The Ethiopian government has set a target of USD 8 billion in remittances from its diaspora community during the 2025/26 fiscal year, building on efforts to expand remittance channels and strengthen ...

The United States is seeking opportunities for American companies to participate in Ethiopian Airlines’ planned USD 12.5 billion Bishoftu International Airport project, according to a senior official ...

The Development Bank of Ethiopia (DBE) is preparing to disburse a 31 million euro concessional loan package to micro, small and medium enterprises operating in conflict affected areas of the country.

Ethiopia has set a target of earning USD 1 billion from manufacturing exports during the 2026/27 fiscal year, after the sector generated USD 607 million in the 2025/26 fiscal year. Industry Minister ...

Ethiopia’s installed electricity generation capacity has surpassed 9,730 megawatts as the country expands renewable energy ...

Global coffee production and consumption are both expected to reach record levels in the 2026/27 marketing year, with ...

The Ministry of Revenues collected Birr 1.518 trillion during the 2025/26 fiscal year, exceeding the government’s revised annual revenue target. The figure was announced during the annual performance ...

Meanwhile, the number of customers using the telebirr mobile money platform rose to 60.59 million. Telebirr processed ...

Ethiopia’s Immigration and Citizenship Service (ICS) has launched a 10 year residency permit, branded as the Golden Visa, as part of efforts to attract foreign investors and support the country’s ...

The Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, has confirmed that it has released more than USD 1.3 billion in foreign exchange since July 1, 2025. The bank said the ...

The Ministry of Tourism has announced that Ethiopia will host 74 international conferences over the next two months, marking a rise in conference tourism. According to Getinet Yigzaw, CEO of the ...

The Ethiopian government is preparing to introduce a new motor vehicle ownership tax and establish a formal mechanism for sharing the resulting revenue between the federal government and regional ...