ECX splits into two By Dawit Taye The Reporter Ethiopia September 05, 2015 The Ethiopia Commodity Exchange (ECX), the first organized exchange in Ethiopia, is set to split into two giving rise to another state-owned enterprise called the Ethiopian Agricultural Commodities Warehousing Service Enterprises (EACWSE) which will be in business of providing an innovative warehousing services to ECX and other customers in the market. The company will be the latest to be incorporated as SoE under the supervision of the Privatization Public Enterprises Supervisory Agency (PPESA) which is established with an authorized capital of one billion birr and paid up capital of 250 million birr. Ermias Eshetu, CEO of ECX, told journalists at a press conference on Thursday that the international experience dictates that the two services be separated from one another to facilitate the activities of the trading institutions. And from the context of the local market, the warehousi...