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 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 ...

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

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

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

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 ...

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 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.

Ethio Telecom announced that it earned Birr 162 billion in revenue during the 2024/25 Ethiopian fiscal year, marking a significant milestone in its ongoing digital transformation efforts.

Abyssinia Bank has officially launched a fully paperless banking service at its Ras Premium Branch. The new system was inaugurated on Saturday at a ceremony attended by key stakeholders, including the ...