Council of Ministers Forwards Draft Proclamation on Foreign Ownership of Property to Parliament
April 23, 2017 – In its 44th regular session held today, the Council of Ministers unanimously agreed to forward a draft proclamation to the...
Federal Government Launches “Mesob” One-Stop Digital Service Center
In a groundbreaking move towards digital transformation, the federal government has officially launched Mesob, a one-stop service platform designed to integrate multiple public services...
Ethiopia: Passport Services to Require National ID (Fayida) Starting June 1
Addis Ababa, April 18, 2017 (FMC) — In a major policy shift aimed at enhancing security and improving service delivery, Ethiopia’s Immigration and Citizenship...
Fitch Upgrades Ethiopia’s Local Currency Rating Amid Macroeconomic Reforms
April 26, 2025
Hong Kong – Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) from 'CCC-' to 'CCC+', citing easing financing...
Ethio Telecom Sells Only 10.7% of 100 Million Shares After 121 Days of IPO Offering
Share Sale Results: Only a Fraction Sold
Six months after launching Ethiopia’s first-ever Initial Public Offering (IPO), Ethio telecom announced it had sold just 10.7...
Lemi National Cement Powers Ethiopia’s Construction Boom with Over 12 Million Quintals Delivered
Lemi National Cement PLC is making major waves in Ethiopia’s construction industry, having supplied more than 12 million quintals of cement in just six...
