2merkato Tenders

2merkato Ethiopia Business News Daily Summary - News articles published on 10 Feb 2025

Ethiopia's Telecom Market Set for Expansion with Third Operator in the Pipeline

Ethiopia’s telecommunications market is gearing up for further growth, with the arrival of a third telecom operator expected by late 2025 or early 2026, according to the Ethiopian Communications Authority (ECA). Although the ECA paused new license issuance in mid-2023, this move is intended to foster a more favorable investment climate before welcoming new global players.

https://www.2merkato.com/news/it-and-communication/8304-ethiopia-s-telecom-market-set-for-expansion-with-third-operator-in-the-pipeline

Zeeleons Powerhouse General Trading
https://www.2merkato.com/directory/41190-zeeleons-powerhouse-general-trading

እንደምን አደራችሁ!

የጨረታ ማስታወቂያ!

በአዲስ አበባ ከተማ አስተዳደር የአቃቂ ቃሊቲ ክፍለ ከተማ የወረዳ 2 አስተዳደር የቢሮ ቋሚ እቃዎች ኮምፒውተሮች፣ ላብቶፕ እቃዎች ለመግዛት ይፈልጋል

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/67a72bde261059310692d065
ይመለክቱ ወይም 0975616161 ይደውሉ።

BILI AGRO BUSINESS Pvt. Ltd. Co.
https://www.2merkato.com/directory/41191-bili-agro-business-pvt-ltd-co

እንደምን አደራችሁ!

የጨረታ ማስታወቂያ!

ኢትዮ ቴሌኮም ደቡብ ሪጅን ጽ/ቤት የውሃ ጉድጓድ ቁፋሮ፣ ለኮንክሪት መንገድ ሥራ፣ የአጥር እና ጥበቃ ቤት እና የግንብ ሥራ በግልጽ ጨረታ አወዳድሮ ማሠራት ይፈልጋል

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/67a5a6712610593106905b21
ይመለክቱ ወይም 0975616161 ይደውሉ።

Safe Valor Trading PLC
https://www.2merkato.com/directory/41189-safe-valor-trading-plc

እንደምን አደራችሁ!

GIBI Landscape
https://www.2merkato.com/directory/40819-gibi-landscape

እንደምን አደራችሁ!

2merkato Ethiopia Business News Daily Summary - News articles published on 04 Feb 2025

1. Ethiopia: Jimma Zone Achieves 66% of Honey Production Target in First Half of Fiscal Year

The Jimma Zone Agriculture Bureau has reported the production of 16,167 tons of honey during the first six months of the 2024/25 fiscal year. This figure represents 66% of the zone’s targeted production, which was set at 24,000 tons.

https://www.2merkato.com/news/alerts/8297-ethiopia-jimma-zone-achieves-66-of-honey-production-target-in-first-half-of-fiscal-year

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

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8296-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-03-february-2025

የጨረታ ማስታወቂያ!

በብርሃን ጉዞ አጠቃላይ 2ኛ ደረጃ ት/ቤት የተለያዩ ለትምህርት የሚውሉ አላቂ የጽሕፈት መሣሪያዎች፣ አላቂ የጽዳት ዕቃዎች፣ የኤሌክትሮኒክስ ዕቃዎች፣ ፈርኒቸር፣ የደንብ ልብስ፣ የስፖርት ትጥቅ፣ የላብራቶሪ (ቤተ-ሙከራ ዕቃዎች)፣ የኮምፒውተር፣ የኘሪንተር፣ የፎቶ ኮፒ እና የማባዣ ማሽን ጥገናዎች በጨረታ አወዳድሮ መግዛት እና ማሰራት ይፈልጋል

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/67a2189beb33dd23c0a66cb5
ይመለክቱ ወይም 0975616161 ይደውሉ።

Yotor Cleaning Service
https://www.2merkato.com/directory/41186-yotor-cleaning-service

እንደምን አደራችሁ!

