In a policy shift aimed at enhancing foreign currency flexibility for exporters, the National Bank of Ethiopia (NBE) announced that exporters would be allowed to retain 50 percent of the foreign ...

Industrial Parks Development Corporation (IPDC) has officially announced that the Dire Dawa Free Trade Zone is now fully ...

UK-based KEFI Gold and Copper PLC has announced a USD 30 million investment opportunity for Ethiopian investors as part of ...

The Ministry of Trade and Regional Integration (MoTRI) announced that cement manufacturers in Ethiopia would now be able to ...

Ethiopian Electric Power (EEP) announced that the Aysha Wind Farm Project, a major renewable energy initiative with a 120 MW ...

EthSwitch S.C. has reported a net profit of ETB 789,609,373. for the 2023/2024 financial year. The announcement was made on November 12, 2024, during the 11th annual general meeting of EthSwitch.

Ethiopian Airlines is set to launch a new airline, Air Congo, in partnership with the Congolese government, according to Group CEO Mesfin Tasew.

Wegagen Bank has reported growth in its financial performance, with total assets reaching Birr 65.7 billion for the 2023/24 fiscal year. The announcement was made during the bank's 31st regular and ...