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Ethiopian Airlines’ Urumqi link becomes key cargo corridor between Africa and Asia
Addis Ababa, July 24, 2025 (FMC) – An executive from Ethiopian Airlines, Africa's leading carrier and one of the fastest-growing global airline brands, has described the airline’s new cargo…
Türkiye emerges as Ethiopia’s second-largest foreign investor
Addis Ababa, July 23, 2025 (FMC) -- Türkiye has become Ethiopia’s second-largest foreign investor, contributing nearly 2.5 billion USD spanning from textiles, agribusiness to digital…
Ethiopia’s Finance Ministry launches first-ever issuance calendar for T-Bills
Addis Ababa, July 22, 2025 (FMC) — As part of ongoing efforts to reform and modernize public finance management and to foster market-based deficit financing through domestic-currency…
Ethiopia secures record 32.1 billion USD in foreign revenues
Addis Ababa, July 22, 2025 (FMC) — Ethiopia generated a record 32.1 billion US dollars in foreign revenue during the 2024/25 fiscal year, marking a significant leap from the previous year’s…
Ethiopia aims to curb inflation and strengthen fiscal discipline in 2025/26
Addis Ababa, July 17, 2025 (FMC) – Ethiopia’s 2025/26 fiscal plan prioritizes reducing inflation to single digits while modernizing tax administration and ensuring fiscal discipline, the…
Ethiopia’s Economic Reforms Attract Growing Indian Investment Interest – Ambassador
Addis Ababa, July 13, 2025 (FMC) — India’s Ambassador to Ethiopia, Anil Kumar Rai, has lauded Ethiopia’s Homegrown Economic Reform Agenda as a game-changer that is drawing increasing…
Ethio Telecom, Partners Roll Out ‘Zooriya’ Digital Business Automation Platform
Addis Ababa, July 13, 2025 (FMC) — In a strategic move to accelerate Ethiopia’s digital economy, Ethio Telecom, Dashen Bank, and ETA Solutions have jointly launched “Zooriya”, an advanced…
Ethiopia Ushers in New Financial Era with Historic Securities Exchange Launch
Addis Ababa, July 11, 2025 (FMC)— Ethiopia has marked today a pivotal moment in its financial sector with the official listing and commencement of trading of Government Treasury Bills on the…
CBE’s Total Assets Reach 2.3 Trillion Birr as Customer Base Surpasses 43 Million
Addis Ababa, July 11, 2025 (FMC) — The Commercial Bank of Ethiopia (CBE) has announced that its total assets have climbed to 2.3 trillion birr, marking a major milestone in the bank’s…
Ethiopian Airlines launches first-ever direct flight to Hanoi, expanding reach in Southeast Asia
Addis Ababa, July 10, 2025 (FMC) — Ethiopian Airlines, Africa’s largest carrier and one of the world’s fastest-growing airline brands, has officially launched its first direct passenger…