Bitdeer Technologies Group has flagged Ethiopia as one of its operating locations in its December 2025 production and operations update released on January 12, 2026, noting progress on a power-backed crypto mining site in the Oromia Region.
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The Ethiopian Petroleum Supply Enterprise (EPSE) will begin collecting a new fuel tax next month as part of the government’s ongoing fiscal reforms. The measure introduces a combined 30 percent levy on petroleum products, consisting of a 15 percent value-added tax and a 15 percent excise duty.
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The Ethiopian Mineral Corporation (EMC) and Sunbird Bioenergy Africa have signed a Memorandum of Understanding (MoU) to advance Ethiopia’s renewable energy and biofuel production, marking a significant milestone in the country’s green economic transformation.
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Prime Minister Abiy Ahmed (PhD) announced that civil works on the Koisha Power Generation Project have reached 70 percent completion, marking a major milestone for one of Ethiopia’s flagship energy initiatives.
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Gold prices soared past USD 4,000 per ounce for the first time on Wednesday, extending a record-breaking rally fueled by geopolitical tensions, expectations of U.S. interest rate cuts, and growing investor demand for safe-haven assets.
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