Ethiopian Commodities Exchange Traded 3.3Bn Birr Worth of Commodities in April
Ethiopia Commodity Exchange (ECX) said it traded commodities amounting to a worth of 3.3 billion birr in the month of April.
Ethiopian Commodities Exchange Trades $1.2 Bn Worth of Commodities in the Recently Ended Fiscal Year
The Ethiopian Commodity Exchange (ECX) traded over $1.2 billion (33.8 billion birr) worth of commodities in the concluded Ethiopian budget year.
Ethiopian Commodity Exchange Authority to Open Branches in Regional Cities
The Ethiopian Commodity Exchange Authority is prepared to establish three branch offices in the regional cities of Gondar, Jimma and Harrar in the current fiscal year.
The branch offices will be in close proximity to warehouses in regional areas that are operated by the Ethiopian Commodity Exchange with the aim of assisting supervision by the management in Addis Ababa.
The plans to construct the three branches were developed in the previous financial year through a mandate given to the exchange as part of the proclamation that established the authority.
Ethiopian Commodity Exchange Expands Product Offerings
The Ethiopian Commodity Exchange (ECX) has announced plans to introduce three new products to its trading platform as part of its ongoing efforts to modernize and expand the country’s commodity market. The new products set to be integrated into the exchange include cotton, opal, and leather.
Ethiopian Commodity Exchange Launches Online Trading Platform
The Ethiopian Commodity Exchange (ECX) has launched an advanced online trading platform, a step towards modernizing the country’s trading systems and aligning with the Digital Ethiopia 2030 initiative.
