Ethiopia: Dire Dawa-Dewele Railway Increases Weekly Transport Service to Three Trips

The Dire Dawa-Dewele Railway Company has announced that it has increased its transport service from two trips per week to three.
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The Dire Dawa-Dewele Railway Company has announced that it has increased its transport service from two trips per week to three.
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MIDROC Investment Group and the International Finance Corporation have signed an 80 million US dollar long-term loan agreement.
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A national stakeholder forum on the Warehouse Receipt System was held today, highlighting the system’s potential to transform Ethiopia’s agricultural economy, improve access to finance, and strengthen market stability.
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The House of Peoples’ Representatives has approved a major amendment to Ethiopia’s Customs Proclamation, introducing tougher penalties against contraband trade, including the confiscation of vehicles used to transport illicit goods.
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The Council of Ministers has referred the draft Federal Government budget for the 2026/27 fiscal year to the House of Peoples’ Representatives, proposing a total allocation of Birr 2.34 trillion.
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The Ethiopian Capital Market Authority (ECMA) has granted a Capital Market Service Provider license to United Capital Financial Services PLC, making it the first foreign investment bank to establish a subsidiary in Ethiopia.
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Kefi Gold & Copper PLC reported a pretax loss for 2025, despite stating that the company is now entering a major transition phase as its flagship Tulu Kapi gold project in Ethiopia moves from development toward production.
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The Industrial Parks Development Corporation has introduced a new policy measure aimed at supporting domestic manufacturers by offering reduced service fees and four years of free access to selected special economic zones, formerly referred to as industrial parks.
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Meter Taxi (hailing) service provider Yango has launched its operations in Hawassa, marking the company’s first expansion outside Addis Ababa.
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Ethiopian Airlines Group and the Commercial Bank of Ethiopia (CBE), in partnership with Visa, have launched a co-branded Visa prepaid card aimed at strengthening global payment services for customers.
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