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The Ministry of Revenues (MoR) and National ID Program reached a deal to link tax identification numbers with national IDs. During the signing ceremony, Aynalem Nigussie, Minister of Ministry of Revenue, stated that the agreement would enable her office to save the foreign exchange that it used to purchase systems for the issuance of tax identification numbers. According to the Minister, the agreement would also help in facilitating the tax identification issuance process at the Ministry.

The Ethiopian Shipping and Logistics Services Enterprises (ESLSE) and AD Ports Group, an Abu Dhabi based company which provides transportation and logistics services, reached an agreement to sign a memorandum of understanding to work together in shipping and transportation services including land transport, free trade zone, cold storage, port and terminal, and feeder services.

The Industrial Parks Development Corporation (IPDC) signed an agreement with three companies which will enter Hawassa, Adama, and Kilinto Industrial Parks. The companies named Long March Electrical Equipment Manufacturing, NK World Medical Equipment Manufacturing, and Warka Trading, will be investing Birr 486 million in textile and pharmaceutical sectors.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 1 December 2022.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 November 2022.

Santim Pay Financial Share Company announced a digital financial payment system called Santim Pay. The system is entirely developed by Ethiopians in collaboration with Abyssinia Bank, Commercial Bank of Ethiopia, Bunna Bank, Awash Bank, Amhara Bank, Birhan Bank, Yimlu, and Tele Birr. It is expected to reduce the costs banks incur for software and POS machine purchases by 20%.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 29 November 2022.

Debre Birhan city is set to inaugurate 24 factories that will create employment opportunities for thirty thousand citizens. According to the city’s Industry and Investment Office, Debre Birhan is hosting 550 investments that have a collective capital of Birr 80 billion.

Ethio Telecom announced that it had made 4G LTE mobile internet service accessible for 181 towns across Ethiopia. Under its Phase-III 4G LTE Service Network Expansion Strategic Plan, it has made 67 towns beneficiaries of the service while implementing a network expansion project for 27 towns. Some of the towns where a 4G service was launched under the Network Expansion Strategic Plan include Babile, Bati, Gursum, Chinaqsen, Degehabur, Hargele, Bedessa, Deder, Gelemso, Kulubi. Mieso, Akista, Bati, Chefa Robit, Arerti, and Cheha.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 28 November 2022.