Ethiopia’s Environmental Protection Authority (EPA) is cracking down on lax environmental assessments with stricter regulations for consulting firms. The new directive, signed by Director General Lelise Neme last month, establishes tougher standards and licensing requirements.
In a significant move, the UN General Assembly adopted a resolution promoting international cooperation on building AI capacity
EthioTelecom, Ethiopia’s state-owned telecom operator, announced impressive financial results for the 2023-2024 budget year. The company’s unaudited net profit reached 21.8 billion birr (approximately $615 million USD), reflecting a significant 21% increase compared to the previous year.
Ethiopia’s coffee industry is brewing a record-breaking cup of success. The Ethiopian Coffee and Tea Authority (ECTA) announced that coffee exports reached a new high of 1.43 billion U.S. dollars in revenue during the recently concluded Ethiopian fiscal year (2023/24). This impressive figure represents a significant increase from the previous year’s earnings of 1.3 billion dollars.