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The Governor of the National Bank of Ethiopia, Mamo Mihretu, has stated that the bank is working hard to finalize a regulatory framework that will allow foreign banks to operate in Ethiopia. This is part of an effort to deepen financial intermediation, regulate the financial sector, and accelerate digitization efforts.

The Ethio-Djibouti Railway (EDR) has announced its plan to increase its annual freight turnover capacity from two million to six million within the next five years. An additional goal on the company's agenda is a rise in revenue from Birr three billion to eight billion annually.

The next "India-Africa ICT Expo" set to take place in Addis Abeba, Ethiopia on August 9–10, 2023, was discussed during a meeting between the Director General of Telecom Equipment and Services Export Promotion Council (TEPC) and the Ethiopian Ambassador to India, Demeke Atnafu.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 31 July 2023.

Ethiopian Industrial Inputs Development Enterprise (EIIDE) has created a 10-year strategic plan to achieve international competitiveness and seize the finest market prospects in the area.

For the current fiscal year, the Ministry of Revenues (MoR) has set a goal of collecting Birr 529 billion in taxes. This represents a 17% increase over the prior fiscal year.

During the 2022/2023 fiscal year, Ethiopia's horticulture export industry generated USD 660 million in revenue. The sector is anticipated to reach USD 731 million in the upcoming 2023/2024 crop season.

The Federal Democratic Republic of Ethiopia has extended the bid submission date for the privatization of 8 state-owned sugar enterprises to October 5, 2023, from the original submission date which was August 3, 2023.

Chinese car manufacturer, Chery Commercial Vehicles International Corporation, is planning to explore investment opportunities in Ethiopia and will be sending representatives to the country soon. The company's General Manager, Mr. Jean Cui, discussed the possibility of establishing an assembly plant for Chery Commercial Vehicles in Ethiopia during a meeting with the Ethiopian Ambassador to China, Tefera Derbew.

Amhara Regional State issued investment licenses to 4,724 investors with a combined capital of Birr 483.7 billion during the concluded fiscal year. Around 957,000 jobs are anticipated to be created once these investments are up and running, with manufacturing being the primary industry for the approved investments. The sector earned 1,477.7 hectares of the total 32,157 hectares of land allotted to 1,288 investors.