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Dangote Industries Limited (DIL) has signed a 25 year natural gas supply agreement with China’s GCL Group to support a planned fertilizer project in Ethiopia.
The agreement, valued at USD 4.2 billion, was signed in Lagos and will supply gas to Dangote Group’s planned urea fertilizer plant in Gode, in Ethiopia’s Somali Region. The project is designed to produce 3 millio...
Ethiopia and Italy have signed a bilateral debt restructuring agreement under the Official Creditor Committee framework, as part of the G20 Common Framework for debt treatment. The agreement was signed by Ethiopia’s Minister of Finance, Ahmed Shide, and Italy’s Minister of Economy and Finance, Giancarlo Giorgetti.
Abyssinia Bank and Visa have signed a five year strategic partnership agreement aimed at accelerating digital payments in Ethiopia.
The Ministry of Trade and Regional Integration has announced adjustments to retail fuel prices, effective March 11, 2026.
Ethio Telecom has signed a major network expansion and modernization agreement with its long-time technology partner Ericsson, a move expected to significantly enhance mobile connectivity and digital services across Ethiopia.