Ethiopia to launch online trading for agro-exports

published 829 days, 12 hours, 54 minutes ago posted by adminadmin 829 days, 13 hours, 25 minutes ago
Wednesday, October 28, 2009 5:08:50 AM GMT Wednesday, October 28, 2009 4:37:29 AM GMT

Ethiopia's newly established electronic commodity exchange plans to launch an online trading system aimed at doubling agricultural export income to $400 million in 2010 from $239 million, an official said. Solomon Edossa, chief technology officer in the Ethiopian Commodity Exchange (ECX), told Reuters on Tuesday that up to 20 online trading centres would be established in the main production hubs of commercial crops by the middle of 2010.

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