The Immigration and Citizenship Service collected more than Birr 42.7 billion in revenue from passport, visa, and other immigration related services during the 2025/26 fiscal year.
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Addis Ababa attracted more than Birr 1.3 trillion in capital investment over the past five years, supported by projects in manufacturing, infrastructure, tourism, technology, services and public-private partnerships, Mayor Adanech Abiebie announced.
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Ethiopia has granted regulatory approval for Zijin Gold International’s USD 4 billion acquisition of Allied Gold Corporation, allowing the transaction to move closer to completion.
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The National Bank of Ethiopia (NBE) has removed the credit growth cap imposed on commercial banks and raised its policy interest rate by one percentage point as part of measures intended to maintain tight monetary conditions and contain inflation.
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The Ethiopian Capital Market Authority has granted licenses to three new capital market service providers, increasing the total number of licensed providers in the country from 18 to 21.
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The Ethiopian Media Authority has announced that it is preparing amendments to the Media Proclamation to bring unregistered digital media operators under a formal registration, monitoring and accountability framework.
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Dangote Group is planning a major expansion into East Africa through the development of a proposed USD 17 billion oil refinery in Kenya, a project that could reshape the region’s energy landscape and reduce dependence on imported petroleum products.
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Ethiopia secured USD 4.32 billion in Foreign Direct Investment (FDI) during the 2025/26 Ethiopian fiscal year, marking an 8 percent increase from the previous year and reflecting growing investor confidence in the country's economic reform agenda.
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OLA Energy Group has signed a Share Purchase Agreement with TotalEnergies to acquire TotalEnergies Marketing Ethiopia, expanding its presence in Ethiopia’s downstream energy market.
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The Ethiopian Commodity Exchange recorded its highest-ever trading volume in the last fiscal year, with transactions reaching Birr 50.27 billion, CEO Mergia Baisa announced.
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