The Industrial Parks Development Corporation (IPDC) says it attracted more than USD 377 million in new investment during the first half of Ethiopia’s 2025/26 fiscal year, drawing 64 investors into the ...
The Commercial Bank of Ethiopia (CBE) on Tuesday launched CBE Connect, a new digital platform designed to combine multiple financial services in a single application and enable direct transfers from ...
Ethiopia’s Council of Ministers, approved a set of policy decisions on Tuesday covering customs reform, investment incentives, and entrepreneurship development.
Ethiopian Airlines has confirmed an order for nine Boeing 787-9 Dreamliner aircraft, with deliveries scheduled between 2031 ...
Ethiopia is set to be among the first beneficiaries of a new partnership announced on January 12, 2026, between insurance group Generali and the United Nations Industrial Development Organization ...
Globally, Bitdeer reported 1,658 MW of total electrical capacity online across multiple sites and 1,344 MW in pipeline capacity, with Ethiopia included among its named jurisdictions alongside the ...
Ethio-Djibouti Railway Share Company (EDR) says it plans to double its fleet of freight wagons and electric locomotives by the end of this year, a move intended to raise cargo-handling capacity on the ...
The company said performance was supported by its general insurance business and higher investment income, while inflation, price competition, and rising operating costs continued to weigh on margins.
The National Bank of Ethiopia (NBE) has formally re-licensed the Representative Office of Standard Bank, marking the first such approval issued under the country’s newly revised Banking Business ...
Standard Insurance S.C. is preparing to enter the Ethiopian insurance market within the next few days, positioning itself as the country’s 19th insurance company. Ethiopia continues to have one of the ...
The Ethiopian Mineral Corporation (EMC) and Sunbird Bioenergy Africa have signed a Memorandum of Understanding (MoU) to advance Ethiopia’s renewable energy and biofuel production, marking a ...