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

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 ...

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.

The Ethiopian government is preparing to issue a bond worth Birr 900 billion to address unpaid loans provided by the Commercial Bank of Ethiopia (CBE) to government development organizations. The bond ...

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 ...

Ethiopian Airlines Group has acquired the Airbus A350-1000, making it Africa’s first airline to operate this largest and most advanced passenger aircraft. The A350-1000’s enhanced capacity is believed ...

The Industrial Parks Development Corporation (IPDC) reported that it had attracted USD 300 million in investments and generated over USD 26 million in export revenue in the first quarter of the ...