Ethiopia’s maiden stock exchange finally opens trading floor
Ethiopia’s long-anticipated stock exchange went live on Friday, marking a turning point for an economy struggling with low access to finance. Banking gurus, economists, and investors who have advocated for a stock market in past decades have hailed the inauguration of the Ethiopian Securities Exchange (ESX) as historic.
It's Ethiopian Coffee Harvest Time!
The heart of Ethiopia is beating stronger than ever as coffee farmers are harvesting the world’s finest beans! 🌍☕ From the lush highlands to the rich soils of Guji, Sidama, Yirgacheffe, Djimma, Harrar, and beyond, it's that magical time when the trees are full of ripe, red coffee cherries ready to be picked with care.
ECX, Coffee Authority brews new pricing system following exchange rate float
The Ethiopian Commodity Exchange (ECX) has introduced a new pricing mechanism for coffee sold on its trading floor, but exporters say the changes do not reflect the high prices erasing their margins in the domestic market.
Central bank adjusts gold purchase price, again
The central bank has done away entirely with incentives it had previously introduced in an effort to salvage rapidly declining gold supply.
Central bank revamps monetary policy
Governor Mamo Mihretu has announced a rework of the National Bank of Ethiopia’s (NBE) monetary policy, shifting from the regulator’s long held intervention-based regime to one guided by a policy interest rate.
Ethiopian Coffee Flavor Profile
The ideal higher elevations in Ethiopia certifies all of their green coffee to be labeled as Strictly High Grown (SHG) / Strictly Hard Bean (SHB).
Related Posts
-
-
-
-
-
Local gold mining invests $2 billion in Ethiopia
30 Mar 2023