Feb 9, 2026 | 2M Editor | Banking and Finance

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is considering increasing the maximum amount of insurance compensation paid to depositors when a bank or microfinance institution becomes insolvent.
Read moreFeb 9, 2026 | 2M Editor | Latest Business Alerts

Ethiopia’s Kerchanshe Group and Brazil’s Agricultural Research Corporation (Embrapa) have signed a cooperation agreement to deepen collaboration in agricultural technology, with a strong focus on coffee development and modern production...
Read moreFeb 9, 2026 | 2M Editor | Banking and Finance

The National Bank of Ethiopia (NBE) says foreign investors can now fully repatriate dividends and other eligible payments, removing a long-standing constraint on Foreign Direct Investment (FDI).
Read moreFeb 5, 2026 | 2M Editor | Manufacturing

The Ministry of Health has reported that more than 40 percent of the medicines supplied for domestic consumption are produced domestically.
Read moreFeb 5, 2026 | 2M Editor | Energy and Mining

The Ethiopian Electric Utility has reported collecting Birr 52.26 billion from energy sales and miscellaneous income during the first six months of the 2025/26 fiscal year, achieving 96 percent of...
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