Wahid Business News

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News - Financial

NBE schedules $140m foreign-exchange auction for November 10

Key takeaways$140 million — NBE scheduled its 32nd foreign-exchange auction for November 10, Ethiopian Business Review reports. Commercial banks submit bids through the CSD …

Nov 10, 2026

News - Transport

Ethiopian Airlines and Air Peace sign interline deal for connected journeys

Key takeawaysEthiopian Airlines and Air Peace have signed a bilateral interline agreement covering passengers and checked baggage. Eligible journeys combining both carriers can be …

Nov 10, 2026

Construction & Mining

Akobo reports 12kg October gold output, prepares deeper Segele mine plan

Key takeaways12kg — Akobo reports October doré gold production at Segele, with processed ore averaging 11 grams per tonne. 181kg — Cumulative doré output …

Nov 10, 2026

News - Financial

EEP’s reported annual loss reaches Br122bn as foreign-debt costs surge

Key takeawaysBr122. 08 billion — EEP’s net loss for the year ended July 7, 2025, versus Br10. 15 billion previously, StockMarket. et reports. Br72. …

Nov 10, 2026

News - Financial

Abay Holding provides Br100m to stabilise Bahir Dar Textile

Key takeawaysBr100 million — Abay Investment Holding says it provided financial support to Bahir Dar Textile. Working capital, production inputs and spare parts are …

Nov 10, 2026

News - Financial

Ahadu Bank Reports Br1.07bn Pre-Tax Profit and Br10.47bn Deposits

Key takeawaysAhadu Bank reported Br1. 07 billion pre-tax profit for the financial year ended June 30, 2026. Total revenue reached Br3. 19 billion, with …

Nov 09, 2026

Import/Export

Ethiopia’s Coffee Export Earnings Rise 15% to $878.52m, Below Quarterly Target

Key takeawaysCoffee exports earned $878. 52 million in July–September 2026, up 15% year-on-year, according to the Ethiopian Coffee & Tea Authority. Earnings fell $154. …

Nov 09, 2026

News - Financial

Ethiopia targets four million digital farmer profiles by 2028

Key takeawaysEthiopia aims to register up to four million farmers in a national digital database by 2028. Nearly one million farmers have enrolled; ATI …

Nov 08, 2026

Diesel/Gasoline

OLA–TotalEnergies Ethiopia deal awaits approvals amid reported COMESA scrutiny

Key takeawaysCapital reports that sources describe COMESA scrutiny of OLA Energy’s proposed acquisition of TotalEnergies’ Ethiopian downstream business. The June 30 agreement covers more …

Nov 08, 2026

News - Financial

Ethio Telecom and ZTE report 40% peak-hour throughput gain in AI network trial

Key takeawaysEthio Telecom and ZTE deployed a pre-commercial AI-powered radio access network on November 4, 2026. The companies report an 11% increase in 4G …

Nov 07, 2026

News - Financial

Ethiopia prepares quarterly GDP reporting under statistics overhaul

Key takeawaysEthiopia is preparing to publish GDP estimates quarterly, replacing its reliance on annual reporting. The transition requires stronger economic and financial data collection …

Nov 07, 2026

News - Financial

Ethiopia’s external debt reaches $39.97 billion as restructuring advances

Key takeawaysWorld Bank figures put Ethiopia’s end-2025 external debt at $39. 97 billion, up 9. 1% annually, StockMarket. et reports. Public and publicly guaranteed …

Nov 07, 2026

News - Financial

Ethiopia’s rebased GDP puts 2025/26 economy at $210.7 billion

Key takeaways$210. 7 billion — Ethiopia’s revised accounts value 2025/26 GDP at Birr31. 86 trillion.$201. 42 billion — Rebased 2024/25 GDP stands at Birr24. …

Nov 06, 2026

News - Financial

IFC backs Ethiopia’s Kifiya to expand agricultural finance across Africa

Key takeawaysIFC signed its first investment agreement with Kifiya to support agricultural finance in Ethiopia and expansion across Africa. November 4 — The agreement …

Nov 06, 2026

News - Financial

Safaricom Ethiopia operating loss falls 53% to KSh11.4 billion

Key takeaways53% — Safaricom Ethiopia’s loss before interest and taxes narrowed to KSh11. 4 billion from KSh24. 3 billion. Six months to September — …

Nov 06, 2026

News - Transport

China grants $15 million for Ethio-Djibouti Railway maintenance and spare parts

Key takeaways$15 million — Ethiopia and China signed a grant for railway spare parts, maintenance equipment and technical assistance. November 4, 2026 — The …

