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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 31 January 2023.

The Ethiopian Investment Commission (EIC) and the Embassy of the United Arab Emirates in Ethiopia held a discussion on strengthening investment ties between Ethiopia and the UAE. The parties raised various issues including investment promotion and aftercare services and reached an understanding to attract more UAE investments to Ethiopia.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 January 2023.

Ethio Telecom launched various services today. The company’s new services include a music mobile application called Elf Music, a database service named Teledrive Mobile Database Service, and cloud solution services called Infrastructure as a Service (IaaS) and Software as a Service (SaaS).

Fincha, Wonji Shewa, Omo Kuraz II, and Omo Kuraz III sugar factories resumed production. Ethiopian Sugar Industry Group further announced that Tana Beles, Kesem, Arjo Dedesa, and Metehara sugar factories were under maintenance and will be back in the market starting from March, 2023.

Commercial Bank of Ethiopia (CBE) announced that it had launched an app called Ethio Direct, a time efficient and easy to use digital remittance service.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 January 2023.

The Ethiopia Capital Market Authority (ECMA) which was established in June 2022 is working to launch the Ethiopian Capital Market in two years. The regulatory framework for the capital market came into picture in 2021 when the National Bank of Ethiopia (NBE) issued the Capital Markets Proclamation No. 1248/2021.

The Industrial Parks Development Corporation (IPDC) inked memorandums of understanding with 8 manufacturing companies and four finance institutions which were ready to enter the Dire Dawa Free Trade Zone.

The Ministry of Industry (MoI) announced that it would enable 179 manufacturing companies that stopped working due to various problems to go back to business in the coming six months. Bank debts, shortage of inputs, and inability to meet tax obligations are some of the problems that drove the companies out of market.