Nexara

The Jimma Zone Agriculture Bureau has reported the production of 16,167 tons of honey during the first six months of the 2024/25 fiscal year. This figure represents 66% of the zone’s targeted production, which was set at 24,000 tons. Rehima Gali, the Deputy Director of the bureau, attributed the shortfall to a shortage of beehives, …

Ethiopia: Jimma Zone Achieves 66% of Honey Production Target in First Half of Fiscal Year Read More »

The Institute of Ethiopian Standards (IES) has called on all products subject to mandatory standards to display the national standard mark, reinforcing quality assurance and consumer protection efforts. The Ethiopian Conformity Assessment Enterprise and Bless Agro Food Industry previously issued national quality marks on behalf of the institute. However, the institute has now taken full …

Institute of Ethiopian Standards Enforces National Standard Mark for Mandatory Products Read More »

The Addis Ababa City Administration Landholding Registration and Information Agency is expanding a modern address system to standardize street names and house numbers, enhancing accessibility for residents, businesses, and visitors. The initiative aims to improve urban mobility, emergency response times, and service delivery by making it easier to locate households, roads, and key infrastructure. According …

Ethiopia: Addis Ababa Expands Modern Address System to Improve Urban Accessibility Read More »

Ethiopian Shipping and Logistics (ESL), the state-owned logistics powerhouse, has reported strong financial and operational achievements for the first half of the 2024/25 fiscal year, surpassing its revenue targets and reinforcing its critical role in Ethiopia’s trade sector. Despite a primary focus on feeder services for Ethiopian cargo stored at regional ports, ESL generated USD …

Ethiopian Shipping & Logistics Reports Strong Half-Year Performance Read More »

The Ministry of Justice (MoJ) is preparing to fully implement Ethiopia’s newly ratified asset recovery law, aimed at preventing and suppressing unexplained wealth. Justice Minister Hanna Arayaselassie, speaking at a press briefing on the recently approved Asset Recovery Proclamation No. 1364/2025, emphasized the law’s role in combating illegal activities, ensuring fairness, and closing legal loopholes. …

Ethiopia: Ministry Prepares for Full Implementation of Asset Recovery Law Read More »

Ethiopian Customs Commission announced that it collected Birr 203.75 billion in revenue during the first six months of the fiscal year, surpassing its target. The commission had initially planned to collect Birr 190.9 billion within the period. However, actual revenue exceeded expectations, reaching 106 percent of the target. Commissioner Debele Kabeta explained that revenue was …

Ethiopia: Customs Commission Surpasses Revenue Targets Read More »

Ethio-Engineering Group (EEG) is gearing up to manufacture electric vehicles in Ethiopia, CEO Suleiman Dedefo announced. According to the CEO, the country has abundant lithium, a key battery component, but currently exports it at low prices. EEG aims to partner with technology providers to process lithium locally for battery production. In April last year, the …

Ethiopia: Ethio-Engineering Group Prepares to Manufacture Electric Vehicles Read More »

Ethiopia has set an ambitious goal to increase its electricity generation capacity to 13,000 megawatts by 2028, President Taye Atsek Selassie announced. Speaking at the African Renewable Energy Summit in Tanzania, where former South African President Thabo Mbeki participated in a panel discussion, President Taye highlighted Ethiopia’s commitment to expanding regional access to electricity. He …

Ethiopia Targets 13,000 MW Electricity Generation by 2028 Read More »

Ethiopian Investment Holdings (EIH), the government’s strategic investment arm, is revitalizing State-Owned Enterprises (SoEs) to drive economic transformation. EIH CEO Brook Taye (PhD) stated that efforts are underway to enhance enterprise performance through service and product diversification across key sectors. He emphasized the importance of portfolio management, corporate governance, and transparency to expand successful models …

Ethiopian Investment Holdings Boosts State-Owned Enterprises Read More »

Ethiopia’s President Taye Atske Selassie has recently held discussions with the President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun. On the sidelines of the Mission 300 Africa Energy Summit being held in Dar es Salaam, Tanzania, Taye held discussions with the president of AIIB and other board members. The two sides discussed ways …

President Taye Confers with President of Asian Infrastructure Investment Bank Read More »