The Ethiopian Mineral Corporation (EMC) and Sunbird Bioenergy Africa have signed a Memorandum of Understanding (MoU) to ...

The National Bank of Ethiopia (NBE) has directed all commercial banks to compile and submit information on customers who use personal bank accounts for business or illicit purposes.

Prime Minister Abiy Ahmed (PhD) announced that civil works on the Koisha Power Generation Project have reached 70 percent ...

Ethiopia’s coffee export earnings rose sharply in the first three months of the 2025/26 fiscal year, generating USD 762.75 ...

Ethiopia has secured USD 110 million in financing from the European Investment Bank (EIB) to support the third phase of the ...

Ethiopian banks have improved their positions in the 2025 Africa Business Top 100 African Banks Report, showing steady ...

Wegagen Bank, one of Ethiopia’s leading private financial institutions, has signed a five-year growth partnership agreement ...

The Gamo Development Association has unveiled a Birr 50 million modernization project at the historic Arba Minch Crocodile Ranch, the first crocodile farm in East Africa, originally established in ...

The Ministry of Finance has confirmed that negotiations with private creditors over Ethiopia’s USD 1 billion Eurobond, due in 2024, have collapsed without a deal, intensifying the country’s ongoing ...

The Ethio-Djibouti Railway (EDR) SC is undergoing a major structural transformation into a holding company, supported by a new World Bank-funded initiative. This move aims to strengthen its role in ...

Ethiopia earned more than USD 2.48 billion in export revenue during the first quarter of the 2025/26 fiscal year, according to the Ministry of Trade and Regional Integration. At a forum reviewing the ...

Zemen Bank has announced a record breaking financial performance for the 2024/25 fiscal year, which ended in 2025/26, with profits and assets showing substantial growth across key indicators.