Continental Conference Comes to Addis

Jan 12 , 2019


The sixth African Trade & Finance International Conference will be held in Addis Abeba for the first time on April 11 & 12, 2019. The conference, which had been held in Togo, Ivory Coast and Ghana in the past, is coming to Ethiopia through the partnership of the Addis Abeba Chamber of Commerce & Sectoral Association and Rescue Shipping & Investment Agency. “Logistics facilitates trade, so we are taking the initiative to drive the trade market in the right direction,” said Selasi Ackom, CEO of Rescue Shipping & Investment Agency. The conference will be attended by key players in African business, according to Mesenbet Shenkute, president of the Chamber. “We believe the Conference will create exposure for our local market and facilitate regional and continental integration,” she added.


Radar

Ethiopias Capital Market Sets Sights on Talent Strategy

A new strategy to strengthen the human capital foundation of Ethiopia's emerging capital market is taking shape. Led by FSD Ethiopia in partnership with iCapital Africa Institute and the Nairobi Securities Exchange, the initiative is focused on building the skills, expertise, and institutional capacity needed to support the Ethiopian Capital Market Authority (ECMA). The second round of consultations took place on April 23 at Best Western Hotel, drawing key stakeholders including ECMA Director...


Radar

National Bank Upgrades Core Financial System to Global Standard

The National Bank of Ethiopia (NBE) has officially upgraded the Ethiopian Automated Transfer System (EATS), the country's Real-Time Gross Settlement (RTGS) platform, to align with the ISO 20022 messaging standard, effective March 29, 2025. Handling more than 3.5 million transactions a year worth over five trillion Br, EATS is a critical component of the country's financial ecosystem. It enables real-time, high-value settlements among 35 financial institutions, including commercial banks and m...


Radar

Spice Supply Hits 41,000tns in Nine Months

The South West Ethiopia Coffee, Tea, and Spices Authority has announced that over 41,000tns of spices were supplied to the central market in the first nine months of the current fiscal year, reflecting the region's growing role in the country's spice economy. The region is cultivating spices on more than 90,000 hectares of land, with major contributions coming from turmeric, cardamom, ginger, and black pepper. For the full fiscal year, the authority aims to supply more than 56,000tns of spice...