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The National Bank of Ethiopia (NBE) has issued a draft directive restricting small and newly established financial firms from opening branches in Special Economic Zones (SEZs), a move experts say is aimed at encouraging bank mergers.

Ethiopian Electric Power (EEP) announced that it generated 13,504.2 gigawatt hours (GWh) of electricity in the first half of the 2024/25 fiscal year, surpassing its target by 15.6%.

Japanese solar panel manufacturer Toyo Solar has launched pilot production at its newly established facility in the Hawassa Special Economic Zone, following a USD 60 million investment in Ethiopia.

The Ethiopian Businesswomen Association held its inaugural general assembly, progressing in its mission to empower and support women entrepreneurs and business professionals across the country.

The Ethiopian Construction Works Corporation (ECWC) announced that it is currently managing 57 projects with a combined contract value of Birr 45.2 billion. The state-owned construction firm aims to generate Birr 1.9 billion in revenue this fiscal year.

The Ethiopia-China Economic and Trade Forum commenced yesterday at the Skylight Hotel. The forum was jointly organized by Ethiopia’s Ministries of Foreign Affairs and Trade & Regional Integration, alongside the Ethiopian Investment Commission (EIC), the Ethiopian Chamber of Commerce and Sectoral Association (ECCSA), and the China Council for the Promotion of International Trade (CCPIT).

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 February 2025.

The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with USD 60 million available for bidding by all banks.

A new oil factory, built at a cost of Birr 150 million, has been officially inaugurated in Assosa town, Benishangul Gumuz region. The factory is expected to enhance local oil production and reduce dependency on external supplies.

Ethiopia's sovereign wealth fund, Ethiopian Investment Holdings (EIH), has announced plans to introduce competition into the country’s multimodal transport sector, marking a shift in an industry long dominated by state-owned Ethiopian Shipping and Logistics (ESL).