Sesame shortage hits commodity market
Following the supply shortage of sesame within the national commodity exchange market, exporters have been hit the hardest. This comes as its production as well as marketing, which is handled by the Ethiopian Commodity Exchange (ECX) faces a slew of challenges, among them low production which has worsened in recent months, according to exporters The Reporter spoke to.
ECX to trade industrial products
With the approval by the Ministry of Trade (MoT), the Ethiopia Commodity Exchange (ECX) is set to open a special window for industrial processors, The Reporter has leant.
Central bank governor appointed to chair ECX board
After his appointment to govern the National Bank of Ethiopia (NBE) in June 2018 by Prime Minister Abiy Ahmed (PhD), Yinager Dessie (PhD), has been appointed as the new chairman of the Ethiopia Commodity Exchange (ECX) as it gets a new 11-member Board of Directors.
ECX seats fetch record-high bid price
The Ethiopia Commodity Exchange (ECX) has managed to sell five ordinary membership seats at a price of 3.5 million birr in a tender opened at the headquarters of ECX last week.
Startup incubator partners with entrepreneurship mentor
The partnership between the UK based not-for-profit Mowgli Mentoring Foundation and blueMoon PLC, a youth agribusiness incubator and seed investor founded by Eleni Gabre-Madhin (PhD), the founder and former CEO of the Ethiopian Commodity Exchange (ECX), announced this week that the first batch of young entrepreneurs who have demonstrated workable ideas in agribusiness will start their mentoring program Mowgli is set to provide until end of February this year.
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