The federal government has submitted a draft budget totaling Birr 1.93 trillion for the 2025/26 fiscal year to the House of People’s Representatives during its 35th regular session today.

The South Ethiopia Regional State has exceeded its annual coffee supply target, delivering more than 38,000 tons of coffee to ...

The African Export-Import Bank (Afreximbank) has announced a USD 1 billion financing commitment for Ethiopia over the next 12 months, urging businesses and financial institutions to seize the ...

The Ethiopian government has submitted its draft budget for the 2025/26 fiscal year to the House of People's Representatives (HPR), with total proposed expenditures nearing two trillion birr. The ...

In a regulatory shift aimed at improving professionalism in the coffee export sector, the Ethiopian Coffee and Tea Authority ...

Chinese manufacturing giant Huajian Group has signed a USD 100 million investment agreement to launch operations in ...

Wegagen Capital Investment Bank S.C. has officially launched operations, becoming Ethiopia’s first private investment bank ...

The Financial sector has a long history in Ethiopia that traces to the establishment of the first bank in 1905, the Bank of Abyssinia. However, the capital goods leasing sector is one of the most ...

Japanese electric vehicle manufacturer and distributor, Dodai Manufacturing, has officially partnered with the Addis Ababa ...

According to Getinet Yigzaw, CEO of the Ethiopian Convention Bureau, 31 global conferences are scheduled for June and 43 for July, to be held in cities including Addis Ababa, Dire Dawa, Bahir Dar, ...

The Ministry of Tourism has awarded five-star ratings to eleven hotels in the capital following a comprehensive re-evaluation conducted for the 2024/25 Ethiopian budget year. The reassessment, aimed ...