Japanese solar panel manufacturer Toyo Solar has launched pilot production at its newly established facility in the Hawassa ...

Ethiopian Electric Power (EEP) announced that it generated 13,504.2 gigawatt hours (GWh) of electricity in the first half of the 2024/25 fiscal year, surpassing its target by 15.6%.

Ethiopia generates over USD 1.016 billion in the first seven months of the fiscal year from coffee, tea, and spice exports.

The Ethiopian Construction Works Corporation (ECWC) announced that it is currently managing 57 projects with a combined contract value of Birr 45.2 billion. The state-owned construction firm aims to ...

Ethiopia’s flower exports declined by 7% during the peak Valentine’s Day season, with shipments dropping from 2.91 million ...

The Ethiopian Businesswomen Association held its inaugural general assembly, progressing in its mission to empower and support women entrepreneurs and business professionals across the country.

A new oil factory, built at a cost of Birr 150 million, has been officially inaugurated in Assosa town, Benishangul Gumuz region. The factory is expected to enhance local oil production and reduce ...

The Ethiopia-China Economic and Trade Forum commenced yesterday at the Skylight Hotel. The forum was jointly organized by Ethiopia’s Ministries of Foreign Affairs and Trade & Regional Integration, ...

Dangote Group, Africa’s leading industrial conglomerate, has announced a major expansion in Ethiopia, reinforcing the country ...

The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with USD 60 million available for bidding by all banks. The auction follows ...

Ethiopia's sovereign wealth fund, Ethiopian Investment Holdings (EIH), has announced plans to introduce competition into the country’s multimodal transport sector, marking a shift in an industry long ...