A trade delegation composed of several companies from Belgium and Luxembourg is set to visit Ethiopia from June 1 - 4, 2025, ...

The Ethiopian government has allocated Birr 45 billion to implement ten new initiatives aimed at strengthening the mining sector and increasing foreign currency earnings, the Ministry of Mines ...

Ethiopia’s horticulture sector has generated USD 366 million in revenue over the past eight months, Minister of Agriculture ...

The Commercial Bank of Ethiopia (CBE) has disbursed over Birr 264 billion in loans over the past eight months, with the majority directed toward the private sector, according to its president, Abe ...

The Commercial Bank of Ethiopia (CBE) and MasterCard have introduced a new range of plastic and virtual payment cards. The ...

Established in 2010, Alemu Nega Haile Export ranks amongst the leading Exporting firms in the field of Agro based Commod ...

The central bank stated that Ethiopia’s external balance of payments has improved since the launch of a comprehensive macroeconomic reform in July 2024. As a result, the country’s foreign exchange ...

TOYO Solar has announced an expansion of its solar cell manufacturing capacity at the Hawassa Special Economic Zone (HSEZ) with a USD 47 million investment, bringing its total investment in Ethiopia ...

Ethiopian Electric Power (EEP) has confirmed that it is currently supplying 265 megawatts (MW) of electricity daily to Kenya ...

Ethiopia has shown progress in its import substitution strategy, producing goods worth USD 2.7 billion in the first eight months of the current fiscal year, according to the Ministry of Industry.

Frehiwot Tamru, CEO of Ethio Telecom, and Mark Elliott, President of Mastercard Africa, recently met to discuss potential collaborations aimed at advancing digital financial services across Ethiopia.

As a result of the increase, the price of one liter of gasoline has risen from Birr 101.47 to Birr 112.67, marking an 11.04% ...