Commodity Transaction Hits 2.9b Br

Aug 10 , 2019


[ssba-buttons]

The Ethiopian Commodity Exchange (ECX) traded 2.9 billion Br worth of commodities in July 2019. Coffee took top billing in volume and value, followed by sesame, soya beans and white pea beans. ECX transacted  5,817tn of sesame for 320.2 million Br and 11,273tn of soya beans for 170.2 million Br. It also transacted 1,765tn of white pea beans for 35.5 million Br and 28tn of green pea beans for 792,000 Br. ECX transacted 20,326tn of unwashed coffee for export with a value of 1.5 billion Br. Meanwhile, it traded 5,923tn of unwashed coffee for the local market at 364.9 million Br. The value shows an increase of seven percent compared to the same period last year. It transacted a total of 32,291tn of washed and unwashed coffee in July.


Radar

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations in agriculture, sustainability, and appropriate technology. Top winner Milkias Ahmed (PhD) received a 300,000 Br prize and a 3 million Br interest-free loan for developing an organic soil conditioner from animal bones. Second and third prizes went to Yusuf Ali and Muhammad Juhar for a crop-harvest...


Radar

Bright Vision Centre Rolls Out First Refractive Eye Surgery Service

Bright Vision Special Eye Care Center, based in the Bira Building near Wollo Sefer, has become the first facility in Ethiopia to offer refractive eye surgery. The service was made possible through support from the London Vision Clinic, which provided specialised equipment and professional training. The quick procedure, completed in under 10 minutes, treats common vision impairments such as nearsightedness and farsightedness. Previously unavailable in the country, access to this type of treatm...


Radar

Fertiliser Shipments Gain Momentum Ahead of Planting Season

Over 15.2 million quintals of fertiliser have entered Ethiopia through the Djibouti corridor as of July 20, 2025, according to the Ethiopian Maritime Authority(EMA). The shipments form part of the 24 million quintals earmarked for the 2025/26 production year. Of the total delivered, 12.8 million quintals arrived by dry freight trucks crossing land borders, while 2.4 million quintals were transported via the Ethio-Djibouti Railway. Another 50,777tn of soil fertiliser remains stationed at port...