The Ethiopian Railways Corporation (ERC) is finalizing a new, comprehensive investment strategy that will...

In the aftermath of the fertilizer scandal, the Prime Minister's Office has taken decisive...

A draft regulation proposing a complete overhaul of Ethiopia's investment incentive system—with a shift to performance-based tax reductions for companies using at least 50% renewable energy—has sparked debate among key industry players. While the government’s move toward green development and targeted incentives is broadly welcomed, capital-intensive sectors such as cement contend that the 50% renewable energy requirement is not currently feasible for their operations. The Ministry of Finance convened a stakeholder forum to discuss feedback on the draft regulation governing investment incentives. Article 12, sub-article 2, stipulates that investors using a minimum of 50% renewable energy in production or operations will qualify for a reduced business profits tax rate of 15% on taxable income for five consecutive years from the start of operation. A representative from Pan African Green Energy (PAGE) PLC, a subsidiary of East...

Ethiopian Electric Power (EEP) has ended its flat-rate electricity tariff for cryptocurrency mining, ending...

Leading bioenergy developers have urged African governments to maintain long-term policy certainty, particularly on...

Amid soaring global health challenges—ranging from limited resources and conflict to rampant misinformation—Ethiopia stands at a critical crossroads in...

Ethiopia is currently navigating a decisive phase in its economic development. Recently, the Ministry of Finance announced the unsuccessful...

Social media platforms have surged in popularity, far surpassing traditional media outlets, especially among young people and digital natives....

Ethiopia is on the verge of a major economic milestone: joining the World Trade Organization (WTO), the global body...