2merkato

The Ethiopian Petroleum and Energy Authority (EPEA) announced that a petroleum control bill aimed at regulating and overseeing the operations of oil marketing and distribution was being drafted. The bill serves to establish a structured operating system and enable legal and administrative actions against any illicit activities discovered.

The African Economic Conference (AEC) serves as the primary pan-African platform for addressing emerging economic opportunities and challenges. This year, the conference will take place from November 16-18, 2023, adopting a hybrid format with the physical venue at the UN Conference Centre in Addis Ababa, Ethiopia.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 October 2023.

In the first quarter of the current fiscal year, Ethiopia replaced imports amounting to USD 350 million.

The Commercial Bank of Ethiopia (CBE) announced that its digital financial transaction volume had exceeded Birr 1.3 trillion in the first quarter of the current fiscal year.

The Ministry of Industry has unveiled its ambitious strategy to propel the growth of the manufacturing industry sector to a remarkable 10.5 percent over the next three years.

Ethiopia has unveiled a new program which aims to enhance the productivity and quality of honey, supported by the Norwegian government and the United Nations Industrial Development Organization (UNIDO).

Ethiopia has launched an initiative aimed at establishing commercially viable and sustainable forage markets specifically for dairy producers.

The Ministry of Trade and Regional Integration announced that agricultural exports had generated over USD 172.9 million during the first three months of the 2023/2024 fiscal year.

APIMOSO, a Czech water treatment company, revealed that it was in discussions with the Ethiopian Ministry of Health and water and sewerage authorities regarding the supply of mobile water treatment machines and water purification equipment.