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Eleni Gabre-Madhin at ECX. 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."
METEC (acronym for Metals and Engineering Corporation) is an Ethiopian arms and machinery industry founded in 2010. [2] Being the state largest military industrial complex, it is responsible for the production of military equipment and civilian products.
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [79] Industry, mainly construction, and services accounted for most of the growth.
Establishing a securities exchange in Ethiopia has been in planning 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.
A migrant bus drops off a migrant family at the Roosevelt Hotel in New York City. Matthew McDermott
The following is a list of events predicted and scheduled to take place in the year 2025 in Ethiopia. ... This page was last edited on 30 December 2024, ...
Here’s how to get rid of chest congestion medically and naturally, according to experts.
Ethiopia had an average inflation rate of 26% in 2021 and 30% in 2022, something that was largely driven by a rise in food prices; [27] in February 2023, the overall inflation rate reached 32%, [28] and Ethiopia continued to experience high inflation by September 2023, with commonly purchased food items becoming more expensive.