Ethiopia

40 trade investment permits for export, import, retail and wholesale will be granted to foreign companies as part of the government’s steps to liberalize economy; the Ethiopian Investment Commission said the permits follow months of work on guidelines

The country called for more investment and international collaboration to address growing pressures on global ecosystems and biodiversity; the address has been made during celebrations for World Wildlife Day

Ethiopian Prime Minister Abiy Ahmed was welcomed in the Somali capital Mogadishu by President Hassan Sheikh Mohamud for talks aimed at reaffirming their ties, after tensions escalated last year following an agreement between Ethiopia and Somaliland

The Addis Ababa Municipal Administration's Land Registration and Information Agency is implementing a modern address system to standardise street names and house numbers to improve accessibility by simplifying the location of roads and key infrastructure

Ethiopia's ruling Prosperity Party re-elected Prime Minister Abiy Ahmed as its president during the party's second congress

Ethiopia-Djibouti Railway S.C. achieved profitability in Q4 2024 for the first time since its operational launch; the announcement followed a comprehensive evaluation of the 2024 performance and the result opens to a three-year plan to consolidate profit

More than 30 houses collapsed in Awash Fentale, Afar region, as tremors continue to hit north-eastern areas, forcing many inhabitants to flee their homes and seek refuge in neighbouring areas; recurring earthquakes have caused extensive material damage

Malaria continues to pose a public health risk in Ethiopia, reaching 'epidemic proportions' with an average of 'over 300.000 cases' reported weekly across the country, the WHO stated

The production capacity of Ethiopia's manufacturing industries has risen to 60%; a new policy has been implemented in recent years to exploit the sector's potential and capitalise on emerging opportunities

Turkish President Erdoğan announced that Addis Ababa and Mogadishu had reached an agreement, mediated by Turkey, to end tensions over the issue of Ethiopia's access to the sea

A $500 million plan to combat land degradation and improve food security in Ethiopia was approved by the Climate Investment Funds; more than half the country is subject to degradation and 11 million hectares are at risk of desertification