Joy in Ethiopia as Mother Safely Delivers Quadruplets at Adola Wayu Hospital

​A mother has successfully given birth to quadruplets in Ethiopia’s Guji Zone, bringing immense joy to…

MIDROC Signs Historic $80M Loan Deal with IFC to Transform Ethiopia’s Hospitality Sector

​MIDROC Investment Group has signed a historic $80 million long-term loan agreement with the International Finance…

Prosperity Party Dominates 24 Constituencies in Recent Election Results as Opposition Secures Few Seats

​The Prosperity Party (PP) has secured the vast majority of seats across 24 constituencies, while opposition…

Council Approves 2.33T Birr Ethiopian Next Budget

​The Ethiopian Council of Ministers has officially approved a historic 2.33 trillion birr draft budget for…

Ethiopia Passes Strict Customs Law to Confiscate Contraband Vehicles

The Ethiopian House of People’s Representatives has officially ratified a stringent new customs amendment that authorizes…

NBE Permits Embassies and Investors to Import Fuel via Franco-Valuta

​The National Bank of Ethiopia (NBE) has officially implemented a new directive authorizing foreign embassies, international…

Ethiopia Approves New Criminal Procedure Law to Replace 64-Year-Old Code

​The House of Peoples’ Representatives has approved a new proclamation to replace Ethiopia’s 64-year-old Criminal Procedure…

Tragic Traffic Accident in East Gurage Zone Claims 11 Lives

​A devastating traffic accident in the East Gurage Zone has resulted in the tragic deaths of…

Ethiopia Grants First Foreign Investment Banking License to Nigeria’s United Capital

​The Ethiopian Capital Market Authority (ECMA) has issued the country’s first foreign investment banking license to…

Joint Operation Rescues Kidnapped Sri Lankan Nationals in Ethiopia ​

Six suspects, including two Ethiopians and four Pakistani nationals, have been arrested for allegedly kidnapping three…