2merkato

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 January 2023.

Ethiopian Airlines, Africa’s leading carrier, announced in a press release sent to 2merkato.com that it would launch a new passenger flight to Copenhagen, Denmark as of 22 May 2023. The new flight will be operated five times a week except on Tuesdays and Sundays.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 January 2023.

An investment forum called Invest Origins which is organized by Land Bank and Development Corporation (LBDC) will be held in Addis Ababa between January 26 and 27 at the Ethiopian Science Museum. The forum is aimed at attracting investors to invest in the country in areas of housing, health, education, hospitality, and ICT.

Ethiopia’s largest Fast Moving Consumer Goods (FMCG) platform, SAMANU, will receive a USD 21 million growth capital investment from Norfund, the Norwegian Investment Fund for Developing Countries, and a consortium of private investors managed by 54 Capital.

Domestic products substituted import goods worth USD 1.1 billion during the first half of the 2022/2023 fiscal year. Manufacturing companies were also able to generate USD 194 million from export trade.

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

Ethiopian Investment Commission (EIC) and Dubai International Chamber of Commerce agreed to form an alliance to promote the investment opportunities in Ethiopia to investors in Dubai.

Omo Bank secured a gross profit of Birr 77 million during the past six months. The bank got approval from the National Bank of Ethiopia to transition from a micro finance institution to a bank in June last year.

South Sudan licensed Tele Mobile which would be the fourth telecom service provider in the country after MTN, D.G. TEL, and Zain Telecom.