The Ministry of Water and Energy (MoWE) has announced that the country’s energy generation capacity has exceeded 6,000MW.

Kurmuk Gold Mine PLC has announced its gold mining plant will begin commissioning by the end of 2025, with full-scale ...

The Addis Ababa Investment Commission (AAIC) announced that 612 investors registered a combined capital of Birr 2.93 billion in the first quarter of the fiscal year, reflecting a 13% growth compared ...

The House of Peoples' Representatives has approved a supplementary budget of Birr 582 billion for the current fiscal year. The decision was made during the council's 6th regular meeting after Finance ...

Awash Bank announced significant financial achievements at its 29 th Annual General Meeting held in Addis Ababa. The bank's total assets reached Birr 282 billion during the 2023/24 fiscal year, ...

Ethiopia plans to export 100 megawatts of electricity to Tanzania through Kenya as part of a growing cross-border electricity trade initiative. Ethiopian Electric Power (EEP) announced the move ...

The National Bank of Ethiopia (NBE) is set to undergo significant institutional reorganization as the country moves toward a more liberalized financial system. Two key proclamations—the NBE ...

The Debre Birhan City Administration announced that investment licenses have been granted to developers who registered a combined capital of Birr 10 billion during the past quarter. The town’s Mayor, ...

The Benishangul Gumuz Regional State has achieved a milestone in gold production, depositing 548 kilograms of gold into the National Bank of Ethiopia (NBE) in the first quarter of this fiscal year.