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The Ethiopian government has set a target of USD 8 billion in remittances from its diaspora community during the 2025/26 fiscal year, building on efforts to expand remittance channels and strengthen economic diplomacy.

The Ethiopian Investment Commission (EIC) announced that Ethiopia secured USD 4 billion in foreign direct investment (FDI) during the 2024/25 fiscal year, marking a 2.2 percent increase compared to 2023/24. The Commission also reported issuing the highest number of investment licenses in its history.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 19 August 2025.

The Ethiopian Electric Utility (EEU) has announced plans to connect 154 rural localities to electricity, through both grid and off-grid systems, during the 2025/26 fiscal year.

The Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, has confirmed that it has released more than USD 1.3 billion in foreign exchange since July 1, 2025.

Ethiopia has signed its first country framework agreement with the International Solar Alliance (ISA), highlighting the nation’s growing role in advancing solar energy solutions for agriculture and economic development in Africa.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 August 2025.

The Sidama Regional Industrial Parks Development Corporation announced that it had earned more than USD 3.3 million from avocado oil exports in the fiscal year ending March 31. During the same period, the Yirgalem Agro-Industrial Park processed 16,000 tons of raw materials.

Ethiopia has unveiled a plan to transform its construction industry and position local companies to compete across Africa. The announcement came during the launch of the Ethiopian Construction Industry Transformation Initiative, attended by Deputy Prime Minister Temesgen Tiruneh and senior officials.

Addis Ababa Transport Bureau Operations Director, Ato Dagnachew Shiferaw, said the shift aligns with the city’s future transportation policy and strategy, which prioritizes buses and metered taxis capable of carrying more than 25 passengers.