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In 2020, the company launched website and app in Ethiopia. In June 2021, Jiji has acquired an automotive company Cars45 in Nigeria, Kenya, and Ghana. [13] [14] In February 2022, Jiji acquired its competitor Tonaton in Ghana [citation needed] and launched websites in Senegal and Côte d'Ivoire.
Prior to the current Mercato, there was an open marketplace in Addis Ababa near St. George Church at the site where the City Hall stands now, but it ended with the Italian occupation of the 1930s. The occupiers moved the market further west to the area around the premises of Fitawrari Habte Giyorgis Dinagde , which they named Merkato Dinagde .
The website was founded in 2005 [7] [8] by Ronaldo Mouchawar and was originally a consumer-to-consumer auction site part of Maktoob Group. [9] In 2010, Wisam (Sam) Daoud joined Souq from eBay as Chief Technology Officer and led the transformation of the business from auctions to a fixed price catalog based business similar to Amazon.com. [10]
An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process.
Eleni Gabre-Madhin at ECX. The Ethiopia Commodity Exchange (ECX) is a commodities exchange established April 2008 in Ethiopia.In Proclamation 2007-550, which created the ECX, its stated objective was "to ensure the development of an efficient modern trading system" that would "protect the rights and benefits of sellers, buyers, intermediaries, and the general public."
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The Ministry of Trade and Industry was established in August 1995 with the Proclamation No.4/1995 for assignation of powers to the executive organs of the Federal Democratic Republic of Ethiopia. It was reorganized by with proclamation No 619/2003 to amend the Proclamation No 256/2001 structure, with the ministry has power to oversee five ...