Prime Minister Abiy Ahmed announced that Ethiopia will begin producing and exporting gas to the global market next year, ...

Prime Minister Abiy Ahmed announced today that the Grand Ethiopian Renaissance Dam (GERD) has been completed and will be officially inaugurated this September. Speaking during the 42nd regular session ...

Awash Bank has announced a record unadjusted profit before tax of Birr 22 billion for the fiscal year ending July 7, marking a 113 percent increase, equivalent to Birr 12 billion birr, compared to the ...

The Southwestern Ethiopian Peoples’ Regional State has delivered 150 kilograms of gold to the National Bank of Ethiopia ...

Ethiopia’s Ministry of Finance has finalized a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), formalizing a debt treatment agreement first reached in principle in March ...

The House of Peoples’ Representatives has passed a new proclamation permitting foreign nationals to own immovable property in Ethiopia. The decision aims to encourage investment in the country’s real ...

Arba Minch City has earned Birr 16.7 million in tourism revenue so far this Ethiopian fiscal year, marking an increase of Birr 7 million compared to the same period last year, according to Mesfin ...

The Yirgalem Integrated Agro Industrial Park has generated more than USD 2.2 million in revenue over the past 11 months from exporting crude avocado oil to international markets, according to the ...

The Ministry of Revenues has announced that it has collected more than Birr 815 billion in the first 11 months of the current fiscal year, according to a performance report presented to the Standing ...

The Sidama Regional State has supplied 38,487 tons of coffee to Ethiopia’s central market during the first 11 months of the 2024/25 Ethiopian fiscal year, achieving 96% of its annual supply target.

The Ministry of Urban and Infrastructure has announced that around 250 companies from 20 countries will showcase their products and services at the third Big 5 International Construction Exhibition, ...

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%.