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The first ever GITEX Africa opens its doors in Marrakesh, Morocco on 31 May and will run until June 2nd, 2023. As Africa's largest trade fair for technology and start-ups, GITEX Africa's mission is to strengthen digital transformation cooperation and partnerships across the continent, shaping the vision for a more connected, inclusive and sustainable digital economy. As one of the key players at this event, Huawei, a Platinum Sponsor, is reaffirming its commitment to unleashing the potential of digital technology to guide Africa towards new and ever more promising horizons.

Sidama Bank has announced plans to open 130 branches across Ethiopia in the next financial year. The bank's president, Ato Tadese Hatia, said that the expansion was part of a strategy to increase capital and expand access to financial services.

The Ethiopian Investment Commission (EIC) has launched a new project to attract investment in the country's agro-processing sector. The project, which is supported by the International Finance Corporation (IFC), will focus on lead generation, outreach, follow-up, and conversion.

Russian automakers are exploring the possibility of establishing an assembly plant in Ethiopia. In early April, representatives from renowned Russian car manufacturers Lada and GAZ Group expressed their interest in investing in the Dire-Dawa Free Trade Zone in Ethiopia. During their meeting with the leadership of the Ethiopian Industrial Parks Development Corporation, the representatives expressed their desire to manufacture various products and supply them to the Ethiopian market.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 29 May 2023.

Bulga town which is located in North Shewa Zone of the Amhara Regional State has granted permission to 63 investors who collectively have a registered capital of over Birr 11 billion to engage in agriculture, food processing, steel manufacturing, and other industrial sectors.

Ethiopian students won third prize in the 7^th Huawei ICT Competition Global Final, which took place in Shenzhen, China, from May 24 to May 28, 2023.

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

Brand Finance named Ethiopian Airlines the fastest-growing airline brand globally, as the company announced the world's top 50 most valuable and strongest airline brands. The company’s 2023 report on the most valuable and strongest airline brands shows that Ethiopian Airlines, which is Africa's largest passenger and cargo carrier, has experienced a growth of 79%. It values the brand of the Ethiopian flag carrier to be USD 498 million.

Ethiopost sent a delegation to Tunisia to visit La Poste Tunisienne, Tunisia’s national postal company, and other key players in the country's financial sector with a view to expanding its reach.