Ethio Telecom, Djibouti Telecom, and Sudatel Telecom Group have signed a Memorandum of Understanding (MoU) for the Horizon Fiber Initiative. This transformative project aims to enhance digital ...

The Ethiopian Investment Commission (EIC) announced today that 10 of the country's industrial parks have been promoted to ...

IMF highlighted Ethiopia’s homegrown economic reform program. One notable reform of Ethiopia’s economic agenda, according to IMF, is the shift to a market-determined exchange rate. The agreement ...

Sidama Bank recorded a net profit of Birr 71.6 million for the previous fiscal year, surpassing its initial profit target by 58 percent. The announcement was made during the bank's third regular and ...

In a significant move to boost the operational capabilities of Ethiopia's Dire Dawa Free Trade Zone, a formal cooperation ...

Kurmuk Gold Mine PLC has announced its gold mining plant will begin commissioning by the end of 2025, with full-scale ...

The Ministry of Water and Energy (MoWE) has announced that the country’s energy generation capacity has exceeded 6,000MW.

The Addis Ababa Investment Commission (AAIC) announced that 612 investors registered a combined capital of Birr 2.93 billion in the first quarter of the fiscal year, reflecting a 13% growth compared ...