Debre Berhan City has reported strong investment growth in the first quarter of 2024/25, with 24 investors securing new licenses and registering a combined capital of Birr 2.6 billion.
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French media giant Canal+ has officially taken control of South African pay-TV powerhouse MultiChoice Group Limited (MCG), marking a transformative moment for African and global media.
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The Oromia Sovereign Fund has signed a development agreement with MIDROC Investment Group to collaborate on projects in agriculture, mining, and related sectors.
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Ethiopia is experiencing a surge in urbanization, with the number of recognized cities climbing to 2,543, up from fewer than 1,000 just a decade ago, according to new data from the Ministry of Urban and Infrastructure.
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The Hawassa City Administration has confiscated 15.7 hectares of land from 25 investors who failed to develop their projects, according to the city's Investment Promotion Office. The land, which was originally allocated for various investment projects, has been returned to the government's land bank.
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