Ethiopia Commodity Exchange (ECX) Daily Trade Data – 21 November 2024
For all other commodities, price is in (Birr/Quintals), 1 Quintal = 100Kg. To get more commodity trade information, you may call ECX on short number 929 or text to them on short number 934.
Source:Ethiopian News
November 21, 2024 14:47 UTC
‘Every night we only hoped to survive’: Sudanese refugees’ search for safety
Abdullah*, a Sudanese English teacher from Khartoum, had never imagined that fleeing one conflict would mean running straight into another. The 27-year-old was among thousands of Sudanese refugees who fled UN-operated camps in Ethiopia’s Amhara region this year, setting up makeshift encampments in the Awlala forest, a few kilometres farther east of their original shelter. 0:25 Sudanese refugees settle in makeshift camps amid windy conditions in Amhara – videoTwo of the refugees, Abdullah and Mahmoud*, are now residing in a UN-operated transit centre near the Sudanese border, while the third, Karam*, has travelled to the Ethiopian capital, Addis Ababa. Their experiences provide a glimpse into the uncertain search for safety that millions of Sudanese refugees, within and outside the country, have undertaken with little hope for an end to the fighting between the Sudanese army and the paramilitary Rapid Support Forces. Every night was terrifying.”Over the phone, with resignation in his voice, Abdullah said: “I thought I’d be safe in Ethiopia.
Source:Ethiopian News
November 21, 2024 14:43 UTC
6 Brigade convene peace talks with stakeholders in Karim Lamido LGA
“Peace is non-negotiable for the progress of Karim Lamido and its environs. We must foster collaboration between the people, their leaders, and security agencies to protect lives and property effectively,” General Uwa stated. In his remarks, the Chairman of Karim Lamido Local Government Council, Hon. Britus Ilu Danjos commended the leadership of Brigadier General Uwa for his unwavering commitment to addressing security challenges in Taraba State. 6 Brigade Nigerian Army and Sector 3 OPWS reaffirms its commitment to working with communities and stakeholders to maintain peace and security in Taraba State and beyond.
Source:Ethiopian News
November 21, 2024 14:30 UTC
Ethiopia says it plans to spend extra $4.8 bln in 2024/25 budget
In June, the finance ministry said it had set spending for 2024/25 at 971.2 billion birr, up 21% from the previous year. Ethiopia’s fiscal year runs from July 8 to July 7. “A supplementary budget … has been presented to the House for regular expenditures and expenditure adjustment,” Abiy’s office said in a statement.
Source:Ethiopian News
November 21, 2024 14:29 UTC
Ethiopian Airlines committed to global excellence, socio-economic dev’t in Africa – CEO
Addis Ababa, November 21, 2024 (FBC) – Ethiopian Airlines, the largest airline in Africa, is committed to providing services that meet international standards and contributing to the socio-economic development of the African continent. The airline’s CEO, Mr. Mesfin Tasew, stated that the airline is dedicated to maintaining and enhancing its excellent international reputation by constantly striving to elevate customer service to new heights. In that regard, the airline is working to establish more joint partner airline ventures across various African countries. According to the CEO, the airline’s good reputation in various areas of service globally is a testament to its commitment to excellence. He added that the recognitions and awards the airline has received will inspire it to strive for even greater heights.
Source:Ethiopian News
November 21, 2024 14:19 UTC
Ethiopia reaffirms commitment to scalable climate solutions
Addis Ababa, November 21, 2024 (FBC) – At COP29 in Baku, Azerbaijan, Seyoum Mekonen, the Ethiopian State Minister of Planning and Development, announced Ethiopia’s pivotal role as a founding member of the Group of Negative Emitters (GONE). This initiative seeks to expedite the journey towards net-negative emissions by focusing on innovative carbon dioxide removal (CDR) strategies to uphold the 1.5°C climate target. During his address, the State Minister highlighted Ethiopia’s unwavering dedication to advancing scalable climate solutions and enhancing global cooperation in the fight against climate change.
