FORTUNE+ VIDEO SPONSORED CONTENTS FORTUNE AUDIO TRADE AFRICA new

Fortune Logo



Ministry Brings Soybeans, Chickpeas to ECX

Jan 5 , 2019

The Ministry of Trade & Industry has mandated that soybeans and chickpeas only be traded through the Ethiopian Commodity Exchange (ECX). The decision was made by the Ministry on December 31, 2018. The two commodities will be traded at the five branches of ECX, which include Addis Abeba, Adama and Gonder. The addition of the two commodities pushes the total number of agricultural commodities to be traded at the exchange to nine. So far, the exchange has received 1,042ql of soybeans at its warehouses. ECX has transacted 78,008tn of commodities worth 3.8 billion Br, as of December 2018. Before the conclusion of this fiscal year, ECX is planning to add niger seeds and legumes to its trading commodities.

Radar

BRIDG-EATERIA

They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneath a bridge. Owing to these selling methods allow pedestrians and drivers to get the service they need while walking and driving. Despite that, such practice has become a frequent encounter in the heart of the city streets. The most common purpose of a ring road is to reduce traffic volumes in the ur...

Read more >>

Radar

WALKWAY DISPLAY

Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...

Read more >>

Radar

TRAILER HOMES

Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...

Read more >>