In a policy shift aimed at enhancing foreign currency flexibility for exporters, the National Bank of Ethiopia (NBE) announced that exporters would be allowed to retain 50 percent of the foreign ...

EthSwitch S.C. has reported a net profit of ETB 789,609,373. for the 2023/2024 financial year. The announcement was made on November 12, 2024, during the 11th annual general meeting of EthSwitch.

Ethiopian Electric Power (EEP) announced that the Aysha Wind Farm Project, a major renewable energy initiative with a 120 MW ...

Industrial Parks Development Corporation (IPDC) has officially announced that the Dire Dawa Free Trade Zone is now fully ...

UK-based KEFI Gold and Copper PLC has announced a USD 30 million investment opportunity for Ethiopian investors as part of ...

Ethiopian Airlines is set to launch a new airline, Air Congo, in partnership with the Congolese government, according to Group CEO Mesfin Tasew.