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Ethiopian Airlines Group is set to build a shed in Killinto Industrial Park for the manufacturing of aerospace components such as aircraft thermo-acoustic insulation blankets, electrical wire harnesses, and various other components.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 August 2023.

Yirgalem Integrated Agro Industrial Park reported earnings of over USD 2.1 million dollars from its exports in the previous fiscal year. The park primarily exported avocado crude oil, processed milk, and a variety of flavored juices.

The Ethiopian Coffee and Tea Authority secured over USD 11 million in export earnings from spices in the recently concluded Ethiopian Fiscal Year.

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.