The Ethio-Djibouti Railway (EDR) SC is undergoing a major structural transformation into a holding company, supported by a new World Bank-funded initiative. This move aims to strengthen its role in ...

Zemen Bank has announced a record breaking financial performance for the 2024/25 fiscal year, which ended in 2025/26, with profits and assets showing substantial growth across key indicators.

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it collected more than Birr 2 billion in premiums during the first three months of the 2025/26 fiscal year, reflecting strong growth in ...

Spot gold climbed 1.7% to USD 4,050.24 per ounce, while U.S. gold futures for December delivery settled at USD 4,070.50. Silver also reached a record high, rising 3.2% to USD 49.39 per ounce after ...

The Ethiopian Railways Corporation (ERC) announced that the country’s first eco-tourism railway project has reached its final ...

Construction has begun on a new 3 kilometer railway line linking the AMG Industrial Park to the Endode Railway Station.

Compass Properties and Goh Betoch Bank have unveiled a joint home construction program designed to make homeownership more secure and transparent for prospective buyers. Under the new arrangement, ...

Wegagen’s paid-up capital increased by 37% to Birr 7 billion, and total capital rose to Birr 12.8 billion, exceeding the ...

The Ministry of Transport and Logistics has announced plans to introduce new vehicle registration plates featuring ...