2merkato

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 July 2023.

The Ethiopian Investment Commission and the Embassy of China in Addis Ababa are hosting a three-week seminar and training on Investment Promotion for Ethiopia in Beijing, China. The seminar, which runs from July 14 to August 4, 2023, aims to promote mutual learning and exchange, deepen friendships, and create a platform for international exchange and cooperation among developing countries.

The Industrial Parks Development Corporation and the Asia-Africa Chamber of Commerce have formed a partnership by signing a memorandum of understanding. The CEO of the Industrial Parks Development Corporation, Akilulu Tadese, and the President of the Asia-Africa Chamber of Commerce, GD Singh (Dr.), signed the agreement.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 19 July 2023.

The Documents Authentication and Registration Service (DARS) has announced that it has processed 897,071 cases and received over Birr 1.77 billion in the 2022/2023 fiscal year. Alemshet Meshesha, the service's Public Relations and Communication Director, stated that they had achieved their set plan for the period.

The Ethio-Djibouti railway has seen a significant increase in revenue in the 2022/2023 fiscal year, earning Birr 3.3 billion. This is a 35% increase from the previous period. The railway transported 2.1 million tonnes of cargo and 124,000 passengers during the year.

Ethio telecom's Mobile Money business, Telebirr, had 34.3 million subscribers and a total transaction value of Birr 679.2 billion in the 2022/23 fiscal year. The company generated a total revenue of Birr 75.8 billion, achieving 101% of its target. The total number of subscribers reached 72 million, an increase of 8% from the previous year. Mobile voice subscribers were 69.5 million, data and internet users were 33.9 million, and fixed broadband subscribers were 618.3K.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 July 2023.

The Addis Ababa Chamber of Commerce and Sectorial Associations (AACCSA) has launched the Institute of Directors (IoD) in Ethiopia. The IoD, the first of its kind in Ethiopia, seeks to advance good governance by making effective use of resources, abiding by rules and regulations, promoting openness, and developing capacity.

The Investment Commission of the Tigray Regional State's Interim Administration has announced that 55 investors with registered capital exceeding Birr 20 billion in the Tigray Region have been granted investment permits.

These permits were granted to investors engaged in socially and economically beneficial fields, primarily in agro-processing, manufacturing, construction equipment supply, tourist accommodation, and mining, from January to June 2023, according to the Development Investment Management Division of the Commission.

The licensed investors are expected to create job opportunities for 10,000 young people when they launch their production and services next year. The Commission is also conducting a survey to determine the status of over nine thousand investors who were previously engaged in investment in the region before the Tigray war.

Source: Ethiopian News Agency