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Ethiopia grants one-year tax exemption on import of motorized boats to boost tourism
Addis Ababa, September 13, 2025 (FMC) — Ethiopia’s Ministry of Finance has introduced a one-year exemption on import duties and taxes for motorized boats, as part of government measures to…
Ethiopian Airlines to Begin International Operations from Bishoftu Airport by 2030
Addis Ababa, September 11, 2025 (FMC) – Ethiopian Airlines Group CEO Mesfin Tasew has announced that the new Bishoftu International Airport is slated for completion within the next five…
Kenya ready to purchase GERD power to boost industry and regional integration
Addis Ababa, September 9, 2025 (FMC) – Kenyan President William Ruto today confirmed Kenya’s readiness to sign an expanded power purchase agreement with Ethiopia to offtake surplus…
Ethiopia Marks Seven Years of Reform-Driven Progress, Finance Minister Highlights Economic…
Addis Ababa, September 8, 2025 (FMC) — Finance Minister Ahmed Shide praised Ethiopia’s successful reforms and resilience over the past seven years, emphasizing that the nation has built a…
Ethiopian Shipping and Logistics Drives National Economic Growth
Addis Ababa, August 31, 2025 (FMC) — Ethiopian Shipping and Logistics (ESL) has emerged as a key driver of Ethiopia’s economic growth, playing a vital role in the nation’s trade and…
“Buy Ethiopian” National Trade Week Expo 2025 Opens in Addis Ababa
Addis Ababa, August 30, 2025 (FMC) — The 2025 edition of the “Buy Ethiopian” National Trade Week Expo has officially opened at the Quality Village in Addis Ababa, showcasing locally made…
Fertilizer investment agreement with Dangote Group heralds Ethiopia’s “New Economic Renaissance”…
Addis Ababa, August 28, 2025 (FMC) — Ethiopia’s Finance Minister Ahmed Shide has described the fertilizer investment agreement signed with the Dangote Group as a historic milestone that will…
Ethiopia and Colombia Convene Business Roundtable to Expand Economic Cooperation
Addis Ababa, August 26, 2025 (FMC) — Ethiopia and Colombia convened a high-level business roundtable today at the Hyatt Regency Hotel in Addis Ababa, bringing together senior government…
Ethio telecom unveils “Next Horizon” strategy, targets 235.8 Billion birr revenue in 2018 EFY
Addis Ababa, August 26, 2025 (FMC) – State-owned operator Ethio telecom has launched its new three-year roadmap, the “Next Horizon: Digital & Beyond 2028 Strategy,” alongside its 2018…
CBE disburses $1.3 billion in FX in six weeks
Addis Ababa, August 17, 2025 (FMC) — The Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, confirmed that it has released more than $1.3 billion in foreign exchange…