2merkato Ethiopia Business News Daily Summary - News articles published on 03 Feb 2025

1. Institute of Ethiopian Standards Enforces National Standard Mark for Mandatory Products

The Institute of Ethiopian Standards (IES) has called on all products subject to mandatory standards to display the national standard mark, reinforcing quality assurance and consumer protection efforts.

https://www.2merkato.com/news/alerts/8294-institute-of-ethiopian-standards-enforces-national-standard-mark-for-mandatory-products

2. Ethiopia: Addis Ababa Expands Modern Address System to Improve Urban Accessibility

The Addis Ababa City Administration Landholding Registration and Information Agency is expanding a modern address system to standardize street names and house numbers, enhancing accessibility for residents, businesses, and visitors.

https://www.2merkato.com/news/alerts/8293-ethiopia-addis-ababa-expands-modern-address-system-to-improve-urban-accessibility

3. Ethiopian Shipping & Logistics Reports Strong Half-Year Performance

Ethiopian Shipping and Logistics (ESL), the state-owned logistics powerhouse, has reported strong financial and operational achievements for the first half of the 2024/25 fiscal year, surpassing its revenue targets and reinforcing its critical role in Ethiopia’s trade sector.

https://www.2merkato.com/news/transport/8295-ethiopian-shipping-logistics-reports-strong-half-year-performance

2merkato Ethiopia Business News Daily Summary - News articles published on 31 Jan 2025

1. Ethiopia: Ministry Prepares for Full Implementation of Asset Recovery Law

The Ministry of Justice (MoJ) is preparing to fully implement Ethiopia’s newly ratified asset recovery law, aimed at preventing and suppressing unexplained wealth.

https://www.2merkato.com/news/alerts/8291-ethiopia-ministry-prepares-for-full-implementation-of-asset-recovery-law

2. Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8289-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-30-january-2025

Harkani Interiors
https://www.2merkato.com/directory/41185-harkani-interiors

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Vital Security
https://www.2merkato.com/directory/41184-vital-security

እንደምን አደራችሁ!

2merkato Ethiopia Business News Daily Summary - News articles published on 27 Jan 2025

1. Ethiopia Targets April for Debt Treatment Agreement Under G20 Framework

Ethiopia's government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment. This update comes after years of negotiations aimed at re-profiling the country's debt.

https://www.2merkato.com/news/banking-and-finance/8281-ethiopia-targets-april-for-debt-treatment-agreement-under-g20-framework

2. Ethiopia Attracts Over USD 597 Million in Investments to Special Economic Zones

The Industrial Parks Development Corporation (IPDC) announced that investments worth more than USD 597 million have been secured in Ethiopia’s Special Economic Zones (SEZs) and the Dire Dawa Free Trade Zone over the past six months. Over 80 investments have been attracted to the zones under the IPDC's management.

https://www.2merkato.com/news/manufacturing/8280-ethiopia-attracts-over-usd-597-million-in-investments-to-special-economic-zones

Alemyas Cleaning Service
https://www.2merkato.com/directory/41014-alemyas-cleaning-service

እንደምን አደራችሁ!

2merkato Ethiopia Business News Daily Summary - News articles published on 31 Jan 2025

Ethiopia: Ethio-Engineering Group Prepares to Manufacture Electric Vehicles

Ethio-Engineering Group (EEG) is gearing up to manufacture electric vehicles in Ethiopia, CEO Suleiman Dedefo announced.

https://www.2merkato.com/news/manufacturing/8288-ethiopia-ethio-engineering-group-prepares-to-manufacture-electric-vehicles

Allied Engineering
https://www.2merkato.com/directory/40957-allied-engineering

እንደምን አደራችሁ!

Impact Consulting
https://www.2merkato.com/directory/41182-impact-consulting

እንደምን አደራችሁ!

2merkato Ethiopia Business News Daily Summary - News articles published on 27 and 28 Jan 2025

1. Ethiopia Targets April for Debt Treatment Agreement Under G20 Framework

Ethiopia's government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment. This update comes after years of negotiations aimed at re-profiling the country's debt.

https://www.2merkato.com/news/banking-and-finance/8281-ethiopia-targets-april-for-debt-treatment-agreement-under-g20-framework

2. Ethiopia Attracts Over USD 597 Million in Investments to Special Economic Zones

The Industrial Parks Development Corporation (IPDC) announced that investments worth more than USD 597 million have been secured in Ethiopia’s Special Economic Zones (SEZs) and the Dire Dawa Free Trade Zone over the past six months. Over 80 investments have been attracted to the zones under the IPDC's management.

https://www.2merkato.com/news/manufacturing/8280-ethiopia-attracts-over-usd-597-million-in-investments-to-special-economic-zones

3. Ethiopia: Less Than Half of Agricultural Investment Land Cultivated, Ministry of Agriculture

The Ministry of Agriculture has reported that less than 50 percent of the two million hectares of land allocated for agricultural investment is currently being cultivated.

https://www.2merkato.com/news/alerts/8283-ethiopia-less-than-half-of-agricultural-investment-land-cultivated-ministry-of-agriculture

4. Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8282-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-27-january-2025

የጨረታ ማስታወቂያ!

