The Ethiopian Shipping and Logistics (ESL) has officially launched the re-construction of the Kality Dry Port and Terminal following the signing of an agreement with the Ethiopian Engineering ...

The South West Ethiopia Peoples’ Regional State's Mining and Energy Development Agency has revoked the licenses of 32 gold mining producers in the region during the current fiscal year. The decision ...

The corporation also confirmed that the park’s infrastructure is now fully developed, allowing for large-scale investor engagement. Oromia Industrial Parks Development Corporation CEO Senait Mebre ...

Ethiopian Electric Power (EEP) has announced that it has generated more than USD 61 million from the sale of electricity to neighboring countries over the past six months while undertaking ...

Currently, only a few banks, including state-owned institutions such as the Commercial Bank of Ethiopia (CBE) and the Development Bank of Ethiopia (DBE), meet the threshold. CBE alone holds 43.5% of ...

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, ...

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 ...