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 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 ...

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 has planned to raise the minimum capital requirement for obtaining a coffee ...

Japanese electric vehicle manufacturer and distributor, Dodai Manufacturing, has officially partnered with the Addis Ababa Transport Bureau in a move aimed at promoting electric mobility and ...