Ethiopia’s foreign exchange reserves are projected to approach USD 6 billion by the end of the 2025/26 fiscal year, according to the International Monetary Fund (IMF), reflecting continued progress ...
The Immigration and Citizenship Service collected more than Birr 42.7 billion in revenue from passport, visa, and other immigration related services during the 2025/26 fiscal year. Director General ...
Addis Ababa attracted more than Birr 1.3 trillion in capital investment over the past five years, supported by projects in ...
Ethiopia has granted regulatory approval for Zijin Gold International’s USD 4 billion acquisition of Allied Gold Corporation, ...
The Ethiopian Media Authority has announced that it is preparing amendments to the Media Proclamation to bring unregistered digital media operators under a formal registration, monitoring and ...
The Ethiopian Capital Market Authority has granted licenses to three new capital market service providers, increasing the ...
The National Bank of Ethiopia (NBE) has removed the credit growth cap imposed on commercial banks and raised its policy interest rate by one percentage point as part of measures intended to maintain ...
Dangote Group is planning a major expansion into East Africa through the development of a proposed USD 17 billion oil refinery in Kenya, a project that could reshape the region’s energy landscape and ...
Ethiopia has taken another step toward joining the World Trade Organization after signing a Bilateral Market Access Protocol ...
Safaricom Ethiopia has signed a Joint Venture Agreement with the National ID Program and Africom Technologies PLC to support ...
OLA Energy Group has signed a Share Purchase Agreement with TotalEnergies to acquire TotalEnergies Marketing Ethiopia, ...
The Ethiopian Commodity Exchange recorded its highest-ever trading volume in the last fiscal year, with transactions reaching Birr 50.27 billion, CEO Mergia Baisa announced.
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