News

The Industrial Parks Development Corporation (IPDC) has announced an increase in the participation of local investors in Ethiopia’s Special Economic Zones (SEZs), with their share now exceeding 60%.
Ethiopia transported more than 15.8 million metric tons of revenue and expenditure cargo during the first 11 months of the current Ethiopian fiscal year, according to a report presented to the House ...
The Sidama Regional State has supplied 38,487 tons of coffee to Ethiopia’s central market during the first 11 months of the ...
The Ministry of Urban and Infrastructure has announced that around 250 companies from 20 countries will showcase their ...
The Somali Regional State’s Pastoral Development Bureau announced a major increase in camel milk production, rising from 1.4 ...
The Ethiopian Investment Holdings (EIH) signed a memorandum of understanding (MoU) with US International Finance Partners (USIFP) on the sidelines of the U.S.-Africa Business Summit in Luanda, Angola.
The occupancy rate across Ethiopia’s Special Economic Zones (SEZs) has climbed to 89%, according to the Industrial Parks Development Corporation (IPDC). Zemen Junedi, Deputy CEO of IPDC’s Promotion ...
NIB Bank has entered into a strategic partnership with Arifpay Financial Technologies, a leading Ethiopian fintech company, to roll out digital payment solutions aimed at businesses and consumers ...
The Ethio-Djibouti Railway (EDR) has announced plans to expand its operations by investing in a major construction project in Djibouti, including a proposed 49% stake in the Damerjog fuel storage ...
Dashen Bank has officially launched a new service enabling customers to safely deposit valuable assets, including gold, precious metals, securities, pearls, passports, marriage certificates, and other ...