The European Investment Bank (EIB Global) and the United Nations World Food Programme (WFP) have officially…
Category: Business and Economy
Ethiopia’s Annual Inflation Rate Rises to 15.3 Percent in July, Driven by Soaring Food Costs
Ethiopia’s headline inflation rate rose to 15.3 percent year-on-year in July 2026, up from 13.7 percent…
Ethiopia National Bank Forex Auction Sees Over $700 Million in Demand
The National Bank of Ethiopia (NBE) announced the results of its special foreign exchange auction conducted…
Over 40 Ethiopian Enterprises Sign Strategic Agreements to Boost Exports to China
More than 40 Ethiopian companies signed landmark memoranda of understanding (MoU) with Chinese enterprises today at…
Addis Ababa Chamber to Host 6th MATEX-ETHIOPIA 2026 International Expo in December
The Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) has officially announced that the 6th…
Unlocking Africa’s Era: Global Leaders Gather in London for the 2026 FT Africa Summit
The Financial Times has officially announced the 13th annual FT Africa Summit, taking place on October…
Air India Appoints Tewolde Gebremariam as New CEO and Managing Director
Air India, owned by Tata Group, has officially named former Ethiopian Airlines chief Tewolde Gebremariam as…
EFDA Lifts Production and Market Ban on ‘Fine’ Bottled Water After Quality Compliance
The Ethiopian Food and Drug Authority (EFDA) has officially lifted the production suspension and market distribution…
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…