Ethiopia is set to be among the first beneficiaries of a new partnership announced on January 12, 2026, between insurance group Generali and the United Nations Industrial Development Organization ...
Globally, Bitdeer reported 1,658 MW of total electrical capacity online across multiple sites and 1,344 MW in pipeline capacity, with Ethiopia included among its named jurisdictions alongside the ...
Ethio-Djibouti Railway Share Company (EDR) says it plans to double its fleet of freight wagons and electric locomotives by the end of this year, a move intended to raise cargo-handling capacity on the ...
The proposed deal still needs sign-off from the International Monetary Fund and Ethiopia’s bilateral creditors. Based on the government’s statement, bondholders would accept a 15% cut to principal, ...
Carrefour, a Global Supermarket Retailer, Signs Franchise Partnership to Roll out Stores in Ethiopia
Carrefour has announced a franchise and supply partnership with Queens Supermarket PLC, a subsidiary of Midroc Investment Group, to introduce Carrefour-branded retail operations in Ethiopia.
The company said performance was supported by its general insurance business and higher investment income, while inflation, price competition, and rising operating costs continued to weigh on margins.
The Ministry of Revenues and the Commercial Bank of Ethiopia have signed a bilateral agreement on the provision of services ...
Ethiopian Investment Holdings (EIH) has introduced a new digital platform named Adera, developed to collect reports related to corruption and malpractice within state owned enterprises under its ...
The National Bank of Ethiopia (NBE) has decided to maintain its tight monetary policy stance while introducing additional measures aimed at managing liquidity and supporting price stability.
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