2merkato

Ethio Telecom announced that it earned Birr 162 billion in revenue during the 2024/25 Ethiopian fiscal year, marking a significant milestone in its ongoing digital transformation efforts.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 July 2025.

The Ethiopian government plans to raise Birr 171 billion through biweekly Treasury bill (T-bill) auctions in the first quarter of the new budget year, marking a shift from relying on direct central bank advances to market-based financing.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 July 2025.

SanuPay, a Kenyan fintech company, in partnership with global payment software provider OpenWay, has launched Ethiopia’s first domestic credit card. This milestone marks a major advancement in the country’s financial sector as it moves toward modernized payment solutions.

The Ministry of Agriculture has launched the National Horticulture Strategy and the Flagship Program for Plantation Development, aiming to boost Ethiopia’s horticulture sub-sector over the next decade.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 July 2025.

The Ethiopian Statistical Service (ESS) has announced plans to launch a nationwide Economic Establishment Census in September. The census aims to provide updated information on the country’s business landscape, covering both formal and informal sectors across micro, small, medium, and large enterprises.

SantimPay Financial Solutions has officially commenced the assembly of Point of Sale (POS) machines in Ethiopia, marking a step toward reducing reliance on imported payment technology. The inauguration ceremony was held today at the Science Museum and attended by Dr. Belete Molla, Minister of Innovation and Technology, alongside senior executives from the banking sector.

The Addis Ababa Trade Bureau reported that 99 percent of its services were delivered digitally during the 2024/25 fiscal year. The Bureau also announced that it took enforcement action against 36,800 illegal traders, reducing unlicensed commercial activities in the capital.