Ethiopian Commodity Exchange Lures New Board of Directors

May 6 , 2023


New board members were assigned to the Ethiopian Commodity Exchange (ECX) last week, making Kassahun Gofe, state minister for the Ministry of Trade & Regional Integration (MoTRI) the board chairman replacing Yinager Dessie, former governor of the central bank. The other newly appointed board members include Sofia Kassa, state minister of Agriculture, Adugna Debela, director general of Ethiopian Coffee & Tea Authority; Solomon Desta, vice governor of the central bank; Dereje Gufa, deputy president of Commercial Bank of Ethiopia and Nuredin Mohammed, director of projects at MoTRI.


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Newly-opened Trade Sectors Attract 21 Investment Applications

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Former Ethio telecom CEO Joins Safaricom

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Ride-Hailing Service Collaborates to Enhance Digital Payments, Healthcare

Yango, the international ride-hailing service, has entered two partnerships aimed at improving both digital payments and healthcare access for its commuters and partner drivers in Ethiopia. In collaboration with Awash Bank, one of the country's leading financial institutions, Yango will promote digital payment adoption. As part of the initiative, Awash Bank employees and customers will receive a 15pc discount on their first three Yango rides. Additionally, Yango has signed a memorandum of...


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