ECX Records Highest Transaction

Dec 5 , 2020


The Ethiopian Commodity Exchange (ECX) made a record high volume and value of sales on December 1, 2020, amounting 427.9 million Br. Established eight years ago, the ECX traded 293 million Br worth of non-coffee commodities on the same date. About 3.5 million small-scale farmers sell their commodities through the ECX, which trades 11 types of agricultural commodities. The ECX trades coffee, white pea bean, red kidney beans, sesame, soya bean, white pigeon peas, pinto beans, green mung beans, niger seed, maize and chickpeas. Recently, the ECX has dedicated a special window for agro-processors to soya beans. The window enables the manufacturers to get the legume from the central market.


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City Approves Supplementary Budget for Capital Projects

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Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


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Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


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