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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 August 2023.

Safaricom Ethiopia officially launched its M-PESA mobile financial services today following the receipt of a Payment Instrument Issuer License from the National Bank of Ethiopia three months ago.

Kenticha Mining (KMPLC) is poised to become the first producer of lithium in East Africa, with production scheduled to commence within the next three months. The company has already invested Birr 80 billion in the project, which is anticipated to generate 1,000 job opportunities.

Gada Special Economic Zone Development Corporation (GSEZDC) has signed a memorandum of understanding (MoU) with China Civil Engineering Construction Corporation (CCECC) to construct a logistics and export processing center which will be built on 1,000 hectares of land over the coming five years.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 15 August 2023.

Ethiopia and Hungary have signed a new bilateral air service agreement, amending the previous agreement that was established in 1973.

The Ethiopian Industrial Input Development Enterprise has reported a revenue of Birr 4.39 billion for the recently concluded fiscal year from the sale of industrial inputs, products, and other services.

Ethiopian Airlines, the largest network operating carrier in Africa is pleased to announce that it will commence a thrice weekly services to/from London-Gatwick starting from November 21, 2023.

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

The National Bank of Ethiopia (NBE) introduced reforms to its monetary policy in order to address the issue of inflation. The bank plans to reduce inflation to 20 percent by the end of the 2023/2024 fiscal year, and 10 percent by the end of the next fiscal year.