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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.

The Ministry of Industry announced that three Integrated Agro Industrial Parks (IAIPs), Bure, Bulbula, and Yirgalem, were open to investors. Bure IAIP, which is situated in Amhara Regional State and built at a cost of Birr 8 billion, has already attracted the interest of 103 investors.

The price cap on sesame seeds trading at the Ethiopian Commodities Exchanges (ECX) was lifted last week. The Ministry of Trade and Regional Integration (MoTRI) disclosed the decision to Capital Newspaper citing inflation on the product which led to the removal of the price cap. However, Kassahun Gofe, MoTRI State Minister, indicated that the Ministry might reintroduce the price cap if extraordinary price surges appeared.

Mines Resource Development Bureau of Amhara Regional State gave inspection licenses to 11 investors who would engage in cement manufacturing. The investors are expected to start construction after concluding their tests. Two companies have already started constructing their factories.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 November 2022.

Ethiopian Investment Commission (EIC) announced that Ethiopia was working towards establishing special economic zones with a view to improving international trade connectivity and attracting foreign direct investment. To realize this goal, a draft proclamation on special economic zones is prepared which is aimed at promoting regional and international trade relations by enhancing the environment of free trade zones and industrial parks.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 November 2022.