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Ethiopia: MIDROC Expands Tea Investment

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Published on 12 June 2025
Category: Latest Business Alerts

Tea Tea

MIDROC Ethiopia Group has announced a major expansion of its tea investment in collaboration with local farmers in Jimma and Ilubabor. The initiative aims to cultivate premium-grade tea, 20% of which is already reaching international markets.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 11 June 2025

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Published on 12 June 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 11 June 2025.

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Ethiopia: Government to Introduce 15% VAT on Fuel Sales Starting July

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Published on 11 June 2025
Category: Latest Business Alerts

fuel fuel fuel

The federal government is preparing to impose a 15 percent value-added tax (VAT) on fuel sales beginning in July, marking a shift in the country’s fuel pricing policy. This move aligns with the government’s plan to fully liberalize fuel prices based on international market rates and phase out longstanding subsidies.

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

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Published on 11 June 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 June 2025.

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Ethiopia: Federal Government Submits Birr 1.93 Trillion Draft Budget for 2025/26 Fiscal Year

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Published on 10 June 2025
Category: Latest Business Alerts

HPR Logo

The federal government has submitted a draft budget totaling Birr 1.93 trillion for the 2025/26 fiscal year to the House of People’s Representatives during its 35th regular session today.

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

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Published on 10 June 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 June 2025.

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Afreximbank Pledges USD 1 Billion to Support Ethiopia’s Economy

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Published on 09 June 2025
Category: Banking and Finance

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The African Export-Import Bank (Afreximbank) has announced a USD 1 billion financing commitment for Ethiopia over the next 12 months, urging businesses and financial institutions to seize the opportunity as the country implements key economic reforms.

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South Ethiopia Regional State Delivers Over 38,000 Tons of Coffee to Central Market

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Published on 09 June 2025
Category: Import and Export

coffee-beans-roasted

The South Ethiopia Regional State has exceeded its annual coffee supply target, delivering more than 38,000 tons of coffee to the central market over the past 11 months, surpassing its initial goal of 34,254 tons.

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Ethiopian Government Submits Nearly a Birr Two Trillion Budget Proposal for 2025/26 Fiscal Year to Parliament

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Published on 05 June 2025
Category: Latest Business Alerts

Council 101

The Ethiopian government has submitted its draft budget for the 2025/26 fiscal year to the House of People's Representatives (HPR), with total proposed expenditures nearing two trillion birr.

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Ethiopia to Host 74 International Conferences in June and July

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Published on 04 June 2025
Category: Latest Business Alerts

Ministry of Tourism Logo 112

The Ministry of Tourism has announced that Ethiopia will host 74 international conferences over the next two months, marking a rise in conference tourism.

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