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The Addis Ababa City Council, in its 4th regular session now on its second day, has approved the city’s 2025/26 fiscal year budget totaling Birr 350.13 billion, a 45 percent increase, or Birr 108 billion more than last year.

The Central Bank of Russia has officially set the exchange rate of the Ethiopian birr against the Russian ruble, paving the way for direct trade and financial transactions between the two countries.

The Ministry of Labor and Skills (MoLS) has announced plans to establish incubation and acceleration centers in 100 Technical and Vocational Education and Training (TVET) colleges next year, aiming to cultivate a vibrant startup ecosystem nationwide.

Ethiopian Stock Exchange (ESX) has officially commenced trading. The launch event, held today, was attended by senior government officials, bank presidents, and development partners.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 July 2025.

The Ethiopian Deposit Insurance Fund (EDIF) has announced it has collected Birr 13.84 billion in initial and annual premiums from member financial institutions over the past two years. The update was shared during an awareness workshop aimed at enhancing understanding of the Fund’s role among investors and stakeholders.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 July 2025.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 08 July 2025.

A new tourism website aimed at enhancing the digital presence of Ethiopia’s travel sector has officially been launched. Developed by the Information Network Security Administration (INSA) in partnership with the Ministry of Tourism, the platform is designed to serve as a one-stop hub for both local and international tourists.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 07 July 2025.