Nov 06, 2026

News - Financial

Ethiopia’s 9.8% Growth Contrasts With Tax Revenue at 7.8% of GDP

Reported November 5, 2026. Thumbnail: editorial illustration. Key Takeaways9. 8% economic growth in 2024/25 contrasted with tax revenue of about 7. 8% of GDP. …

Nov 05, 2026

News - Financial

Ethiopia’s Inflation Eases to 14.6% as Transport Price Pressures Accelerate

Reported November 5, 2026. Thumbnail: editorial illustration. Key Takeaways14. 6% annual inflation in October compares with 14. 9% in September. Ethiopian Statistics Service figures …

Nov 05, 2026

Electric

EEU Lists 13 EV Charging Locations Across Five Ethiopian Cities

Thumbnail: editorial illustration. Key Takeaways13 charging locations appear in Ethiopian Electric Utility’s announcement: three existing sites and ten newly opened stations. EEU says the …

Nov 04, 2026

Import/Export

ECTA and DHL Sign Partnership to Strengthen Ethiopian Coffee Exports

Reported November 3, 2026. Thumbnail: editorial illustration. Key TakeawaysThe Ethiopian Coffee and Tea Authority signed an export-support agreement with DHL Express Ethiopia. The partnership …

Nov 04, 2026

News - Transport

PetroChina Explores 1,550km Oil Corridor Through Ethiopia to Djibouti

Reported November 3, 2026. Thumbnail: editorial illustration. Key TakeawaysPetroChina International is exploring an oil corridor linking South Sudan, Ethiopia and Djibouti. Company representatives discussed …

Nov 04, 2026

Electric

EEU Opens 11 EV Charging Stations, Expanding Operational Network to 14

Thumbnail: editorial illustration. Key Takeaways• 11 new charging stations bring Ethiopian Electric Utility’s operational network to 14 sites.• About 150 vehicles can charge simultaneously …

Nov 03, 2026

Regulations - Financial

NBE Holds Policy Rate at 16%, Signals Closer Credit Monitoring

Updated November 4, 2026, using NBE’s November 3 statement. Thumbnail: editorial illustration. Key TakeawaysNBE retained its 16% policy rate and ±300-basis-point corridor. Broad money …

Nov 03, 2026

News - Financial

Adaptation Fund Approves $30 Million for Mandera Triangle Climate Resilience

Reported November 2, 2026. Thumbnail: editorial illustration. Key Takeaways• $30 million was approved by the Adaptation Fund for the Mandera Triangle project.• UNDP will …

Nov 03, 2026

Construction & Mining

Study Identifies Four Ethiopian Wind Sites, Prioritises Arerti for Grid Access

Reported November 1, 2026. Thumbnail: editorial illustration. Key Takeaways• Four sites show utility-scale wind potential: Gode, Mega, Arerti and Sela Dingay.• Debre Berhan University …

Nov 03, 2026

News - Financial

Ethiopia Seeks Nearly $11 Billion in External Financing for Electrification

Reported November 1, 2026. Thumbnail: editorial illustration. Key Takeaways• Nearly $11 billion is sought from external partners for Ethiopia’s electrification programme.• NEP 3. 0 …

Nov 03, 2026

News - Financial

Ethiopian Deposit Insurance Fund Collects Birr 2.61 Billion in Quarterly Premiums

Reported October 31, 2026. Thumbnail: editorial illustration. Key Takeaways• Birr 2. 61 billion in annual premiums was collected during the first fiscal quarter.• 25. …

Nov 02, 2026

News - Financial

ESX Targets 15 Main-Market Listings by June 2027, Expands Pipeline

Reported October 31, 2026. Thumbnail: editorial illustration. Key Takeaways• 15 Main Market listings are targeted by June 2027.• ESX plans eight additional admissions during …

Nov 02, 2026

Import/Export

Ethiopia Takes 17% of LDC Services Exports, Overtaking Tanzania

Reported October 31, 2026. Thumbnail: editorial illustration. Key Takeaways• 17% of LDC commercial-services exports came from Ethiopia in 2024, according to WTO–OECD findings.• Ethiopia …

Nov 02, 2026

News - Financial

Hibret Insurance Raises Profit to Birr 965 Million, Plans Broader Expansion

Key Takeaways• Net profit rose 14. 5% in 2025/26.• Combined premiums and General Takaful contributions grew 24. 18%.• Paid-up capital reached Birr 1. 88 …

Nov 01, 2026

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NBE schedules $140m foreign-exchange auction for November 10

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