2merkato

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.

Ethiopia's population has reached an estimated 135.3 million, according to the 2025 World Population Report released by the United Nations Population Fund (UNFPA). The milestone comes as the country embarks on revising its National Population Policy, originally adopted in 1985.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 21 July 2025.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 July 2025.

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is working on a new payout mechanism designed to support depositors, particularly first-time savers.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 July 2025.

The Ministry of Transport and Logistics has announced that over 400 electric vehicle (EV) charging stations are now operational in Addis Ababa. State Minister Ato Bero Hassan emphasized, however, that more infrastructure is needed to support the growing number of electric vehicles in the city. Currently, about 90 high-capacity charging stations serve various areas of Addis Ababa, but more are required to meet demand.

Ethiopia’s Ministry of Finance, in partnership with the Ethiopian Railways Corporation, has issued an invitation for global and local investors to express interest in the development of the Indode Intermodal Rail Terminal, Dry Port, and Logistics Center. Located just 26 kilometers southeast of Addis Ababa, the project is a key part of the country’s broader push to enhance private sector involvement in the transport sector.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 July 2025.