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Ethiopia records highest-ever export revenue, surpassing 8.3 Billion USD in past FY
Addis Ababa, October 6, 2025 (FMC) — Ethiopia earned 8.3 billion USD from exports in the 2024/25 fiscal year, marking the highest-ever revenue from foreign trade, President Taye…
World Bank VP: Modjo Logistics Hub Key to Ethiopia’s Competitiveness and Jobs
Addis Ababa, October 2, 2025 (FMC) — The World Bank has underscored the strategic role of Ethiopia’s logistics sector, highlighting the Modjo Green Logistics Centre expansion as a…
Ethiopia, Djibouti Establish Joint Technical Committee to Strengthen Logistics Cooperation
Addis Ababa, October 1, 2025 (FMC) — Ethiopia and Djibouti have agreed to establish a joint technical committee aimed at enhancing cooperation in the logistics sector, tackling existing…
Ethiopia Launches Strategic Drive to Boost Global Coffee Competitiveness
Addis Ababa, September 29, 2025 (FMC) — The Ethiopian Coffee and Tea Authority (ECTA) has unveiled a comprehensive plan to elevate the country’s coffee sector, targeting major gains in both…
Ethiopia to Launch AfCFTA Implementation as WTO Accession Bid Gains Momentum
Addis Ababa, September 29, 2025 (FMC) – Ethiopia will officially begin implementing the African Continental Free Trade Area Agreement (AfCFTA) next week, while also moving closer to securing…
NBE Maintains Tight Monetary Policy, Raises Credit Growth Target to 24%
Addis Ababa, September 29, 2025 (FMC) — The National Bank of Ethiopia (NBE) has maintained a tight monetary policy stance while raising the credit growth target for the fiscal year 2025/26,…
2nd Ethiopia-Djibouti Business Boosting Conference Kicks Off in Djibouti
Addis Ababa, September 29, 2025 (FMC) — The 2nd Ethiopia-Djibouti Business Boosting Conference has opened in Djibouti today under the theme “Logistics Facilitation for Regional Business…
Ethiopia’s reforms pave the way for sustainable and inclusive growth: Macroeconomic Adviser
Addis Ababa, September 23, 2025 (FMC) – Ethiopia’s sweeping macroeconomic reforms are setting the stage for a new chapter of sustainable, diversified, and inclusive growth, according to…
Ethiopia’s Financial Intelligence Service freezes 123 bank accounts in crackdown on illegal FX…
Addis Ababa, September 19, 2025 (FMC) – Ethiopia’s Financial Intelligence Service (FIS) announced the freezing of 123 bank accounts linked to alleged illegal foreign exchange (FX)…
Ethiopian Airlines reports record $7.6 Billion revenue, 19.1 million passengers in 2024/25 FY
Addis Ababa, September 16, 2025 (FMC) – Ethiopian Airlines Group CEO Mesfin Tasew today announced that the airline achieved a record $7.6 billion in revenue and transported 19.1 million…