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News - Transport

Djibouti Opens New Ship Repair Yard to Boost Port Capacity

New ship repair yard inaugurated in Djibouti to service regional and international vesselsFacility developed to reduce reliance on foreign ship maintenance hubsYard positioned near …

Apr 06, 2026

News - Transport

3 Tankers Deliver 143,000 MT as IMF Warns Horn Still Exposed

Three vessels docked in Djibouti carrying 143,000 metric tons of jet fuel and gasoil. Deliveries included 73,000 metric tons of gasoil and 70,000 metric …

Apr 06, 2026

Electric

Ethiopia Pushes GAC Juntu for Local EV Manufacturing

Alemu Sime urges GAC Group to establish manufacturing plant in EthiopiaProposal raised during GAC Juntu EV showroom launch in Addis AbabaNew facility spans 2,300 …

Apr 06, 2026

Regulations - Transport

Ethiopian Airlines Expands Cargo Operations to Nigeria

Ethiopian Airlines to launch cargo flights to Nigeria’s Gateway Airport New route strengthens air cargo connectivity between Ethiopia and West Africa Expansion targets growing …

Apr 06, 2026

News - Financial

IIB Group Secures NBE License to Open Addis Ababa Office

International Islamic Bank Group receives license from National Bank of EthiopiaRepresentative office to be established in Addis AbabaApproval aligns with Ethiopia’s financial sector liberalization …

Apr 06, 2026

News - Financial

National Bank Tightens Oversight of Remittance Channels, Blacklists Unauthorized Operators

Addis Ababa, April 3, 2026 — The National Bank of Ethiopia (NBE) has intensified

Apr 04, 2026

Electric

Ethio Engineering Group signs SKD agreements with two Chinese firms

Deals signed with Sany International and Hangzhou TrumaxSany to supply wheel loaders and excavators in SKD formTrumax to supply batching plants and crusher plants …

Apr 03, 2026

News - Financial

NBE and People's Bank of China strengthen financial cooperation

Agreement focuses on bilateral financial collaboration frameworksDiscussions include cross-border payment systems and settlement mechanismsCooperation targets improved trade financing and liquidity supportChina remains one of …

Apr 03, 2026

Regulations - Financial

NBE Holds Off Credit Cap Lifting as MPC Cites Global Uncertainty

National Bank of Ethiopia maintains credit growth cap at 24%Decision taken by Monetary Policy Committee (MPC) in March 2026 reviewPolicy framework introduced in 2023 …

Apr 03, 2026

Diesel/Gasoline

Fuel Prices Surge Past ETB 160/Litre as Global Oil Shock Hits Ethiopia

Ethiopia has implemented a fresh round of fuel price increases in Addis Ababa, with retail rates rising across all major categories as global oil …

Apr 03, 2026

News - Financial

$5–6B Bishoftu Airport Deal Advances as Bank of China, AfDB Review Mega Financing Framework

Bank of China and African Development Bank reviewing financing for Bishoftu AirportProject estimated at $5–6 billion total investment costPlanned capacity: 60–100 million passengers per …

Apr 03, 2026

News - Transport

180,000 Tons Stalled as Global Fuel Prices Triple

180,000 metric tons of fuel shipments stalled near Strait of HormuzGlobal fuel prices tripled (≈3x increase) following supply disruptionEthiopia imports nearly 100% of its …

Apr 03, 2026

Import/Export

Ethiopia Surpasses Export Target with $6.76B in 8 Months

Ethiopia earned $6. 76 billion export revenue in first 8 months of FY 2025/26Export performance achieved 101% of government targetCoffee exports generated over $1. …

Apr 03, 2026

Regulations - Financial

Interbank Transfer Limits Trigger Industrial Park Complaints

National Bank caps interbank transfers, restricting fund movement between banks Industrial park tenants report operational disruptions due to transfer limits Companies unable to pay …

Mar 29, 2026

Electric

GAC Group Enters Ethiopia with Four New EV Models

Guangzhou Automobile Group Co., Ltd launched four EV models in EthiopiaNew flagship GAC JUNTU showroom opened in Addis AbabaShowroom spans 2,300 square meters with …

Mar 29, 2026

Electric

Ethiopia EV Boom Hits Infrastructure Gap as Charging Fees Announced

Mar 29, 2026

Import/Export

Private Sector Seen as Key to Unlocking AfCFTA Trade Potential

Mar 29, 2026

News - Transport

Ethiopia Targets $2B Logistics Gap with Global Investment Push

Mar 29, 2026

Regulations - Financial

NBE Tightens Control Over Insurers, Extends Oversight to Agents and Intermediaries

National Bank of Ethiopia expands regulatory oversight across insurance sectorNew directive extends supervision beyond shareholders to agents and intermediariesInsurance agents now subject to stricter …

Mar 27, 2026

News - Financial

Afreximbank Funds 8 Startups, Ethiopia’s Gebeya Among $250K Beneficiaries

Afreximbank backs 8 African startups through its innovation programEach startup eligible for funding up to $250,000Gebeya Inc. selected as Ethiopia’s representativeProgram targets digital innovation, …

Mar 27, 2026

News - Financial

IFC Deploys $6.9Bn in Ethiopia to Accelerate Private Sector Growth

International Finance Corporation committed $6. 9 billion to Ethiopia over five yearsInvestments targeted infrastructure, manufacturing, agribusiness, and financial sectorsFunding period spans FY2020 to FY2025Significant …

Mar 27, 2026

Import/Export

Ethiopia Sets New LNG, CNG, EV Standards for Imported Vehicles

Ethiopian Standards Institute introduced 7 new standards for LNG, CNG, and EV vehiclesStandards form part of 79 total national standards prepared by the institute

Mar 24, 2026

Regulations - Financial

Customs Reform Targets Faster Clearance, Wider Anti-Contraband Net

Import clearance period proposed to extend from 30 days to 45 daysImporters allowed partial cargo release before full documentation completionReform targets reduction in port …

Mar 24, 2026

Import/Export

Djibouti Moves to Cap War Surcharges on Ethiopia’s Trade Lifeline

Insurance pressure is intensifying, with costs up 35pc and war-risk cover being withdrawn from key routes. Djibouti banned retroactive freight surcharges on cargo loaded …

Mar 24, 2026

News - Transport

EIH Targets Djibouti Fuel Hub to Secure Ethiopia’s Energy Lifeline

Ethiopian Investment Holdings (EIH) proposed a fuel depot project in Djibouti to strengthen regional fuel logistics. The depot is planned to support Ethiopia’s fuel …

Mar 22, 2026

Import/Export

Mohan Plc Executes Ethiopia’s First Merchant Trade Through Dire Dawa Free Trade Zone

Mohan Plc completed Ethiopia’s first merchant trade transaction through the Dire Dawa Free Trade Zone on March 22, 2026. The transaction shipped kitchenware from …

Mar 22, 2026