Japan based microsatellite company Axelspace Corporation and Ethiopian technology firm Jethi Software Development PLC have signed a memorandum of understanding to collaborate on the use of satellite ...

Following the meeting, Minister Addisu stated that both sides reached a shared understanding to enhance Ethiopia’s role in Starbucks’ global supply chain. He noted that Starbucks reaffirmed its ...

Ethiopia is set to be among the first beneficiaries of a new partnership announced on January 12, 2026, between insurance group Generali and the United Nations Industrial Development Organization ...

Globally, Bitdeer reported 1,658 MW of total electrical capacity online across multiple sites and 1,344 MW in pipeline capacity, with Ethiopia included among its named jurisdictions alongside the ...

Ethio-Djibouti Railway Share Company (EDR) says it plans to double its fleet of freight wagons and electric locomotives by the end of this year, a move intended to raise cargo-handling capacity on the ...

The proposed deal still needs sign-off from the International Monetary Fund and Ethiopia’s bilateral creditors. Based on the government’s statement, bondholders would accept a 15% cut to principal, ...

Carrefour has announced a franchise and supply partnership with Queens Supermarket PLC, a subsidiary of Midroc Investment Group, to introduce Carrefour-branded retail operations in Ethiopia.

The company said performance was supported by its general insurance business and higher investment income, while inflation, price competition, and rising operating costs continued to weigh on margins.