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Abai Bank and Safaricom M-PESA have partnered to create a strategic business relationship. Abai Bank has been designated as Safaricom's M-Pesa super agent, responsible for facilitating mobile banking and agent banking activities.

Dashen Bank, one of Ethiopia's largest banks, has received a USD 40 million loan from the British International Investment (BII) and the Dutch Entrepreneurial Development Bank (FMO). The loan will help Dashen Bank strengthen its export lending capabilities and support agricultural product exporters by facilitating the purchase of new machinery.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 28 August 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 August 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 August 2023.

Ethiopian Electric Power (EEP) has announced its intention to sell electricity to local companies in foreign currency, marking the first time such a move is being made.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 August 2023.

In addition to being recognized as the birthplace of humanity, Ethiopia's hottest region, Afar, boasts several captivating tourist attractions such as Awash National Park, Dallol, Erta Ale, Lake Afedera, and Alalo Bad Fel. However, the region’s tourism sector experienced a slow growth over the past three years.

Small-scale avocado farmers in Lommee District, located in the East Shewa Zone of Oromia State, Ethiopia, are making preparations to export 857 quintals of avocado products to Spain.

Ethiopian Investment Commission (EIC) and Antex Textile PLC inked a memorandum of understanding (MoU) to collaborate on the development of affordable housing for the company's workforce in Adama Industrial Park.