The federal government is preparing to impose a 15 percent value-added tax (VAT) on fuel sales beginning in July, marking a shift in the country’s fuel pricing policy. This move aligns with the ...

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

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 ...

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

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, ...

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

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

The Amhara region has saved more than USD 113 million over the past 10 months by producing 1.43 million tons of rice, reducing the need for costly imports and bolstering the local economy, officials ...

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