Ethiopia’s Public Procurement and Property Administration Agency passes directive on asset purging

The Public Procurement and Property Administration Agency is going to be responsible for purging items such…

Ministry of Finance and Ministry of Trade and Industry pass directives on the price of oil, cement, rebar, and ceramics

The directives have been issued as part of efforts to mitigate the price surges rampaging across…

Redfox Solutions to add its data centre to the growing list of centres in Addis Ababa

The data center is slated to begin operations as early as September of this year.

Experts expect Ethiopia to experience issues related to the AfCFTA; say needs to revise trade policies

Many suggest that both the pace and nature of Ethiopia's current economic reforms are not lacking…

Ethiopia seeking more debt relief; experts say might increase market pressures on other poor countries

Ethiopia had been listed as part of the DSSI a few weeks ago and the country…

Ethiopia listed as a beneficiary of G20 Summit initiative

Ethiopia's total debt is currently listed at 54.7 billion USD, an amount that is marginally lower…

Ethiopia’s first hybrid partnership geothermal project starts drilling at second site

THe Ethiopian Electric Power Corporation (EEPC) plans on buying power from the project for the next…

Ethiopia’s Council of Ministers approves the establishment of a stock market

While Ethiopia currently has a viable commodity exchange market, ECX, the nation's development plans desperately need…

Ethiopia brought in nearly 770 million USD in exports during the first quarter of 2020/2021

The Ethiopian Ministry of Finance has reported that it has collected 769.9 million USD from exports…