Aug 10 , 2025
The manufacturing sector has inched past its domestic market share goal for the 2024/25 fiscal year, reaching 44.84pc against a planned 44.76pc. The figure marks an improvement from last year's 40.8pc...
Aug 7 , 2025
The Ethiopian Government and the International Fund for Agricultural Development (IFAD) have signed a 69.2 million dollar grant agreement to implement Phase II of the Lowland Livelihoods Resilience Pr...
Aug 3 , 2025
The National Bank of Ethiopia (NBE) has issued an expanded public warning targeting unlicensed remittance operators abroad, flagging four U.S.-based companies it says are undermining Ethiopia's financ...
The Accounting & Auditing Board of Ethiopia (AABE) has issued a new directive aimed at strengthening oversight and professional standards in the accounting and auditing sector. Grounded in the Fin...
The Ministry of Industry (MoI) has reported a modest rebound in Ethiopia's manufacturing exports, with revenues climbing eight percent in the 2025 fiscal year to reach 318 million dollars. Minister Me...
On July 27, 2025, the Ethiopian Ministry of Trade & Regional Integration announced updated retail prices for petroleum products. For the month of August, the prices of petrol, white diesel, kerose...
Ethiopia is aiming to break its own record in the global coffee trade, with the Ethiopian Coffee & Tea Authority targeting over 3 billion dollars in export revenues from coffee, tea, and spices fo...
The Industrial Parks Development Corporation (IPDC) reported revenues exceeding 4 billion Br for the 2025 fiscal year, achieving 99pc of its annual target. CEO Fisseha Yitagesu (PhD) announced that ex...
Jul 28 , 2025
Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions a...
As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brough...
Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations i...
Jul 27 , 2025
Bruh Vision specialized Eye Care Center, based in the Birra Building near Wollo Sefer, has become the first facility in Ethiopia to offer refractive surgery. The service was made possible through su...
Over 15.2 million quintals of fertiliser have entered Ethiopia through the Djibouti corridor as of July 20, 2025, according to the Ethiopian Maritime Authority(EMA). The shipments form part of the 24...
Dawit Wubishet has been officially welcomed as the new E-Data Stream State Minister at the Ministry of Revenues. Appointed by Prime Minister Abiy Ahmed (PhD), his entry was marked by a handover ceremo...
ZamZam Bank wrapped up its 2024/25 performance review with a headline-grabbing 764pc leap in pre-tax profits, reaching 1.3 billion Br. Total revenues topped 2.2 billion Br, while earnings per share cl...
The Addis Abeba Food & Drug Authority (AAFDA) has announced that it has taken administrative actions against 309 health and medicine-distributing institutions following inspection findings in the...
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