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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.

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.

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.

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.

Ethiopia has taken another step toward joining the World Trade Organization after signing a Bilateral Market Access Protocol with Thailand at the WTO headquarters in Geneva.

Safaricom Ethiopia has signed a Joint Venture Agreement with the National ID Program and Africom Technologies PLC to support the implementation of the National Fayda Digital ID Registration Project.

Ethiopian Shipping and Logistics (ESL) is advancing its fleet expansion program, with a high level technical delegation traveling to China to assess vessel supply options and hold preliminary talks with potential suppliers.

Ethiopia has achieved a historic milestone in its export sector, generating more than USD 10.7 billion in export earnings during the 2025/2026 fiscal year, the highest figure ever recorded in the country’s history.

Ugandan meat processor Ranchers Finest Ltd has shipped its first consignment of processed beef to Ethiopia. 

The Executive Board of the International Monetary Fund (IMF) has approved a new disbursement of approximately USD 464 million to Ethiopia after completing the fifth review of the country’s (ECF) program.