Digital financial service providers have created an industry association after six years of informal coordination, marking a new stage for a market that has expanded rapidly since regulators opened the country’s payments ecosystem beyond traditional banks. The Ethiopia’s Digital Financial Service Providers Association (EDFSPA) was formally launched on Tuesday after operating as a working group […]

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The Industrial Parks Development Corporation (IPDC) has announced that import-substitute products worth more than ETB 26.7 billion were produced within the Special Economic Zones (SEZs) and industrial parks under its administration and supplied to the domestic market during the Ethiopian fiscal year ended July 7, 2026. The Corporation’s Chief Executive Officer, Dr. Fisseha Yitagesu, made […]

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The Industrial Parks Development Corporation (IPDC) has announced that import-substitute products worth more than ETB 26.7 billion were produced within the Special Economic Zones (SEZs) and industrial parks under its administration and supplied to the domestic market during the Ethiopian fiscal year ended July 7, 2026. The Corporation’s Chief Executive Officer, Dr. Fisseha Yitagesu, made […]

The Industrial Parks Development Corporation stated that $266.9 million in revenue was generated during the 2018 Ethiopian fiscal year ended July 7, 2026 from products manufactured and exported by investors operating within the special economic zones and industrial parks it manages. According to the Corporation’s CEO, Dr. Fisseha Yitagesu, the foreign currency revenue generated during […]

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The Industrial Parks Development Corporation stated that $266.9 million in revenue was generated during the 2018 Ethiopian fiscal year ended July 7, 2026 from products manufactured and exported by investors operating within the special economic zones and industrial parks it manages. According to the Corporation’s CEO, Dr. Fisseha Yitagesu, the foreign currency revenue generated during […]