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The Ethiopian Quality Award Organization announced that it is reviewing and revising its evaluation model to ensure it remains relevant and internationally competitive.

The Ministry of Mines announced that Ethiopia has fully replaced imported coal previously used by cement, steel, ceramic and other factories with domestically produced coal, a move expected to reduce foreign exchange pressure and stabilize industrial supply chains.

The Ethiopian Capital Market Authority (ECMA) reported that an international institution has formally submitted an application for an investment license, marking the first such filing by a foreign entity as Ethiopia develops its capital market framework.

Ethiopian Investment Commission (EIC) says it attracted USD 2.3 billion in investment during the first six months of the current fiscal year, citing ongoing efforts to ease bottlenecks in the investment environment.

Ethiopia and France have signed agreements covering debt restructuring and financial support linked to Ethiopia’s ongoing economic reform program.

Safaricom has launched a new stock trading service on its M-Pesa mobile money platform, a development that could signal future opportunities for Ethiopia’s emerging digital finance and capital markets.

The National Bank of Ethiopia (NBE) has issued a public notice announcing a series of significant relaxations to Ethiopia’s foreign exchange directives, in a move aimed at strengthening the foreign exchange market and easing current account restrictions.

Ethiopian Airlines, Africa’s largest aviation group, has reported USD 4.4 billion in revenue during the first six months of Ethiopia’s current fiscal year, reflecting a 14 percent increase compared to the same period last year.

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is considering increasing the maximum amount of insurance compensation paid to depositors when a bank or microfinance institution becomes insolvent.

Ethiopia’s Kerchanshe Group and Brazil’s Agricultural Research Corporation (Embrapa) have signed a cooperation agreement to deepen collaboration in agricultural technology, with a strong focus on coffee development and modern production systems.