በቂርቆስ ክ/ከተማ የጤና ጽ/ቤት እፎይታ ጤና ጣቢያ የደንብ ልብስ፣ ልዩ ልዩ መሳሪያዎች፣ ለፕላንት ለማሽነሪና ለማሽነሪና እድሳትና ጥገና፣ ለፕላንት ለማሽነሪና ለመሳሪያ መግዣ (ቋሚ ዕቃዎች) እና አላቂ የህክምና ዕቃዎች በግልጽ ጨረታ አወዳድሮ መግዛት ይፈልጋል

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/6798c2b558bc3f3a23248f28
ይመለክቱ ወይም 0975616161 ይደውሉ።

BM ያገለገሉ የቢሮ ዕቃዎች ግዥና ሽያጭ
https://www.2merkato.com/directory/41181-bm-ያገለገሉ-የቢሮ-ዕቃዎች-ግዥና-ሽያጭ

እንደምን አደራችሁ!

የጨረታ ማስታወቂያ!

የአዲስ አበባ ቀላል ባቡር ትራንስፖርት አገልግሎት ድርጅት ለቢሮ አገልግሎት እና ለድርጅቱ ሰራተኞች የሚውሉ የአላቂ የቢሮ እቃዎች እና የፅዳት ዕቃዎች፣ ቋሚ የቢሮ እቃዎች፣ የተሸከርካሪ ጎማ፣ የተሸከርካሪ እቃዎችና የደንብ ልብስ ጨርቅ በግልፅ ጨረታ አወዳድሮ ግዥ መፈፀም ይፈልጋል

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/67977e7358bc3f3a23224121
ይመለክቱ ወይም 0975616161 ይደውሉ።

WE PACK PRINTING AND PACKAGING PLC
https://www.2merkato.com/directory/38272-we-pack-printing-and-packaging-plc

እንደምን አደራችሁ!

TOSUNlux Electrical Ethiopia
https://www.2merkato.com/directory/41179-tosunlux-electrical-ethiopia-hk-electrical-and-hardware-plc-tosun-lux-ethiopia

2merkato Ethiopia Business News Daily Summary - News articles published on 17 Jan 2025

1. Ethiopia: Gambella Delivers Over 27 Quintals of Gold to National Bank in Six Months

The Gambella Regional Mineral and Energy Resources Agency has announced the delivery of over 27 quintals (2,747 kilograms) of gold to the National Bank of Ethiopia within the past six months.

https://www.2merkato.com/news/energy-and-mining/8265-ethiopia-gambella-delivers-over-27-quintals-of-gold-to-national-bank-in-six-months

2. Ethiopia: MoA Announces Major Expansion in Contract Farming for 2024/25 Harvest

The Ministry of Agriculture (MoA) revealed that over 2.1 million hectares of land have been cultivated under contract farming to produce approximately 38 million quintals of crops during the 2024/25 harvest season.

https://www.2merkato.com/news/alerts/8264-ethiopia-moa-announces-major-expansion-in-contract-farming-for-2024/25-harvest

3. Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8263-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-16-january-2025

እንደምን አደራችሁ!

2merkato Ethiopia Business News Daily Summary - News articles published on 17 Jan 2025

1. Ethiopia: Gambella Delivers Over 27 Quintals of Gold to National Bank in Six Months

The Gambella Regional Mineral and Energy Resources Agency has announced the delivery of over 27 quintals (2,747 kilograms) of gold to the National Bank of Ethiopia within the past six months.

https://www.2merkato.com/news/energy-and-mining/8265-ethiopia-gambella-delivers-over-27-quintals-of-gold-to-national-bank-in-six-months

2. Ethiopia: MoA Announces Major Expansion in Contract Farming for 2024/25 Harvest

The Ministry of Agriculture (MoA) revealed that over 2.1 million hectares of land have been cultivated under contract farming to produce approximately 38 million quintals of crops during the 2024/25 harvest season.

