Addis Ababa — Preparations are finalized to integrate opal and other mineral products into the modern trading platform of the Ethiopian Commodity Exchange (ECX). The amendment of the Ethiopia Commodity Exchange Proclamation has expanded the institution's mandate to include non-agricultural commodities, specifically industrial and mineral products. Accordingly, the ECX has worked closely with the Ministry of Mines to bring opal to the formal market. Mergia stated that his institution has completed the design of a dedicated trading system for other minerals beyond opal. He stated that joint efforts to resolve market challenges facing opal production are nearing completion, and the imminent launch of this mineral on the exchange is expected to be a transformative step.

Source: Ethiopian News December 19, 2025 16:46 UTC