ECX Transacts 4.6b Br of Commodities

February 15 , 2020

The Ethiopian Commodity Exchange (ECX) transacted 92,239tn of commodities worth 4.6 billion Br in January. During the month, the ECX transacted 43,927tn of sesame and 24,391tn of coffee for 1.9 billion Br and 2.2 billion Br, respectively. It also traded 9,643tn of soybeans, 9,268tn of green mung beans, and 5,009tn of chickpeas for 201 million Br, 240 million Br, and 65.6 million Br, respectively. Compared to the same period last year, the transacted sesame shows a 37pc increment in volume and 33pc in value. Coffee shows a growth of 51pc in value and volume that was provided for the foreign market. The overall transactions compared to the same period of last year shows a decline of 10pc in volume and a growth of 21pc in value.


UNDP Nods $2m for National Dialogue

United Nation Development Program (UNDP) has signed an agreement with the Ministry of Finance and National Dialogue Commission, allocating 2.2 million dollars for the upcoming national discussion. Managed by an independent trust fund, and in addition to the annual budget allocated by the Ethiopian government, UNDP is looking to set up a financial buffer scheduling to raise 32.8 million dollars in support funds from development partners over the next three years. The Dialogue Commission was est...


Street Snack

The rainy season is going to be missed for at least one reason: boiled corn on the cob. As the customer captured here, it has been an enjoyable street food for the city's residents to keep them warm. More importantly, it was a livelihood for many street vendors. ...


Stair Shop

A shop and a shoeshine stall have been set up under the stairs of an overhead bridge. In the most crowded parts of Addis Abeba, there is always some type of vendor selling everyday goods, serving the lower-income population...