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Construction & Mining

Ethiopia Clears Zijin’s USD 4bn Allied Gold Acquisition

Key Takeaways:• USD 4bn — Ethiopia approved Zijin Gold International’s acquisition of Allied Gold Corporation.• Ethiopian clearance removes a major regulatory hurdle before the …

Jul 17, 2026

News - Financial

IMF Urges NBE Gold-Market Exit as Reserve Money Jumps 67%

Key Takeaways:• 67% — Ethiopia’s reserve money growth accelerated year-on-year in March 2026.• IMF urged NBE to prepare a comprehensive gold-market exit strategy by …

Jul 17, 2026

News - Financial

Ethiopia’s Capital Market Opens New Route Beyond Bank-Only Financing

Key Takeaways:• 23% — Ethiopian business borrowing rates reached this level by late 2024.• January 10, 2025 — Ethiopian Securities Exchange formally commenced securities …

Jul 17, 2026

Import/Export

Chinese Firm Explores Coffee Industrial Park as Ethiopia Targets Value Addition

Key Takeaways:• USD 3bn+ — Ethiopia’s coffee exports generated this amount during the current fiscal year.• 99. 7% — green beans accounted for Ethiopia’s …

Jul 17, 2026

News - Financial

AfDB Backs USD 110m for Ethiopia’s First Private Wind Farm

Key Takeaways:• USD 110m — AfDB approved financing for Ethiopia’s Aysha Wind Project.• USD 508m — total funding package supports the 300MW project in …

Jul 17, 2026

News - Financial

AFC Assesses Financing for Addis Ababa’s 500,000-Home Programme

Key Takeaways:• 500,000 homes — Addis Ababa targets this construction volume over the next five years.• 1. 5m homes — Ethiopia’s broader national housing …

Jul 17, 2026

News - Financial

Italy Explores Mgets Agricultural Mechanization

Key Takeaways:• 37m hectares — Ethiopia’s arable land, with about 16m hectares currently cultivated.• ECCSA and ICE are linking Ethiopian companies with Italian machinery …

Jul 17, 2026

News - Financial

NBE Removes Credit Cap, Reduces FX commission rate, Raises Policy Rate Amid Inflation Pressure

Key Takeaways:• 1 percentage point — NBE raised its policy rate while keeping the ±3 percentage-point band.• NBE fully removed the credit cap after …

Jul 13, 2026

Import/Export

Ethiopia Exports Hit Record USD 10.7bn, Beating Target by 14%

Key Takeaways:• USD 10. 7bn+ — Ethiopia earned record export revenue during the 2025/26 fiscal year.• 114% — Ministry of Trade said export earnings …

Jul 06, 2026

Diesel/Gasoline

OLA Energy Acquires Nearly 120 TotalEnergies Stations in Ethiopia

Key Takeaways:• Nearly 120 stations — OLA Energy acquired TotalEnergies’ Ethiopian retail fuel network.• 13,000 cubic meters — fuel storage terminal ownership transfers under …

Jul 02, 2026

News - Financial

CBE Reports Birr 80bn Profit as Deposits Top Birr 2.4tn

Key Takeaways:• Birr 80bn+ — Commercial Bank of Ethiopia reported record profit for 2025/26.• Birr 2. 4tn+ — CBE’s total deposit base reached this …

Jul 02, 2026

Import/Export

Ethiopia Exceeds USD 3bn Coffee Export Target Within Fiscal Year

Key Takeaways:• USD 3bn — Ethiopia exceeded its coffee export revenue target in the current fiscal year.• Minister of Agriculture Addisu Arega announced the …

Jul 02, 2026

News - Financial

IMF Approves USD 464m Ethiopia Disbursement as ECF Support Hits USD 2.65bn

Key Takeaways:• USD 464m — IMF approved immediate disbursement after Ethiopia’s fifth ECF review.• USD 2. 647bn — total IMF disbursements under the programme …

Jul 02, 2026

News - Financial

Awash Bank Posts Birr 40.7bn Profit After ESX Listing

Key Takeaways:• Birr 40. 7bn — Awash Bank reported gross profit for the 2025/26 financial year.• Birr 622bn — total assets climbed in Awash …

Jul 02, 2026

News - Financial

Ethiopia Flags 374,229 Non-Compliant Businesses After 2.89m Inspections

Key Takeaways:• 374,229 businesses — Ethiopia found this number operating in breach of trade regulations.• 2. 89m inspections — Ministry of Trade completed post-licensing …

