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Ethiopia Allocates Birr 45 Billion to Boost Mining Sector

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Published on 04 April 2025
Category: Energy and Mining

MoM Logo

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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Belgian and Luxembourg Trade Delegation to Visit Ethiopia in June 2025

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Published on 04 April 2025
Category: Latest Business Alerts

Belgium Luxembourg

A trade delegation composed of several companies from Belgium and Luxembourg is set to visit Ethiopia from June 1 - 4, 2025, as part of a broader initiative to explore trade and investment opportunities in the country.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 03 April 2025

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Published on 04 April 2025
Category: Capital Market and Commodity Exchange

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

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Ethiopia: CBE Disburses Over Birr 264 Billion in Loans

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Published on 03 April 2025
Category: Banking and Finance

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The Commercial Bank of Ethiopia (CBE) has disbursed over Birr 264 billion in loans over the past eight months, with the majority directed toward the private sector, according to its president, Abe Sano.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 02 April 2025

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Published on 03 April 2025
Category: Capital Market and Commodity Exchange

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

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Ethiopia Generates USD 366 Million from Horticulture Sector in Eight Months

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Published on 02 April 2025
Category: Import and Export

Horticulture Event 1

Ethiopia’s horticulture sector has generated USD 366 million in revenue over the past eight months, Minister of Agriculture Girma Amente (PhD) announced during the opening of the International Floriculture and Horticulture Trade Fair at Millennium Hall. The three-day event, which was opened yesterday, is being held under the theme "Horticulture for Sustainable Ethiopia."

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 01 April 2025

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Published on 02 April 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 01 April 2025.

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National Bank of Ethiopia to Hold Biweekly Foreign Exchange Auctions

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Published on 01 April 2025
Category: Banking and Finance

NBE Logo LogoThe 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.

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Ethiopia Achieves USD 2.7 Billion in Import Substitution

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Published on 01 April 2025
Category: Import and Export

import-export

Ethiopia has shown progress in its import substitution strategy, producing goods worth USD 2.7 billion in the first eight months of the current fiscal year, according to the Ministry of Industry.

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TOYO Solar Expands Ethiopian Operations with USD 47 Million Investment

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Published on 01 April 2025
Category: Manufacturing

Toyo Solar 2

TOYO Solar has announced an expansion of its solar cell manufacturing capacity at the Hawassa Special Economic Zone (HSEZ) with a USD 47 million investment, bringing its total investment in Ethiopia to nearly USD 110 million.

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