2merkato

Addis Ababa is set to host a construction exhibition under the theme “Big 5 Construct Ethiopia” between May 18 and 20 at the Millennium Hall. The exhibition is aimed at attracting companies and international construction agents who will transform the country’s construction industry.

Ethiopian Electric Utility is working to resolve power outages nationwide. It has allocated a budget of Birr 26 billion to address the problem.

The Ethiopian Securities Exchange has started its Capital Roadshow aiming to attract actors in the financial sector into buying shares and becoming stakeholders of ESX. It also announced that it would commence issuing licenses to capital brokers, dealers, and advisors in September this year.

One Africa Expo, a high-level Business-to-Business expo, is set to be held for the first time between the 20th to the 30th of May this year at the Ethiopian Museum of Art and Science Center, Addis Ababa.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 May 2023.

The Ethiopian Sugar Industry Group announced its commitment to completely replacing the country's sugar demand with domestic production within the next five years by scaling up sugar production from the current 3.6 million quintals to 13 million.

Wereilu, a Woreda in South Wolo Zone of Amhara Regional State, commenced selling opal from its opal mine production. South Wolo zone occupies the first place among the areas in Amhara Region which are identified as having high mineral resources. It is speculated that the zone is also endowed with other types of mineral resources including oil, opal and coal.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 15 May 2023.

Girma Wake, the Board Chair of Ethiopian Airlines Group, has confirmed that the company is taking steps to develop aviation fuel that will not harm the environment. He stated that Ethiopian Airlines Group had completed a study to create environmentally friendly aviation fuel locally and was in discussion with both the government and private sector to implement such plans. This helps the company to keep up with industry developments by exploring new methods and strategies.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 12 May 2023.