Ethiopia: ECX added Mung Beans to its Trading Floor
Mung beans become the sixth commodity to be traded on the Ethiopian Commodity Exchange (ECX) trading floor on Wednesday, January 22, 2014, Fortune reported.
Ethiopia: ECX Adopts Five Level Coffee Quality Grading System
Ethiopian Commodity Exchange (ECX) is to compact the current ten levels of coffee quality grading to five levels to simplify coffee quality identification, Capital reported.
Ethiopia: ECX Auctions 17th Membership Seat for 1.6 Million Birr
Ethiopian Commodity Exchange (ECX) has transferred the 17th membership seat for Birr 1.6 million on an auction held on May 7, 2015, Addis Fortune reported.
Ethiopia: ECX Board of Directors Gets a New Chairperson
Sani Redi, Ethiopian Commodities Exchange’s (ECX) former board chairperson, is replaced by Yinager Dessie (PhD), governor of the National Bank of Ethiopia (NBE). ECX’s board of directors, which was formed recently, has a total of 11 members, of whom six are from government offices while the remaining five members represent the private sector.
Ethiopia: ECX Drafts Agreement to Modernize Wheat Sale Transaction
Ethiopian Commodity Exchange (ECX) held a consultation workshop today on a draft agreement that would modernize wheat sale transaction. The workshop was attended by agricultural experts and experts from Ethiopian Standard Agency. The draft agreement is prepared with a view to supporting Ethiopia’s ambition to become self-sufficient in wheat production and export the cereal to the international market.
