ECX inaugurates electronic trading center in Gondar

An electronic trading center built by the Ethiopia Commodity Exchange (ECX) in the city of Gondar, Amhara regional state, was inaugurated today.

 

Chief Administrator of the regional state, Agegnehu Teshager, Minister of Trade and Industry Melaku Alebel, CEO of ECX, Wondimagegnehu Negera attended the inaugural ceremony of the center, which hosts more than 90 market players in a single trading session.

 

The center will allow market players to be part of the modern trading platform of the country without going to Addis Ababa, thus reducing travel cost and time, it was noted.

 

In addition to this center, the Ethiopian Commodity Exchange is constructing a modern warehouse in Gonder city.