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Ethiopian Coffee and Tea Authority disclosed that more than 1,000 farmers were licensed to export coffee during the past three years. Among these farmers, 100 have been able to export coffee directly to foreign markets.

Commercial Bank of Ethiopia (CBE) said it was increasing the use of technology in its financial services and able to facilitate more than Birr 1.9 trillion in digital transaction in 2022.

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

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 December 2022.

Omo Bank announced that it was able to collect a revenue of Birr 1.5 billion during the 2021/2022 fiscal year. The bank also distributed loans which total Birr 3.5 billion. In addition, its total assets have reached Birr 12 billion.

The Ministry of Industry announced that 663 manufacturing industries became operational in the past 5 months creating employment opportunities for 9,600 individuals. The Ministry also stated that domestic products substituted import goods worth USD 708 million during the same period.

According to Melaku Alebel, Minister of Ministry of Industry, the manufacturing sector is being revived while investors are entering new investment areas. The country was able to export goods worth USD 161 million since the start of the current fiscal year.

Source: Ethiopian Press Agency

Ethiopian Airlines announced in a press release sent to 2merkato.com on 27 December 2022 that flights to Mekelle would start from Wednesday, 28 December 2022.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 December 2022.

The Ministry of Tourism unveiled services on Friday last week that would help the tourism sector of the country. Accordingly, the Ministry introduced a mobile application called Visit Ethiopia, a smart card service named Tourist Smart Card, and an application called Guzo which enables users to save money for tours at the Commercial Bank of Ethiopia.

Land Bank and Development Corporation announced that it was working to attract investment in real estate, health, hospitality, education and other sectors. It will be hosting an international forum under the theme Invest Origins in January. It has also made 2,000 hectares of land ready in Addis Ababa for investors who will engage in health, hospitality, education, and ICT investment sectors.