A trade delegation composed of several companies from Belgium and Luxembourg is set to visit Ethiopia from June 1 - 4, 2025, ...
Ethiopia’s horticulture sector has generated USD 366 million in revenue over the past eight months, Minister of Agriculture ...
The Ethiopian government has allocated Birr 45 billion to implement ten new initiatives aimed at strengthening the mining sector and increasing foreign currency earnings, the Ministry of Mines ...
The central bank stated that Ethiopia’s external balance of payments has improved since the launch of a comprehensive macroeconomic reform in July 2024. As a result, the country’s foreign exchange ...
The Commercial Bank of Ethiopia (CBE) and MasterCard have introduced a new range of plastic and virtual payment cards. The ...
Ethiopia has shown progress in its import substitution strategy, producing goods worth USD 2.7 billion in the first eight months of the current fiscal year, according to the Ministry of Industry.
Frehiwot Tamru, CEO of Ethio Telecom, and Mark Elliott, President of Mastercard Africa, recently met to discuss potential collaborations aimed at advancing digital financial services across Ethiopia.
TOYO Solar has announced an expansion of its solar cell manufacturing capacity at the Hawassa Special Economic Zone (HSEZ) with a USD 47 million investment, bringing its total investment in Ethiopia ...
Ethiopian Electric Power (EEP) has confirmed that it is currently supplying 265 megawatts (MW) of electricity daily to Kenya under a power purchase agreement between the two nations. The Ethio-Kenya ...