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Ethiopia Plans New Vehicle Ownership Tax as Revenu…

Jul 20, 2026 | 2M Editor | Transport and Logistics

Ethiopia Plans New Vehicle Ownership Tax as Revenue Sharing Framework Takes Shape

The Ethiopian government is preparing to introduce a new motor vehicle ownership tax and establish a formal mechanism for sharing the resulting revenue between the federal government and regional states.

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IMF Expects Ethiopia’s Foreign Exchange Reserves t…

Jul 16, 2026 | 2M Editor | Banking and Finance

IMF Expects Ethiopia’s Foreign Exchange Reserves to Near USD 6 Billion as Reform Program Advances

Ethiopia’s foreign exchange reserves are projected to approach USD 6 billion by the end of the 2025/26 fiscal year, according to the International Monetary Fund (IMF), reflecting continued progress under...

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Immigration and Citizenship Service Collects Over …

Jul 16, 2026 | 2M Editor | Latest Business Alerts

Immigration and Citizenship Service Collects Over Birr 42.7 Billion in Revenue

The Immigration and Citizenship Service collected more than Birr 42.7 billion in revenue from passport, visa, and other immigration related services during the 2025/26 fiscal year.

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Ethiopia: Addis Ababa Attracts Over Birr 1.3 Trill…

Jul 14, 2026 | 2M Editor | Latest Business Alerts

Ethiopia: Addis Ababa Attracts Over Birr 1.3 Trillion in Investment, Approves Birr 502.27 Billion Budget

Addis Ababa attracted more than Birr 1.3 trillion in capital investment over the past five years, supported by projects in manufacturing, infrastructure, tourism, technology, services and public-private partnerships, Mayor Adanech...

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Ethiopia Approves Zijin Gold’s USD 4 Billion Acqui…

Jul 13, 2026 | 2M Editor | Energy and Mining

Ethiopia Approves Zijin Gold’s USD 4 Billion Acquisition of Allied Gold

Ethiopia has granted regulatory approval for Zijin Gold International’s USD 4 billion acquisition of Allied Gold Corporation, allowing the transaction to move closer to completion.

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