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 The Ethiopian Capital Market Authority is working on establishing credit rating services to accredit the financial status of borrowers, aiming to foster confidence between creditors and debtors. Addis Chamber of Commerce, along with International Center for Risk Assessment (ICRA) which is located in UAE, have signed a memorandum of understanding to introduce credit rating services in Ethiopia. […] 
 Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 28 February 2024. […] 
 Sidama Industrial Parks Development Corporation (SIPDC) achieved positive results despite operational difficulties. Over a six-month period, the corporation reported exceeding USD 338,000 in revenue from exports of avocado oil and processed milk products. […] 
Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 February 2024. […] 
 Ethiopia is embarking on a groundbreaking USD 250 million bitcoin mining and AI data center project, spearheaded by BitCluster. […] 
 Addis Ababa City Administration has reported a significant upsurge in revenue for the current year, surpassing the previous year’s figures by Birr 21.9 billion. […] 
 The National Lottery Administration announced that the closure of legal betting houses would not be appropriate. The administration reached this conclusion after conducting a study on the sector. It also emphasized the need to differentiate between legitimate and illegal sports betting establishments. […] Ethiopia: New Manufacturing Policy Aims to Revise Incentives, Invite Local Investors to Industry Parks
 Ethiopia’s Ministry of Industry (MoI) has introduced a new policy that focuses on import substitution as a means to enhance domestic production and reduce dependence on imports. This represents a departure from the previous emphasis on export-led manufacturing. […] 
 The Commercial Bank of Ethiopia (CBE) celebrated the 10th anniversary of its CBE Noor service, which offers interest-free banking according to Sharia laws. […] 
 Zemen Bank has secured a USD 30 million trade finance facility from the International Finance Corporation (IFC), a move aimed at bolstering the country’s import and export activities. […] |
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