Ethiopia recorded a significant rebound in foreign direct investment (FDI) in 2024, attracting approximately US USD3.98 billion, a 21.9% increase compared to the previous year, according to the latest ...

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 ...

Abdusalam Kemal, Chairman of Hijra Bank’s Board, discussed the bank’s evolution from community-focused services to leveraging technology for greater impact. He stated, “Since our inception, we’ve ...

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 ...

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 ...

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 ...

Ethiopia, in partnership with the African Union, is set to host the Second Africa Climate Summit (ACS2) from September 8–10, 2025, reaffirming its role in advancing continental climate leadership.

The National Bank of Ethiopia (NBE) has issued a new directive aimed at regulating the investment activities of banks operating in the country. The “Limitation on Investment of Banks Directive No. SBB ...

Myriam Said, Digital Advisor to the prime minister, is the leading personality behind Ethiopia’s stride towards the digital economy. She coordinates initiatives implemented to advance digital ...

Jandyr Ferreira dos Santos, Brazil’s ambassador to Ethiopia, said Brazil had also expanded its institutional presence in Addis Ababa in recent years, establishing an agricultural attaché office and a ...

Former Advisor to Ethiopian Prime ministers, Neway Gebregab, has passed away today. He was a chief economic advisor to former Prime Ministers of Ethiopia, Hailemariam Desalegn and the late Meles ...

Ethiopia has recorded its highest-ever coffee export revenue, with the sector generating USD 1.868 billion over the past ten months of the current fiscal year — a historic milestone for the nation’s ...