Oromia Bank reported a 49% increase in pre-tax profit to Birr 3.82 billion for the 2025/2026 fiscal year, despite liquidity constraints and broader economic challenges affecting Ethiopia’s banking ...
Ethiopia is set to benefit from Kenya’s planned Lamu oil refinery through expanded access to regional refined petroleum ...
Ethiopian Airlines has signed an aircraft purchase agreement with Boeing for 10 Boeing 777 freighter aircraft, marking a ...
Ethiopian merchants will be able to access working capital loans based on their digital transaction history under a new payment and financing initiative launched by Visa and ETTA Solutions.
Awash Bank announced significant financial achievements at its 29 th Annual General Meeting held in Addis Ababa. The bank's total assets reached Birr 282 billion during the 2023/24 fiscal year, ...
The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective July 10, 2024. According to the Ministry, this decision comes in response to rising global oil prices.
There is a separate proclamation that regulates pension for private organization employees in Ethiopia. Private Organization Employees' Pension Proclamation No. 1268/2022 DOWNLOAD Private Organization ...
This category of the business directory contains the list of service providers who are engaged in General Construction service in Ethiopia.
The Ministry of Trade and Regional Integration has announced a new increase in retail fuel prices effective from May 08, 2025. E.C. This follows an earlier adjustment on March 23, 2025, and reflects ...
Ethiopia has set a target of generating USD 13.4 billion in export revenue during the 2026/27 fiscal year, as the government seeks to increase foreign exchange earnings and expand the country’s ...
The income tax proclamation No. 979/2016 (hereinafter the Proclamation) imposes a certain amount of tax on income from a disposal of certain investment areas. Article 59(1) of the Proclamation, states ...
Yegna Trading is an Ethiopian trading company that was established in 2017 by founders Temesgen Alemayehu and Yalemwork Alemayehu. The company’s name in Amharic is literally translated as ‘ours’, ...