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Ethiopian Business News

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Ahadu Bank has secured a semi finished high rise building in the Mexico area of Addis Ababa, marking a major milestone for the young bank as it strengthens its position in Ethiopia’s banking sector.


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Ethiopia’s goods exports to China have recorded strong growth over the past five years, with export revenue increasing by an average annual rate of 67.09%, according to the Ministry of Trade and Regional Integration.

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Africa Finance Corporation (AFC) has announced a USD 600 million financing facility to Greenview Fertiliser Corp., Dangote Group’s fertiliser holding company, to support the group’s fertiliser expansion programme in Nigeria and Ethiopia.


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The government of Ethiopia plans to collect around Birr 1.5 trillion in tax revenue during the fiscal year beginning July 8, 2026, according to the federal government’s draft revenue budget document.


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MIDROC Investment Group and the International Finance Corporation have signed an 80 million US dollar long-term loan agreement.

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