TOYO Solar has signed a Memorandum of Understanding (MoU) with the Ethiopian Investment Commission (EIC) to invest USD 60 ...

Zemen Insurance announced at its 6th regular general meeting of shareholders that it achieved a substantial growth in premium income over the past fiscal year. The company reported collecting Birr 545 ...

Ethiopia, which is liberalizing its economy, is in the final stages of opening its logistics sector to foreign investment.

Ovid Real Estate has announced plans to construct 5,000 homes for drivers of Hybrid Designs’ RIDE service and artists associated with Sewasew Multimedia. In a recent agreement, the two companies have ...

The Ministry of Urban and Infrastructure has unveiled a smart city initiative aimed at transforming 275 towns across Ethiopia ...

“We are excited to simplify the payment process for our users through our partnership with Awash Bank,” said Dr. Yekenalem ...

The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective October 08, 2024. The price ...

The Ethiopian Coffee and Tea Authority (ECTA) has unveiled a strategic plan to significantly enhance the country's tea, spice, and coffee production. ECTA’s Director General, Dr. Adugna Debela, ...

The National Bank of Ethiopia (NBE) has taken a significant step towards deepening the country's foreign exchange market by granting licenses to five companies to operate as Independent Foreign ...