Emmanuel Nnadozie, Executive Secretary to African Capacity Building Foundation (ACBF), remarked that Ethiopia has become “ideal for success” due to economic growth triggered by the right policies.
The Economist Events’ Ethiopia Summit is going to be held on October 28th and 29th, 2015, at the Sheraton Hotel in Addis Ababa, The Reporter reported.
European Council on Trade and Tourism (ECTT) said Ethiopia has the potential to draw 20 million tourists in the coming ten years if it strengthens the undergoing tourism development efforts.
The Ethiopian Commodity Exchange (ECX) has accepted all the participants, except one, of its exclusive auction for farmers’ cooperatives seats on May 16, 2013. ECX floated the 30 seats in April 2013, reserving 12 for coffee, 10 for sesame and five for haricot supplying cooperatives, with the remaining three left open for other commodities.
The bid has attracted few participants despite the exchange has postponed the closing date of the bid to encourage more cooperatives to participate. ECX said 25 cooperatives had bought the bid document, but only 19 made offers.
Ethiopian Commodity Exchange (ECX) disclosed it signed a Memorandum of Understanding (MoU) with a government led exchange from Mozambique, Bolsa de Mercadorias de Mozambique (BMM), which models the ECX in its establishment.
