2merkato

Debre Birhan city announced that it was working to enable 24 industries start production within the second half of the current fiscal year. The city made the same announcement in November last year.

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

Ethiopian Capital Market Authority (ECMA) announced that it was finalizing preparations to launch the Ethiopian Capital Market. The Authority has already issued 8 draft regulations and directives on the capital market for public consultation. It is also drafting other directives which will be enacted in the near future.

The first half of the current fiscal year saw the registration of 189,698 vehicles on Telebirr. According to the announcement of the Ministry of Trade and Regional Integration (MoTRI), the vehicles were registered on the digital cash platform to access fuel subsidies after the Government began implementing fuel supply reform measures and the Ministry and Ethio Telecom signed a memorandum of understanding.

Ethiopia signed a Memorandum of Understanding (MoU) with China on February 21, 2023 in Beijing to establish an economic cooperation group which was aimed at enhancing economic and trade relations between the two countries.

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

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 21 February 2023.

Ethiopia collected USD 250 million over the past seven months by exporting oilseeds and grains. Sesame, Niger, and Castor bean were the most exported oilseeds while soybean claimed the lion’s share in the export of grains.

Ethiopia, Burundi, and Niger will become beneficiaries of China’s zero-tariff treatment starting from March 1, 2023. The treatment targets 98% of taxable items which are exported from the three countries to China. 

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 February 2023.