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The Ethiopian Conformity Assessment Enterprise (ECAE) is expanding its services to the Horn of Africa region to generate income. ECAE has been modernizing its testing laboratory and inspection and certification services to provide quality and effective services.

The Tulu Kapi gold mine, which is Ethiopia's first modern industrial-scale gold producer, is scheduled to begin operations in September. The mine has a capital investment of over 500 million USD and has completed all necessary preparations to commence its activities.

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

The Somali Regional State's Investment and Industry Bureau has granted new investment licenses to developers who registered a capital of Birr 11.4 billion in the last financial year.

Russian President Vladimir Putin pledged to increase trade, economic, and humanitarian ties between Russia and Africa during his speech at the second Russia-Africa Summit in Saint Petersburg. He stressed Russia's commitment to cement cooperation with African countries in the areas of energy, mining, infrastructure, education, health, and ICT sectors.

A delegation from Ethiopia met with WTO officials in Geneva on July 26th to discuss the resumption of negotiations for Ethiopia's accession to the WTO. The delegation, led by Minister of Trade and Regional Integration Gebremeskel Chala, met with WTO Deputy Director-General Mr. ZHANG Xiangchen and Ms. Rebecca Fisher-Lamb, the Chairperson of the Working Party on the Accession of Ethiopia.

Ethio Telecom has revealed its three-year growth plan, which includes the annual business plan for the 2023/24 fiscal year. It plans to offer local and international products and services to the market, expand telebirr's access, service types, and partner network, enhance service delivery, and increase customer satisfaction, retention, and loyalty.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 July 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 July 2023.

In the 2022/2023 fiscal year, the Benishangul Gumuz Regional State received a total of 40,600 tourists, resulting in an income of Birr 103 million 199 thousand. Out of the total visitors, 40,000 were domestic tourists and 600 were foreign tourists. This represents an 18 percent increase in the performance of the tourism sector compared to the previous year. The improved performance can be attributed to factors such as relative peace in all three zones of the region, the development of tourist destinations, and their accessibility to visitors.