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The Ethiopia Commodity Exchange (ECX) is a commodities exchange established April 2008 in Ethiopia. In Proclamation 2007-550, which created the ECX, its stated objective was "to ensure the development of an efficient modern trading system" that would "protect the rights and benefits of sellers, buyers, intermediaries, and the general public."
Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. Cannabis in Ethiopia is illegal, and possession of cannabis ...
[17] Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. [12] Tax burden in Ethiopia has been shown to fall unequally among firm sizes; a study from 2019 found that "small firms face the highest tax burden, the largest firms still pay more than middle‐sized ...
On 1 January 2024, Ethiopia signed memorandum of understanding (MoU) with Somaliland in order to acquire access the Red Sea port. The text of the MoU was not released. President of Somaliland Muse Bihi Abdi stated that it included the lease of more than 19 kilometres of sea access around Berbera for 50 years to the Ethiop
Ethiopia's 4.4 percent average per capita GDP growth rate was higher than Sudan's 1.3 percent rate or Somalia's 1 percent rate. [1] However, Kenya's GDP grew at an estimated 6 percent annual rate, and Uganda achieved a 5.6 percent growth rate during the same 1960–61 to 1972–73 period.
Establishing a securities exchange in Ethiopia has been planned for several years. The Ethiopian government has made efforts since 2019 for this vision. In 2023, the country announced the upcoming launch of its first-ever securities exchange. [4] On April 7, 2024, NGX Group confirmed an investment in the Ethiopia Securities Exchange.
In exploiting geothermal energies, Ethiopia is piloting a way that was previously unknown to this country in the energy sector (which is otherwise entirely owned by the state): foreign direct investments with a full private ownership of power plants for 25 years with a power purchase agreement in place with a guaranteed price of US ¢7.53/kWh ...
SoleRebels is an International footwear company based in Addis Ababa, Ethiopia.The company was created by Ethiopian entrepreneur Bethlehem Tilahun Alemu in 2005. The business is recognized for its ethical production, [1] [2] including Fair Trade practices and the use of sustainable materials in its manufacturing, particularly its use of recycled tires for the soles of its shoes.