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Ethiopia Attracts USD 4 Billion in FDI During 2024/25 Fiscal Year

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Published on 20 August 2025
Category: Latest Business Alerts

EIC LOGO 1

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.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 19 August 2025

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Published on 20 August 2025
Category: Capital Market and Commodity Exchange

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

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Ethiopia: EEU to Expand Rural Electrification in 2025/26

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Published on 19 August 2025
Category: Energy and Mining

EEU logo

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.

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Ethiopia: CBE Releases Over USD 1.3 Billion in Foreign Exchange Since July

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Published on 19 August 2025
Category: Banking and Finance

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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.

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Ethiopia Signs First African Solar Alliance Framework Agreement

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Published on 19 August 2025
Category: Latest Business Alerts

Treaty Ethiopia

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.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 18 August 2025

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Published on 19 August 2025
Category: Capital Market and Commodity Exchange

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

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Ethiopia: Sidama Reports USD 3.3 Million from Avocado Oil Exports

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Published on 16 August 2025
Category: Import and Export

Avocado Ethiopia

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.

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Ethiopia Launches Initiative to Boost Construction Sector and Expand into Africa

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Published on 14 August 2025
Category: Construction, Steel and Cement

construction sample

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.

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Ethiopia: Addis Ababa Plans Shift from Code One Taxis to Bus-Based Transport System

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Published on 13 August 2025
Category: Transport and Logistics

Mini Bus

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.

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Ethiopia Facilitates Over Birr 308 Billion in Procurement Through Digital System

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Published on 13 August 2025
Category: Latest Business Alerts

FPPA LogoThe Federal Public Procurement and Property Authority reported that more than Birr 308 billion worth of procurement was facilitated through the electronic procurement system in the 2024/25 fiscal year. 

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