The Ethiopian Commodity Exchange (ECX) announced it facilitated transactions worth Birr 5.3 billion over the past three months, surpassing its target by 17%, according to CEO Wondimagegnehu Negera.

During a press briefing, the CEO highlighted that ECX's recent performance aligned with Ethiopia's 10-year master plan, which focuses on key pillars of the Homegrown Economic Reform, including agriculture, industry, mining, tourism, and the digital economy.

ECX is preparing to integrate additional products into its modern market system, including teff, flaxseed, Eleusine coracana, leather, pelt, and salt. The goal is to create a more diversified and inclusive market for Ethiopian commodities.

Wondimagegnehu reiterated ECX's mission to connect buyers and sellers through a transparent, efficient, and reliable marketplace driven by innovation and technology.

Source: Ethiopian News Agency