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.

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%. According to ...

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 ...

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, ...

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 ...

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 ...

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 ...