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 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.

Ethiopia has inaugurated a specialty coffee trading center in Zhuzhou, Hunan Province, as part of ongoing efforts to expand its coffee trade engagement with China.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 December 2025.

Phoenix Group, a portfolio company of International Holding Company (IHC) and a global operator of digital asset infrastructure, has launched a 30-megawatt (MW) crypto-mining and digital ...

The Ministry of Revenues has introduced a new draft Value Added Tax (VAT) Refund Directive designed to align with last year’s VAT Proclamation amendments, proposing major changes to refund eligibility ...