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

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 ...

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 is experiencing a surge in urbanization, with the number of recognized cities climbing to 2,543, up from fewer than 1,000 just a decade ago, according to new data from the Ministry of Urban ...

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

The Oromia Construction Corporation has reported revenue exceeding Birr 15.5 billion from 85 completed construction projects in the 2024/25 fiscal year.

Ethiopian Shipping and Logistics (ESL) has unveiled plans to enter Ethiopia’s railway sector, expanding its operations beyond maritime transport and strengthening its position as a multimodal ...

Abyssinia Bank has announced a partnership with FastPay Digital LLC, a U.S.-based company with a branch in Ethiopia, to enhance its international digital remittance services. The agreement is set to ...

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 ...

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 ...