The Oromia Sovereign Fund has signed a development agreement with MIDROC Investment Group to collaborate on projects in ...

Despite this expansion, only 275 of these urban centers have reached the level of city administration, while more than 2,000 remain at the municipal level. The uneven pace of development has created ...

Ethiopia’s coffee industry brought in USD 2.7 billion in revenue in the last fiscal year, according to the Ministry of ...

The agreement was signed by ERC CEO Hlina Belachew and COIPA Italia CEO Vito Favorito, in the presence of Ethiopia’s Minister of Transport and Logistics, Alemu Sime, who also chairs the ERC Board, and ...

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 Benishangul Gumuz region has seen an increase in fish production, with the Grand Ethiopian Renaissance Dam (GERD) Lake emerging as a primary source for the burgeoning industry. The Regional ...

Ethiopian Investment Holdings (EIH) has reported robust performance across its portfolio during the past fiscal year, driven by growth in energy, engineering, hospitality, logistics, and sugar ...

The Leather Industry Research and Development Center (LIRDC) has announced plans to establish a Leather Industry Park in Mojo, Oromia Region, following the completion of a government-approved ...

In the recently concluded fiscal year, Ethiopia exported 15,612 tons of spices, generating USD 14.94 million, according to the Ethiopian Coffee and Tea Authority (ECTA). Moges Ashenafi, head of the ...

The Hawassa City Administration has confiscated 15.7 hectares of land from 25 investors who failed to develop their projects, according to the city's Investment Promotion Office. The land, which was ...