2Merkato1d
Ethiopia’s Hydropower Dams at Full Capacity Following Rainy Season, EEP
Ethiopian Electric Power (EEP) announced that its dams were fully replenished after the recent rainy season, ensuring ...
2Merkato1d
Ethiopia: Ministry of Revenues Collects Birr 380 Billion in Five Months
The Ministry of Revenues (MoR) of Ethiopia announced that Birr 380 billion was collected in the first five months of the current fiscal year. Revenue Minister Aynalem Nigussie attributed this ...
2Merkato2d
Ethiopia: Lemi National Cement Supplies Over 310,000 Tons of Cement Since Launch
Lemi National Cement Factory has made a strong entrance into Ethiopia’s cement market, supplying over 310,000 tons of cement ...
2Merkato3d
World Bank Approves USD 700 Million Credit to Strengthen Ethiopia’s Financial Sector
The World Bank has approved a USD 700 million credit through the International Development Association (IDA) to support ...
2Merkato3d
BYD Enters Ethiopian Market with Electric Vehicle Launch
Chinese automotive giant BYD officially debuted in Ethiopia with a brand launch event in Addis Ababa, partnering with local distributor MOENCO, a subsidiary of London-based Inchcape PLC. The event ...
2Merkato4d
Ethiopia: Lion Insurance Surpasses Birr 1 Billion in Premium Revenue
Lion Insurance, a key player in Ethiopia’s insurance sector for 17 years, has achieved a major milestone by surpassing Birr 1 ...
2Merkato4d
Ethiopia: Investors to Launch Coffee and Tea Production in Jimma Special Economic Zone
Investors with over Birr 2.6 billion in capital are set to begin coffee and tea production in Jimma Special Economic Zone (SEZ), the Industrial Parks Development Corporation of Ethiopia (IPDC) ...