2merkato

Ethiopia and Italy have signed a Euro 70 million long term loan agreement to support domestic economic reform and development projects.

Ethiopian Electric Utility (EEU) has signed an ETB 3 billion rehabilitation project agreement with Alpha TND & LTD and Capital Electech to upgrade electricity infrastructure in Ambo, Nekemte, and Asosa towns.

Ethiopia has earned more than USD 117 million from animal product exports during the first 11 months of the fiscal year, according to the Ethiopian Livestock Development Institute.

Ethiopia has reached another important milestone in its effort to join the World Trade Organization, signing a Bilateral Market Access Protocol with New Zealand at the WTO headquarters in Geneva.

Ahadu Bank has secured a semi finished high rise building in the Mexico area of Addis Ababa, marking a major milestone for the young bank as it strengthens its position in Ethiopia’s banking sector.

Ethiopia’s goods exports to China have recorded strong growth over the past five years, with export revenue increasing by an average annual rate of 67.09%, according to the Ministry of Trade and Regional Integration.

Africa Finance Corporation (AFC) has announced a USD 600 million financing facility to Greenview Fertiliser Corp., Dangote Group’s fertiliser holding company, to support the group’s fertiliser expansion programme in Nigeria and Ethiopia.

Ethiopian Shipping and Logistics (ESL) has resumed handling petroleum imports after nearly 40 years, marking a major operational shift for the state-owned logistics company and Ethiopia’s fuel supply chain.

The Addis Ababa City Administration has officially begun issuing new vehicle license plates featuring the international country code ETH, which is assigned to Ethiopia under the Vienna Convention.

The government of Ethiopia plans to collect around Birr 1.5 trillion in tax revenue during the fiscal year beginning July 8, 2026, according to the federal government’s draft revenue budget document.