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…
PM Abiy Praises Wolaita’s Role in Advancing Green Legacy and Fruit Cultivation
Addis Ababa, August 16, 2025 (FMC) — Prime Minister Abiy Ahmed has lauded Wolaita Sodo as a symbol of Ethiopia’s commitment to environmental restoration and sustainable development,…
Dine for Generations to Position Arba Minch as Major Tourism and Conference Hub – PM Abiy
Addis Ababa, August 16, 2025 (FMC) — Prime Minister Abiy Ahmed says the “Dine for Generations” projects in Arba Minch will transform the southern Ethiopian city into a leading tourist…
PM Abiy: Arba Minch Progress Reflects Ethiopia’s Vast Untapped Potential
Addis Ababa, August 16, 2025 (FMC) — Ethiopian Prime Minister Abiy Ahmed praised ongoing development projects in Arba Minch, highlighting the city’s potential to emerge as a major conference…
South Africa launches nationwide dialogue to address key challenges and shape future
Addis Ababa, August 15, 2025 (FMC) — South Africa has opened a national dialogue aimed at uniting all sectors of society to confront the country’s most pressing challenges and chart a…
Ethiopia gazettes provisional tariff concessions, paving way for AfCFTA trade benefits
Addis Ababa, August 15, 2025 (FMC) — Ethiopia has officially published its Provisional Schedule of Tariff Concessions (PSTCs) in the national gazette, a decisive move toward fully…
Iran announces 85% surge in exports to Africa in first quarter
Addis Ababa, August 15, 2025 (FMC) – Iran has reported an 85 per cent increase in exports to African nations during the first quarter of the Iranian year, according to a senior official. The…
PM Abiy visits Toyo Solar Plant in Hawasa, praises high-tech production and export potential
Addis Ababa, August 15, 2025 (FMC) – Prime Minister Abiy Ahmed visited the Vietnam Toyo Solar facility at Hawassa Industry Park on Friday, reviewing the operational solar cell plant and…
Ethiopia’s iconic fossils Lucy and Selam to promote nation’s rich prehistoric heritage in Europe
Addis Ababa, August 15, 2025 (FMC) – Ethiopia’s world-renowned hominid fossils, Lucy (Dinknesh) and Selam, departed today for the Czech Republic to be featured in a historic exhibition…
Policy Reforms in Energy Sector Enhance Private Sector Opportunities, Says State Minister
Addis Ababa, August 14, 2025 (FMC) – Ethiopia has strengthened the business environment for the private sector in the energy sector and beyond by opening up its economy and revising…