Ethiopia: Gambella Region Attracts Nearly 200 Investors with Birr 1 Billion in Capital

Gambella Regional State’s Investment Commission has announced that close to 200 investors, with a combined registered capital of Birr 1 billi

Gambella Regional State’s Investment Commission has announced that close to 200 investors, with a combined registered capital of Birr 1 billi
Garages in the capital of Ethiopia got a go-ahead from Addis Abba City Bureau (AACTB) to renew their license without complying with the standards Federal Transport Authority (FTA) set back in 2012.

The Petroleum and Energy Authority has implemented a fuel price adjustment, raising fuel prices by approximately 11%. This increase has been effective from March 23, 2025. The Director General of the Authority, Ms. Seharla Abdullahi, confirmed the price hike and explained that the adjustment was necessary to address market realities and reduce the financial burden of subsidies.
The Ministry of Trade and Regional Integration announced an update on fuel prices effective May 9, 2024. While the retail prices of white diesel, kerosene, jet fuel, light black diesel, and heavy black diesel will remain unchanged, the price of gasoline will see a minor increase due to recent fluctuations in the global market. These rates are as follows.
|
Fuel Type |
Price, per liter |
|
Gasoline |
Birr 78.67 |
|
White diesel |
Birr 79.75 |
|
Kerosene |
Birr 79.75 |
|
Airplane fuel |
Birr 70.83 |
|
Light black diesel |
Birr 62.36 |
|
Heavy black diesel |
Birr 61.16 |
Source: Fana BC
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new leased Boeing 777-300ER aircraft to Ethiopian Airlines.