The International Monetary Fund reported that Ethiopia leads East Africa in purchasing power parity.
A report issued in Addis Ababa shows that Ethiopia recorded an annual purchasing power parity gross domestic product of 558.93 billion dollars.
This figure places it ahead of Kenya and Tanzania. The combined total for the top three countries reaches 1.35 trillion dollars.
The report states this capacity exceeds the combined totals of countries ranked from fourth to nineteenth.
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Prime Minister Abiy Ahmed (Dr.) inaugurated the fourth Ethiopia Tamar expo today. He stated Ethiopia achieved $10 billion in export revenue for the first time in history this year. Industry Minister Melaku Alebel said the manufacturing sector is the center of national sovereignty.
Egypt attracted 15.5 billion dollars in foreign direct investment during 2025, ranking first in Africa and second in the Arab world. The figure was announced by Minister Mohamed Farid at the Cairo launch of a United Nations report.
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The Amhara Region generated 726.7 million dollars in revenue from exports of pulses, oilseeds, and coffee during the 2018 budget year.
The Ethiopian Electric Utility has finalized a power purchase agreement with Kenya Power and Lighting Company at a tariff of 15.5 U.S. cents per kilowatt-hour.
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Official data released today showed Egypt's exports rose 21.1 percent year-on-year to 5.1 billion dollars in April 2026.
Ethiopia's Minister of Water and Energy, Habtamu Itefa, says encouraging results have been recorded over the past four years in making infrastructure access more equitable across the country.
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Ethiopia has taken over the chairmanship of the East African Power Pool Ministers Council from Egypt. The handover occurred during the 37th special meeting of the steering committee held in Addis Ababa.