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Omo Bank has announced that it had reached a capital of one billion birr, enabling it to provide comprehensive banking services.

Wonji Pulp and Paper Factory plans to manufacture 150,000 tons of pulp and paper products in the current budget year.

Ethio Telecom launched a Digital Financial Marketplace to boost the financial sector and promote inclusion.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 21 December 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 20 December 2023.

Ethiopian Airlines has secured a USD 450 million loan agreement to finance the acquisition of five new Boeing aircraft—three Boeing 737-8 and two Boeing 777F (Cargo).

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 19 December 2023.

Ethiopian Investment Holdings (EIH) has announced ongoing negotiations to transfer ownership of certain sugar plants to both local and international companies.

AvtoVAZ, the Russian state-owned automaker, and Ethio Engineering Group have signed a letter of intent to collaborate on manufacturing Lada cars in Ethiopia.

Ethio Telecom has introduced new services, including Voice over Long-Term Evolution (VoLTE), to enhance connectivity and drive digital development in Ethiopia.