Jul 01, 2026

Construction & Mining

Dangote Signs USD 400m XCMG Deal for Refinery Expansion

Key Takeaways:• USD 400m — Dangote Group signed an equipment supply agreement with China’s XCMG.• 1. 4m barrels/day — Dangote targets expanded refining capacity …

Jul 01, 2026

Electric

Ethiopia’s 100,000 EVs Push Insurers Toward Risk-Based Pricing

Key Takeaways:• 100,000 EVs — estimated electric vehicles in circulation, below 5% of Ethiopia’s total fleet.• NBE says high EV spare-part costs make minimum …

Jun 29, 2026

News - Financial

Intra-African Trade Rises 5.47% as PAPSS Adoption Expands

Key Takeaways:• USD 213. 8bn — intra-African trade reached this level in 2025, up 5. 47%.• Afreximbank says PAPSS is expanding local-currency settlement for …

Jun 29, 2026

News - Financial

EEU Signs Birr 3bn Grid Upgrade Deal for Western Ethiopia

Key Takeaways:• Birr 3bn — EEU signed a grid rehabilitation and upgrade agreement.• Alpha TND and Capital Electech will modernise distribution networks in western …

Jun 29, 2026

News - Financial

Parliament Approves USD 600m World Bank Loan for Budget Support

Key Takeaways:• USD 600m — Parliament approved an IDA loan agreement for direct budget support.• USD 1. 45bn — World Bank financing package supports …

Jun 29, 2026

Import/Export

Ethiopia Targets USD 6bn Coffee Exports by 2031

Key Takeaways:• USD 6bn — Ethiopia targets annual coffee export earnings by 2031.• USD 3bn — coffee exports reached a record level in the …

Jun 29, 2026

Import/Export

Ambassador Massinga Visits AMG Holdings, Underscores U.S. Commitment to Ethiopia’s Industrial Growth

Addis Ababa, Ethiopia – In a move signaling deepening economic ties, U. S. Ambassador to Ethiopia Ervin Massinga recently visited AMG Holdings, one of …

Jun 25, 2026

News - Financial

ECMA Registers 61.9m Bunna Bank Shares, Approves New Issuance

Key Takeaways:• 61. 9m shares — ECMA registered securities already held by Bunna Bank shareholders.• 2. 59m new shares — ECMA approved registration for …

Jun 25, 2026

News - Financial

NBE FX Auction Clears at Birr 157 as Bank Demand Eases

Key Takeaways:• USD 160. 5m — banks submitted bids in NBE’s latest foreign exchange auction.• USD 100m — National Bank of Ethiopia allocated to …

Jun 25, 2026

Diesel/Gasoline

TotalEnergies Reportedly Set to Sell 120 Ethiopia Stations to OLA

Key Takeaways:• 120 stations — TotalEnergies reportedly agreed to sell its Ethiopian network to OLA Energy.• 143 stations — TotalEnergies Marketing Ethiopia’s local website …

Jun 23, 2026

News - Financial

Binance Restores Ethiopia Access Through Ethiotelecom After Regulatory Talks

Key Takeaways:• Tuesday — Binance emailed users confirming restored access in Ethiopia through Ethiotelecom.• Binance said access resumed after successful regulatory engagements.• Ethiotelecom users …

Jun 23, 2026

News - Financial

Arifpay Processes Birr 156.9bn as Ethiopia Digital Payments Expand

Key Takeaways:• Birr 156. 9bn — Arifpay says it has processed digital payment transactions since launch.• 75% — nearly this share of Arifpay’s transaction …

Jun 22, 2026

Construction & Mining

KME Appoints CBE Capital for Ethiopia’s First Gold-Linked Share Issuance

Key Takeaways:• June 20, 2026 — KME Minerals announced CBE Capital’s advisory mandate.• KME Minerals appointed CBE Capital Investment Bank for a proposed gold-linked …

Jun 22, 2026

News - Transport

World Bank Adds USD 45m for Djibouti–Addis Trade Corridor Upgrade

Key Takeaways:• USD 45m — World Bank approved additional financing for the Djibouti–Addis Ababa corridor.• USD 205m — total World Bank commitment to the …

Jun 22, 2026

Import/Export

Oilseed Exporters Warn New Taxes Could Force 31.6% Shutdowns

Key Takeaways:• 31. 6% — surveyed exporters said they plan to shut down under the tax measures.• EPOSEA says minimum alternative tax and quarterly …

Jun 22, 2026

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Ethiopia Clears Zijin’s USD 4bn Allied Gold Acquisition

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