Source:Ethiopian News
November 21, 2024 12:51 UTC
Tigray launches DDR program for 75,000 ex-combatants, Mekelle to receive 320 in first week
(Photo:ENA)Addis Abeba-The disarmament, demobilization, and reintegration (DDR) program for 75,000 former combatants in Tigray officially began today, November 21, 2024, the National Rehabilitation Commission (NRC) announced. Mekelle, one of three designated DDR centers, is set to process 320 combatants within the first week, alongside Edaga Hamus and Adwa, which will also serve as hubs for the program. Temesgen Tilahun, Commissioner of the National Rehabilitation Commission (NRC), stated that the identification and disarmament process for over 371,000 former combatants from seven regions has been completed, clearing the way for reintegration efforts. The two-year DDR program has a budget exceeding $760 million, with the first phase in Tigray funded by 1 billion birr from the government and $60 million from international partners. The African Union will oversee the DDR program through its Monitoring, Verification, and Compliance Mission to ensure compliance and transparency.
Source:Ethiopian News
November 21, 2024 12:33 UTC
Nectar-loving Ethiopian wolves may be the first carnivore pollinators
The Ethiopian wolf (Canis simensis) is the rarest wild canid species in the world and Africa’s most threatened carnivore. AdvertisementSandra Lai at the University of Oxford and her colleagues observed wild Ethiopian wolves lapping up the nectar of Ethiopian red hot poker (Kniphofia foliosa) flowers. The wolves are thought to be the first large carnivore species ever to be recorded regularly feeding on nectar. Sign up to our Wild Wild Life newsletter A monthly celebration of the biodiversity of our planet’s animals, plants and other organisms. “It’s very exciting.”Lai and her colleagues at the Ethiopian Wolf Conservation Programme now hope to dig deeper into the behaviour and its ramifications.
Source:Ethiopian News
November 21, 2024 10:18 UTC
APEX Five Star and APEX Four Star Awards winners
APEX awards, based on passenger feedback via TripIt, honor airlines globally in four categories using certified ratings from over a million flights. The APEX Five Star and APEX Four Star are Airline Awards, formally the APEX Official Airline Ratings, are the first airline rating program based solely on certified passenger feedback. The industry’s most anticipated honor is based on neutral, third-party passenger feedback and insights gathered through APEX’s partnership with TripIt from Concur, the world’s highest-rated travel-organizing app. APEX reinvests all of its resources to serving its members, strengthening the worldwide airline industry, advancing thought-leadership, fostering business opportunities via events, developing global initiatives, setting key airline standards, and highlighting well-deserved recognition across our industry. In conjunction with both the International Flight Services Association (IFSA) and Future Travel Experience (FTE), APEX serves the full spectrum of the end-to-end travel experience.
Source:Ethiopian News
November 21, 2024 09:29 UTC
Segele mine inaugurated in Ethiopia
Euronext- and Frankfurt-listed Akobo Minerals, alongside the Ethiopian government, has announced the official inauguration of the Segele mine, in the Gambella region. "The Segele mine is a testament to Ethiopia's vast potential in the mining sector and the importance of international partnerships to realise this potential. "The inauguration of the Segele mine is a defining moment for Akobo Minerals. The Segele mine is expected to contribute to Ethiopia's export revenues and local employment opportunities. These aim to advance local job creation, support local education, improve healthcare and enhance infrastructure to ensure the project's long-term success and positive impact on the surrounding area.
Source:Ethiopian News
November 21, 2024 09:24 UTC
Capacity Building Key for Cyber Sovereignty: Ethiopia’s Defense Minister
Addis Ababa November 20/2024 (ENA) The trainings provided to members of the Ethiopian National Defense Force will reinforce the army's capability to protect the country from cyber-attacks, Minister of Defense Aisha Mohammed remarked. Minister of Defense, Aisha Mohammed, INSA Director General, Tigist Hamid, Commissioner General of Ethiopian Federal Police Commission, Demelash Gebremichael and other invited guests attended the graduation ceremony. On the occasion, Aisha said that Ethiopia has a heroic national army that always safeguards the sovereignty of the country. INSA Director General Tigist Hamid for her part highlighted the multifaceted activities carried out to strengthen national capability in various aspects to safeguarding the sovereignty of the country from cyber-attacks. The efforts so far exerted in this regard are bearing fruits in protecting the country from such attacks, she added.
