2merkato

The United States is seeking opportunities for American companies to participate in Ethiopian Airlines’ planned USD 12.5 billion Bishoftu International Airport project, according to a senior official at the US Department of Commerce.

Ethiopia has set a target of earning USD 1 billion from manufacturing exports during the 2026/27 fiscal year, after the sector generated USD 607 million in the 2025/26 fiscal year.

The Development Bank of Ethiopia (DBE) is preparing to disburse a 31 million euro concessional loan package to micro, small and medium enterprises operating in conflict affected areas of the country.

Ethiopian Airlines Group generated USD 9.1 billion in revenue during the 2025/26 fiscal year and transported 20.7 million passengers, according to the airline’s annual performance report.

Ethiopia’s installed electricity generation capacity has surpassed 9,730 megawatts as the country expands renewable energy infrastructure and works to improve electricity access nationwide.

The Ministry of Revenues collected Birr 1.518 trillion during the 2025/26 fiscal year, exceeding the government’s revised annual revenue target.

Global coffee production and consumption are both expected to reach record levels in the 2026/27 marketing year, with Ethiopia emerging as one of the sector's strongest performers, according to the latest Coffee: World Markets and Trade report released by the U.S. Department of Agriculture (USDA).

Ethio Telecom generated Birr 215.8 billion in total revenue during the recently concluded Ethiopian fiscal year, achieving 99.7 percent of its annual target, the company announced.

The Ethiopian government is preparing to introduce a new motor vehicle ownership tax and establish a formal mechanism for sharing the resulting revenue between the federal government and regional states.

Ethiopia’s foreign exchange reserves are projected to approach USD 6 billion by the end of the 2025/26 fiscal year, according to the International Monetary Fund (IMF), reflecting continued progress under the country’s ongoing economic reform program.