Tigray Regional State Gears Up to Host a Trade Bazaar

Apr 24 , 2023


A month-long travelling bazaar that aims to stimulate trade activities in the Tigray Regional State will commence in Wukro, Adigrat, Maychew and Mekelle towns next week. It aims to supply commodities to the consumer and is expected to host a panel discussion on the prospective actions that need to be taken to improve security issues and trade relations with the remaining regional states. Cooperative unions and manufacturers from all parts of Ethiopia are expected to take part in the event dubbed 'Peace Tigray Travel Bazaar'. The bazaar comes following the discussion between officials at the Ministry of Trade & Regional Integration (MoTRI) and the interim regional administration three weeks ago. Basic consumer goods supply, fuel subsidies application, online registration of trade licenses and identifying trade-related areas in need of assistance were plans undertaken by the officials during their meeting. According to Teshale Belihu, state minister of the Ministry, foods and hygienic materials are the major products that will be showcased at the travel bazaar mainly targeted to ease the market tension created due to the supply disruption. Officials hope the bazaar will play a vital role to bring back the business activities hybernated for nearly two years following the outbreak of the northern war.


Radar

Ethio Telecom Launches New Marketplace with Cash-Back Guarantee

Ethio Telecom has launched Zemen Gebeya, a nationwide digital marketplace integrated into the telebirr SuperApp, offering a secure platform for consumers and businesses to trade goods and services. The platform includes a built-in escrow service, allowing payments to be held temporarily until the buyer confirms delivery. If a product is not delivered or the buyer is dissatisfied, the payment is returned—creating a cash-back guarantee model designed to build trust in online transactions. Lau...


Radar

Ethiopia-Israel Business Forum Opens Doors to Investment Opportunities

The Ethiopia-Israel Business Forum took place last week at the Hyatt Regency Addis Abeba, bringing together Ethiopian government officials and investors from Israel. Officials presented a range of investment opportunities, while Israeli investors expressed interest in entering the market. The forum opened with remarks from the foreign ministers. Gedion Timotheos, Ethiopia's Minister of Foreign Affairs, used his address to extend a formal invitation to the Israeli business community, stressing...


Radar

National Bank Injects Millions Through Foreign Currency Auction

The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. According to official data, the latest auction was held on May 7, 2025, during which 60 million dollars was supplied to 16 participating banks at an average exchange rate of 132.9643 Br per dollar. In the previous month, the NBE held two auctions: 70 million dollars was offered on April 16 to 26 banks at an...