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Ethiopia’s Tamirt Expo to generate over 3 billion birr in market links

The upcoming Tamirt Expo in Ethiopia is set to create significant market opportunities, with expectations of generating over 3 billion birr in market connectivity. The Ministry of Industry has announced that more than 200 industries will participate in the event, which will span five consecutive days starting from May 9, 2024.

Tarekegn Bululta, the Minister of State for Industry, stated that manufacturers involved in various sectors such as leather and leather products, textile and garment, wood, construction, automobile and machinery, electronics, and electrical industries will be actively participating in the program

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Source: Capitalethiopia
@Ethiopianbusinessdaily



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Ethiopia’s Tamirt Expo to generate over 3 billion birr in market links

The upcoming Tamirt Expo in Ethiopia is set to create significant market opportunities, with expectations of generating over 3 billion birr in market connectivity. The Ministry of Industry has announced that more than 200 industries will participate in the event, which will span five consecutive days starting from May 9, 2024.

Tarekegn Bululta, the Minister of State for Industry, stated that manufacturers involved in various sectors such as leather and leather products, textile and garment, wood, construction, automobile and machinery, electronics, and electrical industries will be actively participating in the program

Read More

Source: Capitalethiopia
@Ethiopianbusinessdaily

BY Ethiopian Business Daily





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Should I buy bitcoin?

“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

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I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. I’m waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegram’s pre-initial coin offering (ICO) tokens. “If Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,” he says.

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