2merkato

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.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 August 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 9 August 2023.

The Ethiopian Communications Authority (ECA) revealed that it would issue a second telecommunications license by the end of 2023. The entire licensing process could take two to three months allowing the third license to be issued in either November or December 2023.

The Ethiopian Investment Commission (EIC) announced that the country received USD 3.4 billion in foreign direct investment (FDI) by registering 269 investment projects in 2022/23. The registered projects were in a variety of sectors, including agriculture, manufacturing, mining, and information technology.

Ethiopian Airlines is set to receive eight new passenger aircraft and expand its international destinations by six in the coming months. The airline has placed orders for a total of 26 aircraft from Boeing and Airbus, with eight of them scheduled for delivery in the near future.

The Ethiopian Investment Commission (EIC) and the Industrial Parks Development Corporation of Ethiopia (IPDC) have signed Memorandums of Understanding (MoUs) with the China Civil Engineering Construction Corporation (CCECC).