Source:Ethiopian News
November 21, 2024 05:51 UTC
Ethiopia Eyes Two Billion USD in Gold Revenue This Year, PM Abiy Announces
Addis Ababa — Prime Minister Abiy Ahmed has inaugurated a state-of-the-art gold exploration and mining factory in Dima Woreda, Gambella Region of Ethiopia, today. "For the first time in Ethiopia's history, we anticipate earning up to two billion USD solely from gold exports this year. Its advanced technology will triple production in a short time, significantly boosting Ethiopia's mining capacity, he elaborated. Ethiopia's mining sector is poised for remarkable growth, with investments like this laying the foundation for broader industrialization and development, he remarked. "For the past three decades, the town of Dima in Akobo has primarily engaged in small-scale, traditional gold mining, often resulting in considerable wastage," Abiy said.
Source:Ethiopian News
November 21, 2024 05:50 UTC
MAN pledges support for reduction of energy cost
According to him, the event marked a significant milestone in the collective quest for energy security and sustainable manufacturing practices. Stakeholders present at the summit also proposed actionable solutions, exploring cutting-edge technologies, policy frameworks, and financing models to support the transition to sustainable energy. Also speaking, Group Managing Director, Income Electrix, Mathew Edevbie discussed challenges, prospects, and strategies for sustainable energy, emphasizing Nigeria’s huge electricity supply deficit. Director, Huawei Digital Power Nigeria, Cruise Ni emphasized the need for innovation and alternative energy supply to reduce manufacturing energy costs. Chairman, Nigeria Energy Regulatory Commission Sanusi Garba discussed opportunities and challenges under the new Electricity Act.
Source:Ethiopian News
November 21, 2024 04:44 UTC
Kenya, Mauritius emerge as top cybercrime targets – New Business Ethiopia
So says Bryan Hamman, regional director for Africa at NETSCOUT, who was commenting on the results of the recently released NETSCOUT 1H2024 DDoS Threat Intelligence Report (TIR). He also clarified that Kenya and Mauritius experienced the highest volumes of DDoS attacks among East African nations, with attackers increasingly leveraging sophisticated multi-vector tactics. Known for its strong regional connectivity, Mauritius too has seen DDoS incidents that primarily aimed to disrupt telecommunications. The wireless telecommunications sector (except satellite communications) in particular bore the brunt of these incidents, with more than 30,000 attacks. UgandaWhile experiencing significantly lower figures than Kenya and Mauritius, Uganda’s DDoS threat landscape has still grown increasingly complex, demanding vigilant, ongoing monitoring to track adversaries’ evolving tactics.
Source:News Business Ethiopia
November 21, 2024 01:26 UTC
Ethiopia expands agricultural export strategy at international conference
Ethiopia is actively implementing effective policy measures to diversify its agricultural exports to enhance global competitiveness and improve product quality, according to the Minister of Trade and Regional Integration. The country is currently hosting the 13th International Conference on Pulses and Oilseeds, the largest event of its kind in East and Sub-Saharan Africa, attracting international buyers, importers' associations, value chain companies, agro-processors and grain traders. Ethiopian Minister of Trade and Regional Integration, Kasahun Gofe reiterated Ethiopia's commitment to strengthening the agricultural sector and creating a favourable environment for farmers and exporters. He outlined a number of ambitious economic reforms, including the transition to a market-based exchange rate, the establishment of non-bank foreign exchange bureaus, the removal of import restrictions, and the opening of the Ethiopian Securities Exchange to foreign investors. He emphasised the importance of increasing agricultural exports, developing the agro-industrial sector and enhancing the value of pulses and oilseeds to expand market opportunities.
Source:Ethiopian News
November 21, 2024 01:20 UTC