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

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

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 ...

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

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 ...

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 ...

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 ...

Ethiopia’s Ministry of Planning and Development has been renamed the Ministry of National Strategy, the latest change of ...

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 ...

The Ministry of Trade and Regional Integration has issued a statement clarifying recent misinformation suggesting that new taxes have been imposed on fuel sales. While the Ministry insists that no new ...