South Ethiopia Regional State is gearing up to export banana products to the Middle East, announced Haliemariam Tesfaye, Head ...

Recently, the Ethiopian Investment Commission (EIC) designated 10 of these parks, including Adama, Hawassa, and Mekelle, as Special Economic Zones (SEZs). With the addition of the Dire Dawa SEZ, ...

ZamZam Bank announced a pre-tax profit of Birr 148 million for the 2023/24 fiscal year. The bank’s total income for the year exceeded Birr 850 million.

Ethiopia’s Livestock Development Institute has announced that the country generated USD 43 million from the export of animal ...

In the upcoming fiscal year, the National Bank of Ethiopia (NBE) is expected to revise its policy rate, commonly referred to as the National Bank Rate (NBR). The current rate, set at 15 percent, was ...

The Commercial Bank of Ethiopia (CBE) revealed that its total assets reached Birr 1.9 trillion. The bank’s President, Abe Sano, attributed this achievement to the macroeconomic reforms implemented ...

Ethiopian Electric Power (EEP) announced that its dams were fully replenished after the recent rainy season, ensuring ...

Ethiopia has signed a host country agreement with AeTrade Group, an African Diaspora-led social enterprise, to establish its ...

The World Bank has approved a USD 700 million credit through the International Development Association (IDA) to support ...

Chinese automotive giant BYD officially debuted in Ethiopia with a brand launch event in Addis Ababa, partnering with local distributor MOENCO, a subsidiary of London-based Inchcape PLC. The event ...

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 December 2024.