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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.

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

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."

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

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.

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.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 31 March 2025.

The Commercial Bank of Ethiopia (CBE) and MasterCard have introduced a new range of plastic and virtual payment cards. The move aims to provide secure and seamless access to global digital payments for CBE customers.

Ethiopian Airlines Group and Archer Aviation have signed an agreement to introduce Archer’s "Launch Edition" Midnight aircraft, a groundbreaking step in bringing electric Vertical Take-Off and Landing (eVTOL) technology to Ethiopia and the wider African continent. The collaboration aims to develop an air taxi network and promote eco-tourism.