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

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 ...

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

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

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 ...

Hibret Insurance's total premium income for the year reached Birr 1.96 billion, with non-life insurance products contributing Birr 1.7 billion. The company’s paid-up capital rose to Birr 1 billion, ...

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 ...

The National Bank of Ethiopia (NBE) has announced that starting December 1, 2024, all payment service providers in the country must adopt standardized QR codes for digital payments. This move aims to ...

In its fourth regular session, Ethiopia's House of Peoples' Representatives (HPR) examined and unanimously approved a loan agreement between Ethiopia and South Sudan, aiming to bolster regional ...