Ethiopia’s mining sector has shattered expectations with a gold export boom in the 2024/2025 fiscal year. Official reports reveal Ethiopia exported 22.5 tons of gold in just eight months – nearly four ...

The news of the establishment of a capital market has been received with hype and enthusiasm. It is hoped that it would support the national economy through the mobilization of capital for new ...

Born in Arsi, State of Oromia, the legendary coach Haji Adilo discovered his running ability at grade nine. Soon enough, he was able to compete in regional and national championships in the late 1980s ...

In Addis Ababa, where a third of Ethiopia’s urban population reside, a considerable number of people live in vulnerable and highly depleted houses and slum neighbourhoods. Not a small number of people ...

The National Bank of Ethiopia’s (NBE) latest report reveals encouraging progress in the fight against inflation. In April 2024, the country witnessed a significant decrease in inflation rates compared ...

VisionFund Microfinance Institution S.C., established in 1998, is the largest microfinance Institution in Ethiopia. It currently serves over 1.9 million clients across the country in both rural and ...

Eight years ago, when Ethiopia announced its bold decision to build the biggest possible dam on the Nile River, to which it contributes 86Pct of the water volume, with financing from domestic ...

Ethiopia has officially launched the €6 million ECOTRADE Project, a four-year initiative funded by the European Union (EU) to support the country’s implementation of the African Continental Free Trade ...

During the Christmas holiday exhibition at the Addis Ababa Exhibition Center one thing was visible- the presence of quite a number of Syrian exhibitors. The Syrians were trading from textile to ...

Gadaa Bank has officially listed its shares on the Ethiopian Securities Exchange (ESX), becoming the second company to join the exchange’s main board, after Wegagen Bank made its debut. The listing ...

The Ministry of Trade and Regional Integration has issued a statement clarifying recent misinformation suggesting that new taxes have been imposed on fuel sales. While the Ministry insists that no new ...

Africa faces an infrastructure financing gap of $68 billion to $108 billion according to African Development Bank reports, ...