2merkato

Dangote Industries Limited (DIL) has signed a 25 year natural gas supply agreement with China’s GCL Group to support a planned fertilizer project in Ethiopia.

The agreement, valued at USD 4.2 billion, was signed in Lagos and will supply gas to Dangote Group’s planned urea fertilizer plant in Gode, in Ethiopia’s Somali Region. The project is designed to produce 3 million tonnes of urea annually.

Ethiopia and Italy have signed a bilateral debt restructuring agreement under the Official Creditor Committee framework, as part of the G20 Common Framework for debt treatment. The agreement was signed by Ethiopia’s Minister of Finance, Ahmed Shide, and Italy’s Minister of Economy and Finance, Giancarlo Giorgetti.

Abyssinia Bank and Visa have signed a five year strategic partnership agreement aimed at accelerating digital payments in Ethiopia.

The Ministry of Trade and Regional Integration has announced adjustments to retail fuel prices, effective March 11, 2026.

The Ethio - Djibouti Railway S.C. (EDR) has upgraded its online booking system for both unimodal and multimodal cargo services, in a move aimed at accelerating digital transformation along the Ethiopia - Djibouti transport corridor.

Ethio Telecom has signed a major network expansion and modernization agreement with its long-time technology partner Ericsson, a move expected to significantly enhance mobile connectivity and digital services across Ethiopia.

Ethiopia plans to seek more than USD 2.4 billion in new investment commitments during the Fourth “Invest in Ethiopia 2026” Forum, scheduled for March 26 - 27, 2026, in Addis Ababa.

The Ethiopian Customs Commission (ECC) has completed the full digitalization of its services, a move aimed at delivering faster and more modern service delivery for customers, particularly importers and exporters.

Ethio telecom has officially launched teleStream, a new internet-based streaming platform aimed at reshaping Ethiopia’s digital and media landscape. The platform was unveiled at the Science Museum in Addis Ababa as part of the company’s long-term corporate roadmap, “Next Horizon Digital and Beyond 2028.”

Awash Insurance has signed an agreement with Ethiopian Airlines to provide travel health insurance coverage for the airline’s passengers, expanding access to insurance services through digital channels.