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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 May 2023.

Huajian Group, a Chinese footwear company, revealed its plans to expand its investment in Ethiopia and establish the country as a major manufacturing hub in Eastern Africa.

Ethiopia amassed USD 3.06 billion from the tourism sector in the past nine months. During the aforementioned period, more than 774,000 foreign tourists visited Ethiopia.

Kim Young-han, CEO of Jeju Coffee Farm who is renowned as the "Coffee Virtuoso" of Jeju Island, has expressed interest in expanding research on Ethiopia's coffee beans. He aims to add value to the beans by producing beverages like "wine" and creating cosmetics from them.

Ethiopia earned USD 550 million between July and March of the current fiscal year from the export of horticultural products.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 May 2023.

Domestic products substituted import goods worth USD 1.9 billion during the past nine months of the fiscal year. Commenting on the achievement, the Ministry of Agriculture, the Ministry of Revenues, and the Ministry of Industry stated that they would be able to achieve their plan for the current fiscal year.

Abu Dhabi hosted the Ethio-UAE Business Forum which was attended by Ethiopia’s Investment Commission (EIC) Commissioner, Lelisie Neme, and Ethiopia’s Ambassador to the UAE, Oumer Hussein.

Federal Documents Authentication and Registration Service (DARS) revealed that it was working to fully digitalize its services aiming to deliver reliable and speedy services to its customers. The institution’s 80% of services are already being delivered online.

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