The Ethiopian government has set a target of USD 8 billion in remittances from its diaspora community during the 2025/26 fiscal year, building on efforts to expand remittance channels and strengthen ...

The Ethiopian Investment Commission (EIC) announced that Ethiopia secured USD 4 billion in foreign direct investment (FDI) during the 2024/25 fiscal year, marking a 2.2 percent increase compared to ...

The Ethiopian Electric Utility (EEU) has announced plans to connect 154 rural localities to electricity, through both grid and off-grid systems, during the 2025/26 fiscal year.

The Sidama Regional Industrial Parks Development Corporation announced that it had earned more than USD 3.3 million from ...

The Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, has confirmed that it has released more than USD 1.3 billion in foreign exchange since July 1, 2025.

Ethiopia has signed its first country framework agreement with the International Solar Alliance (ISA), highlighting the nation’s growing role in advancing solar energy solutions for agriculture and ...

Ethiopian Electric Power (EEP) announced that it earned more than Birr 75.4 billion in revenue during the 2024/25 fiscal year ...

Addis Ababa Transport Bureau Operations Director, Ato Dagnachew Shiferaw, said the shift aligns with the city’s future transportation policy and strategy, which prioritizes buses and metered taxis ...

The Ethiopian Airlines Group has appointed the African Development Bank (AfDB) as the mandated lead arranger to secure USD 8 ...

Ethiopia has unveiled a plan to transform its construction industry and position local companies to compete across Africa. The announcement came during the launch of the Ethiopian Construction ...

The Addis Ababa City Administration Environmental Protection Authority has announced that it collected more than Birr 48 million in revenue from construction mineral producers during the 2024/25 ...

The Ethiopian Agricultural Corporation announced that it generated more than USD 1.64 million in revenue from the export of incense products during the completed 2024/25 fiscal year.