2merkato

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.

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.

Gebeya has been grooming its trainees for the past 6 months since the launch of its IT training academy in Addis Ababa last September. The academy accepted seventy candidates after a thorough and competitive round of interviews and applications. On May 20th 2017, after months of intensive hands-on training, Gebeya celebrated the graduation of its first batch of highly skilled software developers.

Gelila Manufacturing PLC has officially launched the production of export-quality shoes and soles at Bole Lemi Industrial Park with an investment of Birr two billion. The inauguration ceremony attracted officials, industry leaders, and invited guests.