https://www.2merkato.com/news/alerts/8264-ethiopia-moa-announces-major-expansion-in-contract-farming-for-2024/25-harvest

3. Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 16 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8263-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-16-january-2025

2merkato Ethiopia Business News Daily Summary - News articles published on 16 Jan 2025

1.  Ethiopia: Dashen Bank Introduces Super App for Banking

Dashen Bank has unveiled the first-ever "Super App" in Ethiopia’s banking sector which offers a wide range of services through a single platform.

https://www.2merkato.com/news/banking-and-finance/8260-ethiopia-dashen-bank-introduces-super-app-for-banking

2.  Ethiopia Generates USD 16.4 Million from Non-Gold, Non-Ornamental Mineral Exports

Ethiopia has earned USD 16.4 million from the export of non-gold and non-ornamental minerals over the past six months, achieving 73% of its USD 22.4 million target, according to the Ministry of Mines.

https://www.2merkato.com/news/energy-and-mining/8259-ethiopia-generates-usd-164-million-from-non-gold-non-ornamental-mineral-exports

3.  Ethiopia: Wegagen Bank Launches Mobile Wallet Service in Collaboration with E-Birr

Wegagen Bank, in partnership with E-Birr Mobile Financial Services, has introduced a new mobile wallet service designed to enhance financial accessibility and streamline banking.

https://www.2merkato.com/news/banking-and-finance/8261-ethiopia-wegagen-bank-launches-mobile-wallet-service-in-collaboration-with-e-birr

4.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 15 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8262-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-15-january-2025 for

Shining Star Electro Mechanical Work
https://www.2merkato.com/directory/41096-shining-star-electro-mechanical-work

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የጨረታ ማስታወቂያ!

Maya City Finance office wants to invite registered contractors of category GC-3 and RC-2 and above with their professional and above trade licenses to open tenders for 10 km pipeline drainage in 2017

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/6788b2ac374cbe7391674230
ይመለክቱ ወይም 0975616161 ይደውሉ።

Family Movers Ethio
https://www.2merkato.com/directory/41092-family-movers-ethio

እንደምን አደራችሁ!

እንደምን አደራችሁ!

Kalema Marble, Granite and Terrazzo Manufacturing
https://www.2merkato.com/directory/41151-kalema-hulegeb-construction

እንደምን አደራችሁ!

Danakil Hotel
https://www.2merkato.com/directory/41120-danakil-hotel

እንደምን አደራችሁ!

Mark Electro Mechanical
Mark Electro Mechanical
https://www.2merkato.com/directory/41132-mark-electro-mechanical

2merkato Ethiopia Business News Daily Summary - News articles published on 10 Jan 2025

1.  Ethiopia Inaugurates Its First Stock Exchange

Prime Minister Abiy Ahmed (PhD) officially launched the Ethiopian Securities Exchange (ESX) today, marking the establishment of the country’s first-ever stock exchange.

The Prime Minister inaugurated the ESX by ceremonially ringing the bell, a moment he described as transformative for Ethiopia’s financial and economic landscape.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8257-ethiopia-inaugurates-its-first-stock-exchange

2.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8256-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-09-january-2025

የጨረታ ማስታወቂያ!

እድገት በህብረት ቅድመ አንደኛ፣ አንደኛና መካከለኛ ደረጃ ትምህርት ቤት አላቂ የጽሕፈት መሣሪያዎች፣ የደንብ ልብሶች፣ አላቂ የፅዳት እቃዎች፣ ኤሌክትሮኒክስ እቃዎች፣ የተለያዩ ቋሚ የቢሮ እቃዎች፣ ልዩ ልዩ መሣሪያዎች፣ የህትመት ሥራዎች፣ የኤሌክትሪክ እቃዎች ጥገና እና ግንባታና ጥገና ሥራ ለመግዛት ይፈልጋል

ለበለጠ መረጃ:-https://tender.2merkato.com/tenders/677f8ec040ff4655935792a0
ይመለክቱ ወይም 0975616161 ይደውሉ።

Mona Go Elevator Manufacturing PLC
https://www.2merkato.com/directory/41138-mona-go-elevator-manufacturing-plc

2merkato Ethiopia Business News Daily Summary - News articles published on 09 Jan 2025

