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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.

Jerome Henique, the CEO of Orange Middle East and Africa, met with Eyob Tekalign, the State Minister of Finance, to discuss investment opportunities in the telecom sector and potential collaboration.

The Ethiopian Coffee and Tea Authority issued a guideline to boost the growth and revenue of Ethiopia's coffee production. This guideline is expected to allow the Authority to collaborate with the International Trade Center and enhance the supply and marketing of coffee products in the value chain of the sector.

The 6th China International Import Expo Promotion Conference was held in Addis Ababa, with the aim of strengthening the trade ties between Ethiopia and China. Senior government officials, importers, exporters, and various stakeholders from both countries attended the forum.

The National Bank of Ethiopia (NBE) issued a mobile money service license to Safaricom M-Pesa Mobile Financial Service PLC, a subsidiary of Safaricom Telecommunication Ethiopia PLC, making the company the first foreign investor to be granted the license in Ethiopia.

The Ethiopian Embassy in Ankara, in partnership with the Eskisehir Chamber of Industry, organized a business forum in Eskişehir, Turkey, on May 10, 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 11 May 2023.