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Wegagen Capital Investment Bank S.C. has officially launched operations, becoming Ethiopia’s first private investment bank under the country's new capital market framework.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 03 June 2025.

In a regulatory shift aimed at improving professionalism in the coffee export sector, the Ethiopian Coffee and Tea Authority has planned to raise the minimum capital requirement for obtaining a coffee exporter qualification certificate from Birr 1.5 million to Birr 15 million, a tenfold increase.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 02 June 2025.

Japanese electric vehicle manufacturer and distributor, Dodai Manufacturing, has officially partnered with the Addis Ababa Transport Bureau in a move aimed at promoting electric mobility and sustainable urban transport in Ethiopia’s capital.

Chinese manufacturing giant Huajian Group has signed a USD 100 million investment agreement to launch operations in Ethiopia’s Gada Special Economic Zone, focusing on solar energy production and exports.

The Amhara region has saved more than USD 113 million over the past 10 months by producing 1.43 million tons of rice, reducing the need for costly imports and bolstering the local economy, officials announced.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 May 2025.

The Oromia Tourism Commission has announced a space tourism initiative in partnership with the Ethiopia Space Science and Geospatial Institute, marking a step to transform the region’s tourism sector.

The Ministry of Tourism has awarded five-star ratings to eleven hotels in the capital following a comprehensive re-evaluation conducted for the 2024/25 Ethiopian budget year. The reassessment, aimed at maintaining national hospitality standards, covered 40 hotels - 34 existing and six newly established properties.