1. Ethiopian Parliament Approves Proclamation to Regulate Petroleum Trade

The House of People’s Representatives, in its 14th regular session, approved a new proclamation to regulate the petroleum trading system. The legislation was passed with a majority vote, two votes against, and one abstention.

https://www.2merkato.com/news/energy-and-mining/8254-ethiopian-parliament-approves-proclamation-to-regulate-petroleum-trade

2. Ethiopia: Fuel Tankers Caught in Black Market Operations Face Three-Month Suspension

The Petroleum and Energy Authority has announced that fuel tankers engaged in illegal activities, such as hoarding fuel under the pretense of price revisions or intending to sell it on the black market, will be suspended from operation for three months.

https://www.2merkato.com/news/energy-and-mining/8253-ethiopia-fuel-tankers-caught-in-black-market-operations-face-three-month-suspension

3. Ethiopia: Diaspora Remittances Exceed USD 2.5 Billion in Five Months

The Ethiopian Diaspora Service has announced that over USD 2.5 billion in foreign exchange was received from the diaspora over the past five months. Ambassador Fitsum Arega, Director General of the service, revealed that the surge was largely attributed to macroeconomic reforms, particularly those implemented by the National Bank of Ethiopia.

https://www.2merkato.com/news/alerts/8252-ethiopia-diaspora-remittances-exceed-usd-25-billion-in-five-months

4. Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 08 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8255-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-08-january-2025

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2merkato Ethiopia Business News Daily Summary - News articles published on 08 Jan 2025

1. Ethiopia: Ministry Increases Fuel Prices

The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective January 07, 2025.

The price hike applies to gasoline, kerosene, white diesel, light black diesel, heavy black diesel, and jet fuel prices.

Gasoline, a widely used fuel for private and public transportation, now costs Birr 101.47 per liter, marking an 11.3% increase, or Birr 10.33 more per liter than the previous rate.

https://www.2merkato.com/news/energy-and-mining/8251-ethiopia-ministry-increases-fuel-prices

2. Ethiopia Targets Growth in Specialty Coffee Exports

Ethiopia Coffee and Tea Authority (ECTA) is ramping up efforts to expand the share of specialty coffee in its export portfolio, aiming to boost revenues from its higher market value.

https://www.2merkato.com/news/trading/8250-ethiopia-targets-growth-in-specialty-coffee-exports

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2merkato Ethiopia Business News Daily Summary - News articles published on 06 Jan 2025

1.  Ethiopian Airlines Inaugurates New Terminal in Bale Robe

Ethiopian Airlines has inaugurated apassenger terminal at Wako Gutu Airport in Bale Robe. The project, completed at a cost of Birr 1.1 billion, was officially opened today in a ceremony attended by Oromia Chief Administrator Shimelis Abdisa, federal and regional government officials, and local community leaders.

2.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 06 January 2025.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8249-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-05-january-2025

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2merkato Ethiopia Business News Daily Summary - News articles published on 01 Jan 2025

1.  Ethiopia Prepares to Implement a Trade Policy

The Ministry of Trade and Regional Integration has announced plans to implement a trade policy within the next year. The policy aims to address trade imbalances, strengthen monitoring and enforcement against illegal trade, and create a balanced system of supply and demand in the country.

https://www.2merkato.com/news/alerts/8240-ethiopia-prepares-to-implement-a-trade-policy

2.  Ethiopia Secures Over USD 1 Billion from Gold Exports

Ethiopia has generated over USD 1 billion from gold exports in the past five months, a record-breaking achievement, according to the Ministry of Trade and Regional Integration.

https://www.2merkato.com/news/trading/8239-ethiopia-secures-over-usd-1-billion-from-gold-exports

3.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 01 January 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8241-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-31-december-2024

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2merkato Ethiopia Business News Daily Summary - News articles published on 31 Dec 2024

1.  Ethiopia: ZamZam Bank Reports Birr 148 Million Pre-Tax Profit

ZamZam Bank announced a pre-tax profit of Birr 148 million for the 2023/24 fiscal year. The bank’s total income for the year exceeded Birr 850 million.

https://www.2merkato.com/news/banking-and-finance/8237-ethiopia-zamzam-bank-reports-birr-148-million-pre-tax-profit

2.  Ethiopia: IPDC Transfers Over 90% of Manufacturing Sheds

Industrial Parks Development Corporation (IPDC) has announced the transfer of over 90% of its 177 manufacturing sheds across 13 industrial parks to investors, contributing to job creation and economic growth.

