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Ethiopia: Ethio-Djibouti Railway Set to Become a Holding Company Under New World Bank Initiative

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Published on 13 October 2025
Category: Transport and Logistics

EDR LOGO

The Ethio-Djibouti Railway (EDR) SC is undergoing a major structural transformation into a holding company, supported by a new World Bank-funded initiative. This move aims to strengthen its role in railway operations, logistics, and engineering across Africa’s transport sector.

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Ethiopia: Zemen Bank Reports Strong Performance with Record Profit in 2024/25 Fiscal Year

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Published on 13 October 2025
Category: Banking and Finance

Zemen Logo

Zemen Bank has announced a record breaking financial performance for the 2024/25 fiscal year, which ended in 2025/26, with profits and assets showing substantial growth across key indicators.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 10 October 2025

Details
Published on 11 October 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 October 2025.

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Ethiopian Deposit Insurance Fund Collects Over Birr 2 Billion in First Quarter of 2025/26 Fiscal Year

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Published on 10 October 2025
Category: Banking and Finance

EDIF Logo

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it collected more than Birr 2 billion in premiums during the first three months of the 2025/26 fiscal year, reflecting strong growth in the country’s deposit base.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 09 October 2025

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Published on 10 October 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 October 2025.

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Ethiopia Nears Completion of First Locally Built Eco-Tourism Railway Project

Details
Published on 09 October 2025
Category: Transport and Logistics

ERC Cargo

The Ethiopian Railways Corporation (ERC) announced that the country’s first eco-tourism railway project has reached its final construction phase, marking a milestone in Ethiopia’s railway and tourism development.

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AMG Industrial Park Connected to Ethio-Djibouti Railway in New Logistics Expansion

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Published on 09 October 2025
Category: Transport and Logistics

EDR LOGO

Construction has begun on a new 3 kilometer railway line linking the AMG Industrial Park to the Endode Railway Station.

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Gold Surpasses USD 4,000 Mark Amid Global Economic Uncertainty

Details
Published on 09 October 2025
Category: Energy and Mining

Gold Benishangul Gumuz

Gold prices soared past USD 4,000 per ounce for the first time on Wednesday, extending a record-breaking rally fueled by geopolitical tensions, expectations of U.S. interest rate cuts, and growing investor demand for safe-haven assets.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 08 October 2025

Details
Published on 09 October 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 08 October 2025.

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Ethiopia: Wegagen Bank Posts Robust Growth and Expands Capital Base in 2024/25 Fiscal Year

Details
Published on 08 October 2025
Category: Banking and Finance

Wegagen Press Release

Wegagen Bank S.C held its 32nd Ordinary Shareholders’ General Assembly on October 7, 2025, at the Hilton Hotel in Addis Ababa, where the Bank presented its financial results for the 2024/25 fiscal year.

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