 season at the Omo Kuraz No. 3 Sugar Factory, as sugarcane grinding operations are now underway. The production plan for this year aims to yield 245,927.5 quintals of sugar, utilizing 4,600.5 hectares of land dedicated to sugarcane cultivation.

Over the past six months, Ethiopia's coffee sector generated more than USD 571.4 million in international trade revenue, according to the Ethiopian Coffee and Tea Authority.

Ethio Telecom has announced its financial results for the first half of the current fiscal year. The company reported a net profit of Birr 11 billion, representing a significant 14% increase compared to the same period last year.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 January 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 January 2024.

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

Nirvana Processing, an Indian Company, is set to commence agro-food processing in Ethiopia's Bahir Dar Industrial Park with a 5 million USD investment.