https://www.2merkato.com/news/manufacturing/8236-ethiopia-ipdc-transfers-over-90-of-manufacturing-sheds

3.  South Ethiopia Prepares to Export Banana Products to Middle East

South Ethiopia Regional State is gearing up to export banana products to the Middle East, announced Haliemariam Tesfaye, Head of the State’s Agricultural Bureau. Preparations are underway to supply bananas to Middle Eastern markets while also expanding exports to neighboring countries such as Sudan, Somalia, and Djibouti.

https://www.2merkato.com/news/trading/8235-south-ethiopia-prepares-to-export-banana-products-to-middle-east

4.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 December 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8238-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-30-december-2024

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2merkato Ethiopia Business News Daily Summary - News articles published on 30 Dec 2024

1.  Documents Authentication and Registration Service Processes 443,147 Cases, Collects Birr 1.25 Billion

The Documents Authentication and Registration Service (DARS) announced that it processed 443,147 cases and served 719,073 users from July to December 23, 2024, generating Birr 1.25 billion in revenue.

https://www.2merkato.com/news/alerts/8233-documents-authentication-and-registration-service-processes-443147-cases-collects-birr-125-billion

2.  Commercial Bank of Ethiopia's Total Assets Reach Birr 1.9 Trillion Amid Reforms

The Commercial Bank of Ethiopia (CBE) revealed that its total assets reached Birr 1.9 trillion. The bank’s President, Abe Sano, attributed this achievement to the macroeconomic reforms implemented across the country, which have shifted CBE from a state of existential crisis to a trajectory of robust growth.

https://www.2merkato.com/news/banking-and-finance/8232-commercial-bank-of-ethiopia-s-total-assets-reach-birr-19-trillion-amid-reforms

3.  Ethiopia Earns USD 43 Million from Animal Product Exports in Five Months

Ethiopia’s Livestock Development Institute has announced that the country generated USD 43 million from the export of animal products over the past five months. The revenue marks a 60% increase compared to the same period last year, highlighting the growing significance of the sector in the country's foreign exchange earnings.

During this period, Ethiopia exported 8,500 metric tons of animal products, including camel milk, meat, honey, and wax, to markets across Saudi Arabia, the UAE, Qatar, Oman, Bahrain, Europe, North America, and Far East Asia.

https://www.2merkato.com/news/alerts/8231-ethiopia-earns-usd-43-million-from-animal-product-exports-in-five-months

4.  National Bank of Ethiopia Set to Revise Policy Rate Early in the New Year

In the upcoming fiscal year, the National Bank of Ethiopia (NBE) is expected to revise its policy rate, commonly referred to as the National Bank Rate (NBR). The current rate, set at 15 percent, was established at the start of the fiscal year and is part of the NBE’s shift to an interest-rate-based monetary policy framework. This transition represents a significant step toward aligning with global best practices in monetary policy, aimed at improving the effectiveness of policy communication and influencing the broader economic landscape, particularly in monetary and credit markets.

5.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 December 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8234-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-27-december-2024

2merkato Ethiopia Business News Daily Summary - News articles published on 30 Dec 2024

1.  Documents Authentication and Registration Service Processes 443,147 Cases, Collects Birr 1.25 Billion

The Documents Authentication and Registration Service (DARS) announced that it processed 443,147 cases and served 719,073 users from July to December 23, 2024, generating Birr 1.25 billion in revenue.

https://www.2merkato.com/news/alerts/8233-documents-authentication-and-registration-service-processes-443147-cases-collects-birr-125-billion

2.  Commercial Bank of Ethiopia's Total Assets Reach Birr 1.9 Trillion Amid Reforms

The Commercial Bank of Ethiopia (CBE) revealed that its total assets reached Birr 1.9 trillion. The bank’s President, Abe Sano, attributed this achievement to the macroeconomic reforms implemented across the country, which have shifted CBE from a state of existential crisis to a trajectory of robust growth.

https://www.2merkato.com/news/banking-and-finance/8232-commercial-bank-of-ethiopia-s-total-assets-reach-birr-19-trillion-amid-reforms

3.  Ethiopia Earns USD 43 Million from Animal Product Exports in Five Months

Ethiopia’s Livestock Development Institute has announced that the country generated USD 43 million from the export of animal products over the past five months. The revenue marks a 60% increase compared to the same period last year, highlighting the growing significance of the sector in the country's foreign exchange earnings.

