The Sidama Regional Industrial Parks Development Corporation has announced that six new companies would begin operations at the Yirgalem Integrated Agro-Industrial Park within the next two months. The ...

South Ethiopia Regional State is gearing up to export banana products to the Middle East, announced Haliemariam Tesfaye, Head of the State’s Agricultural Bureau. Preparations are underway to supply ...

Haile Hotels & Resorts Group has officially inaugurated its 10th resort in Jimma, marking another step in its ongoing expansion across Ethiopia’s major tourist destinations. The Jimma-Haile Resort ...

Ethiopian Electric Power (EEP) has reported earning more than USD 31.5 million from electricity exports to neighboring countries in the first quarter of the current fiscal year. CEO Ashebir Balcha ...

Industrial Parks Development Corporation (IPDC) has announced the transfer of over 90% of its 177 manufacturing sheds across 13 industrial parks to investors, contributing to job creation and economic ...

The Ministry of Revenues (MoR) of Ethiopia announced that Birr 380 billion was collected in the first five months of the current fiscal year. Revenue Minister Aynalem Nigussie attributed this ...

Ethiopian Electric Power (EEP) announced that its dams were fully replenished after the recent rainy season, ensuring sufficient water for power generation to meet this year’s ambitious targets.

Ethiopia has generated over USD 1 billion from gold exports in the past five months, a record-breaking achievement, according to the Ministry of Trade and Regional Integration. Speaking at the third ...

The Ministry of Trade and Regional Integration has announced plans to implement a trade policy within the next year. The policy aims to address trade imbalances, strengthen monitoring and enforcement ...

ZamZam Bank announced a pre-tax profit of Birr 148 million for the 2023/24 fiscal year. The bank’s total income for the year exceeded Birr 850 million. During its general shareholders' meeting, Board ...