The Ministry of Finance has announced the full implementation of a combined 30 percent tax on petroleum products for the 2025/26 fiscal year, consisting of a 15 percent value-added tax (VAT) and a 15 percent excise duty.
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The Ethiopian Electric Utility (EEU) has announced plans to connect 154 rural localities to electricity, through both grid and off-grid systems, during the 2025/26 fiscal year.
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Ethiopian Electric Power (EEP) announced that it earned more than Birr 75.4 billion in revenue during the 2024/25 fiscal year.
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Ethiopian Electric Power (EEP) reported that the country earned USD 118.1 million from electricity exports to neighboring countries during the 2024/25 Ethiopian fiscal year.
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Ethiopia has started exporting electricity to Tanzania through Kenya for the first time on a trial basis, according to an announcement by Ethiopian Electric Power.
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