Ethiopian Airlines reported a total revenue of $9.1 billion for the 2025/2026 fiscal year, navigating geopolitical…
Category: Business and Economy
Ethiopia Electric Utility Unveils $30.6 Billion Master Plan to Meet Surging Power Demand
The Ethiopia Electric Utility (EEU) has announced an ambitious 25-year electricity distribution master plan requiring an…
Ethio Telecom Reports 215.8 Billion Birr Revenue in FY 2018
Ethio Telecom has recorded 215.8 billion Ethiopian Birr in revenue for the 2018 Ethiopian fiscal year,…
National Bank of Ethiopia Releases USD 500 Million Foreign Exchange Auction Schedule
The National Bank of Ethiopia (NBE) has released its foreign exchange auction schedule for the first…
Ethiopia Allocates 33,000 Hectares of Infrastructure-Ready Land to Boost Horticulture Exports
The Ethiopian Horticulture Producer Exporters Association (EHPEA), in partnership with the Ministry of Agriculture, has officially…
Contractor and Ministry Defend Welmel and Chelchel Irrigation Projects Against Claims of Illegal Costs
The Ministry of Irrigation and Lowlands alongside contractor Alemayehu Ketema General Contractor have pushed back against…
Ethiopia and UAE to Host Bilateral Business Forum in Dubai to Expand Trade Ties
The Addis Ababa Chamber of Commerce and Sectoral Associations (Addis Chamber), in collaboration with the Dubai…
China Surpasses U.S. to Become Third-Largest Importer of Ethiopian Coffee
China has officially overtaken the United States to become the third-largest buyer of Ethiopian coffee, driven…
GERD’s Nigat Lake Fish Yield Surpasses Targets Amid Local Growth and Cooperative Challenges
A total of 11,367 tons of fish were harvested from Nigat Lake at the Grand Ethiopian…
Tewolde Gebremariam Selected to Lead Privatized Pakistan International Airlines
Pakistan International Airlines (PIA) has selected former Ethiopian Airlines Group Chief Executive Officer Tewolde Gebremariam as…