During this period, Ethiopia exported 8,500 metric tons of animal products, including camel milk, meat, honey, and wax, to markets across Saudi Arabia, the UAE, Qatar, Oman, Bahrain, Europe, North America, and Far East Asia.

https://www.2merkato.com/news/alerts/8231-ethiopia-earns-usd-43-million-from-animal-product-exports-in-five-months

4.  National Bank of Ethiopia Set to Revise Policy Rate Early in the New Year

In the upcoming fiscal year, the National Bank of Ethiopia (NBE) is expected to revise its policy rate, commonly referred to as the National Bank Rate (NBR). The current rate, set at 15 percent, was established at the start of the fiscal year and is part of the NBE’s shift to an interest-rate-based monetary policy framework. This transition represents a significant step toward aligning with global best practices in monetary policy, aimed at improving the effectiveness of policy communication and influencing the broader economic landscape, particularly in monetary and credit markets.

5.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 December 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8234-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-27-december-2024

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Glory Car Rental Company
https://www.2merkato.com/directory/40634-glory-car-rental-company

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Arno Garno Trading PLC
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2merkato Ethiopia Business News Daily Summary - News articles published on 26 Dec 2024

1.  Ethiopia’s Hydropower Dams at Full Capacity Following Rainy Season, EEP

Ethiopian Electric Power (EEP) announced that its dams were fully replenished after the recent rainy season, ensuring sufficient water for power generation to meet this year’s ambitious targets.

https://www.2merkato.com/news/energy-and-mining/8228-ethiopias-hydropower-dams-at-full-capacity-following-rainy-season-eep

2.  Ethiopia: Ministry of Revenues Collects Birr 380 Billion in Five Months

The Ministry of Revenues (MoR) of Ethiopia announced that Birr 380 billion was collected in the first five months of the current fiscal year.

Revenue Minister Aynalem Nigussie attributed this achievement to the government’s reforms in tax policy and administration, aimed at maximizing domestic income to support Ethiopia’s development plans.

3.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 December 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8229-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-26-december-2024v

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2merkato Ethiopia Business News Daily Summary - News articles published on 25 Dec 2024

1.  Ethiopia: Lemi National Cement Supplies Over 310,000 Tons of Cement Since Launch

Lemi National Cement Factory has made a strong entrance into Ethiopia’s cement market, supplying over 310,000 tons of cement since it began operations on October 31, 2024.

https://www.2merkato.com/news/manufacturing/8225-ethiopia-lemi-national-cement-supplies-over-310000-tons-of-cement-since-launch

2.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 December 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8226-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-25-december-2024

Ethio Alliance Advocates LLP (EAA)
https://www.2merkato.com/directory/41167-ethio-alliance-advocates-llp-eaa

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2merkato Ethiopia Business News Daily Summary - News articles published on 25 Dec 2024

1.  BYD Enters Ethiopian Market with Electric Vehicle Launch

Chinese automotive giant BYD officially debuted in Ethiopia with a brand launch event in Addis Ababa, partnering with local distributor MOENCO, a subsidiary of London-based Inchcape PLC. The event showcased five pure electric models, including the compact BYD SEAGULL and the luxurious BYD TANG EV, catering to Ethiopia’s growing demand for sustainable mobility.

https://www.2merkato.com/news/alerts/8222-byd-enters-ethiopian-market-with-electric-vehicle-launch

2.  World Bank Approves USD 700 Million Credit to Strengthen Ethiopia’s Financial Sector

The World Bank has approved a USD 700 million credit through the International Development Association (IDA) to support Ethiopia’s Financial Sector Strengthening Project (FSSP). This initiative aims to bolster the stability and resilience of Ethiopia’s financial institutions.
https://www.2merkato.com/news/banking-and-finance/8223-world-bank-approves-usd-700-million-credit-to-strengthen-ethiopias-financial-sector

3.  Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 December 2024.

https://www.2merkato.com/news/capital-market-and-commodity-exchange/8224-ethiopia-commodity-exchange-ecx-daily-trade-data-%E2%80%93-24-december-2024

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https://www.2merkato.com/directory/41144-oko-advertising-and-communication-plc