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

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

The Ministry of Industry revealed that the government targeted the substitution of edible oil import with domestic products by developing and harnessing the country’s potential in oilseeds production.

The Council of Ministers endorsed and forwarded the draft Procurement and Asset Management and Mineral Resources Development Proclamations to the House of Peoples’ Representatives.

SINOMA International, a Chinese company, disclosed that it would like to explore investment opportunities in Ethiopia during a discussion with Ethiopia’s Ambassador to China, Tefera Derbew. The company is keen to engage in cement manufacturing in the country.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 April 2023.

Ethiopian Commodity Exchange (ECX) started trading rice digitally on April 6, 2023 by trading grade one rice entered by ECX’s Bure branch for Birr 6,400 per quintal. A total of 60 quintals of rice were traded for Birr 383,232 on the same date.

The Ministry of Labour and Skills penned an agreement with Orient International Holdings, a Chinese company, to provide training to Ethiopian professionals who are in the textile industry and prepare them for the international market.

The Commercial Bank of Ethiopia (CBE) launched an international remittance service phone application called CashGo in collaboration with Golden Coffee Roastery PLC. The app will allow customers of CBE to remit money from countries such as Canada, Israel, America, Italy, South Africa, Sweden, UAE, England, and Saudi Arabia using their mobile phones via MasterCard and Visa Card.

Kefta gave training to 20 women-owned micro and small enterprises (MSE’s) in collaboration with Care Ethiopia.

The training focused on how the enterprises could use the services of Kefta and win tenders/bids, and promote their businesses, services and products. The enterprises have access to the Kefta package thanks to the opportunity availed to them by Care Ethiopia.