Ethiopia Allocates Birr 45 Billion to Boost Mining Sector

The Ethiopian government has allocated Birr 45 billion to implement ten new initiatives aimed at strengthening the mining sector and increasing foreign currency earnings, the Ministry of Mines announced.
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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 03 April 2025.

The National Bank of Ethiopia (NBE) has announced plans to hold regular foreign exchange auctions every two weeks, beginning with a USD 50 million auction scheduled for today. This initiative, which will continue for the next several months, aims to stabilize the foreign exchange market and ensure a steady supply of foreign currency to the private sector.

