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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 6 April 2023.

Ethiopia provided 58.01% of Kenya’s January import of electricity. The drought in Kenya forced the country to import a record 68.48 kilowatt-hours of power due to reduced local hydro-power generation. Ethiopia was able to gain USD 39.73 million from the export.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 5 April 2023.

Coffee quality inspection and certification centers are expected to be opened in Jimma and Hawassa on April 6 and 11, respectively. According to the Ethiopian Tea and Coffee Authority (ETCA), coffee will be exported directly from the centers.

Dubai Investments Park (DIP) disclosed that it was planning to construct an industry park in Ethiopia in collaboration with the Industrial Parks Development Corporation of Ethiopia.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 4 April 2023.

Benishangul Gumuz Regional State disclosed that the revenue it earned from gold during the past nine months of this fiscal year was registered to be low when compared to the same period during the last fiscal year.

The Ethiopian Customs Commission (ECC) allowed 193 companies to be the beneficiaries of the “Privileged Economic Operators Program”. The program will give the recognized companies the opportunity to get quick services at any customs office of the Commission and Government institution.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 3 April 2023.

Hijra Bank agrees with Rays Micro Finance to utilize Sahaypay mobile money, the fastest growing mobile money system in Ethiopia. The customers of the two financial institutions will be able to transfer finance once the agreement starts being implemented. Rays Micro Finance implements Real Time Gross Settlement System (RTGS) to transfer money across banks.

Rays Microfinance Institution S.C. was established on in 2014. It finances goods, machineries, equipment, livestock trade, agriculture, construction, and small industries. Hijra Bank currently has 250,000 customers.

Source: The Ethiopian Herald