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

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

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 ...

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 ...

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 ...

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

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 ...

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).

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 ...

Ethio Telecom and the Oromia Regional State’s Revenues Bureau have signed an agreement to implement a digital tax payment system through the Telebirr platform. This new system will replace the manual ...