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ECX

Ethiopian Commodity Exchange Traded Over 4.2 Billion Birr In 2009

published 59 days, 9 hours ago posted by

admin 59 days, 9 hours, 16 minutes ago

The Ethiopian Commodity Exchange (ECX) traded about 170,000 tonnes of coffee valued over 4.2 billion birr in 2009, said Eleni Z. G.Medhine, CEO of ECX. (more)

Digg It category: Economy | comment | | source: www.ezega.com tags: Coffee, economy, ECX

Traders offer up to 3mln birr for EXC membership

published 65 days, 9 hours, 3 minutes ago posted by

admin 65 days, 9 hours, 27 minutes ago

Major players in the trade and agriculture industry offered up to three million birr for a full membership fee at the Ethiopian Commodity Exchange, it was learnt. The larg... (more)

Digg It category: Business | comment | | source: en.ethiopianreporter.com tags: business, ECX

Ethiopian Commodity Exchange to install 154 price tickers across the country

published 121 days, 9 hours, 34 minutes ago posted by

admin 121 days, 9 hours, 35 minutes ago

The Ethiopia Commodity Exchange (ECX) said that it plans to install 154 price tickers across the country at a cost of close to $1.7 million within the next year and a half. (more)

Digg It category: Business | comment | | source: www.goodnewsethiopia.com tags: ECX

Ethiopia to launch online trading for agro-exports

published 133 days, 7 hours, 32 minutes ago posted by

admin 133 days, 8 hours, 4 minutes ago

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. (more)

Digg It category: Business | comment | | source: af.reuters.com tags: economy, ECX

Government-controlled ECX brings in face-saving "farmer"

published 136 days, 5 hours, 39 minutes ago posted by

admin 136 days, 5 hours, 39 minutes ago

The government-controlled Ethiopia Commodity Exchange (ECX) has for the first time added a representative from a farmers' cooperative to its board of directors. (more)

Digg It category: Business | comment | | source: ethiomedia.com tags: business, ECX

Ethiopian Commodity Exchange is big business

published 147 days, 6 hours, 52 minutes ago posted by

admin 147 days, 6 hours, 54 minutes ago

Can commodity markets succeed in Africa? The success of the Ethiopia Commodity Exchange (ECX) answers that question with a resounding “yes.” Eleni Gabre-Madhin, the founder and CEO of the ECX, told the Seventh Biennial U.S.-Africa Business Summit that the commodity exchange trades more than $300 million in coffee annually, along with four other key commodities; improves agriculture, trade and food security; and returns value to Ethiopian farmers. (more)

Digg It category: Business | comment | | source: en.afrik.com tags: business, ECX

Eleni Gabre-Medhin says commodity markets can succeed in Africa

published 152 days, 7 hours, 19 minutes ago posted by

admin 152 days, 8 hours, 3 minutes ago

Eleni Gabre-Madhin, the founder and CEO of the ECX, told the Seventh Biennial U.S.-Africa Business Summit that the commodity exchange trades more than $300 million in coffee annually, along with four other key commodities; improves agriculture, trade and food security; and returns value to Ethiopian farmers. Washington D.C. (October 8, 2009) – Can commodity markets succeed [...] (more)

Digg It category: Business | comment | | source: www.goodnewsethiopia.com tags: ECX

IFC Backs implementation of WHR Financing

published 154 days, 17 hours, 55 minutes ago posted by

admin 161 days, 19 hours, 54 minutes ago

The private sector financing arm of the World Bank, IFC, is going to finance banks that are going to be involved in the Warehouse Receipt (WHR) financing scheme that the Ethiopian Commodity Exchange (ECX) is designing to implement in 2009/10 fiscal year. (more)

Digg It category: Business | comment | | source: www.addisfortune.com tags: ECX

Ethiopia heading for coffee monopoly

published 158 days, 6 hours, 37 minutes ago posted by

admin 162 days, 6 hours, 50 minutes ago

Eleni - Losing her credibility very fast The Ethiopian Commodity Exchange (ECX) has in the past been accused by private coffee traders of being a catalyst for the government's morbid desire to bring the lucrative coffee sector under its control. The government is taking its coffee trading sectors even to remote areas.Now a government official warns that anyone acting out of the coffee... (more)

Digg It category: Business | comment | | source: ethiomedia.com tags: Coffee, ECX, Ethiopian Commodity Exchange