Meanwhile, the number of customers using the telebirr mobile money platform rose to 60.59 million. Telebirr processed ...

Global coffee production and consumption are both expected to reach record levels in the 2026/27 marketing year, with ...

The Ethiopian government is preparing to introduce a new motor vehicle ownership tax and establish a formal mechanism for sharing the resulting revenue between the federal government and regional ...

Ethiopia’s foreign exchange reserves are projected to approach USD 6 billion by the end of the 2025/26 fiscal year, according to the International Monetary Fund (IMF), reflecting continued progress ...

The Immigration and Citizenship Service collected more than Birr 42.7 billion in revenue from passport, visa, and other immigration related services during the 2025/26 fiscal year. Director General ...

Addis Ababa attracted more than Birr 1.3 trillion in capital investment over the past five years, supported by projects in ...

The Ethiopian Media Authority has announced that it is preparing amendments to the Media Proclamation to bring unregistered digital media operators under a formal registration, monitoring and ...

Ethiopia has granted regulatory approval for Zijin Gold International’s USD 4 billion acquisition of Allied Gold Corporation, ...

The Ethiopian Capital Market Authority has granted licenses to three new capital market service providers, increasing the ...

The National Bank of Ethiopia (NBE) has removed the credit growth cap imposed on commercial banks and raised its policy interest rate by one percentage point as part of measures intended to maintain ...

Safaricom Ethiopia has signed a Joint Venture Agreement with the National ID Program and Africom Technologies PLC to support the implementation of the National Fayda Digital ID Registration Project.