Coffee parchment is the papery layer removed during drying and hulling, and it makes up roughly 6 to 10 percent of the dry ...

Ethiopia has been ordered to pay $213.7 million in net compensation to Turkish construction company Yapi Merkezi over the ...

Ethiopia is now the only country among six post-pandemic debt restructuring cases tracked globally that has yet to complete ...

Dangote Group aims to raise its annual revenue to $100 billion by 2030, up from the $36 billion it expects to close this year ...

A total of 194 researchers affiliated with Ethiopian institutions appear in the single-year ranking of the Stanford/Elsevier ...

Awash Bank, Ethiopia’s largest private lender, has launched a five-card payment portfolio with Mastercard, aimed at customers ranging from high-net-worth individuals to ordinary account holders and ...

Ethiopia is set to assume the Alternate Executive Director position of the World Bank Group’s Africa Group 1 Constituency on November 1, with Sandokan Debebe Jemaneh taking up one of the most ...

Ethiopian investors with at least Br10 million in capital will be able to buy into the Dangote Petroleum Refinery initial public offering (IPO) through Ethiopian depository receipts priced at Br74.90 ...

Abay Bank posted a profit before tax of Birr 6.22 billion for the year ended 30 June 2026, up from Birr 4.22 billion a year ...

Bank of Abyssinia’s (BoA) non-performing loans tripled to Birr 15.64 billion in the year ended 30 June 2026, from Birr 5.18 billion a year earlier, according to the bank’s audited annual report. The ...

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 ...