Wahid Business News

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News - Financial

Ethiopian Investment Holdings and CCI sign $26m deal for Addis outsourcing centre

Key takeawaysEthiopian Investment Holdings and CCI Global signed an agreement worth about $26 million for a business process outsourcing centre in Addis Ababa. The …

Nov 14, 2026

News - Financial

AMG and NileBridge licences bring Ethiopia’s investment bank count to 11

Key takeawaysThe Ethiopian Capital Market Authority licensed AMG Investment Bank PLC and NileBridge Investment Bank PLC on 13 November. The regulator also approved eight …

Nov 14, 2026

Import/Export

Ethiopia earns $1.16bn from coffee exports in four months

Key takeawaysEthiopia shipped 167,800 tonnes of coffee from July through October, the first four months of 2026/27. Export volume rose by 24,600 tonnes compared …

Nov 14, 2026

News - Transport

Galaan approved for inland clearance of Ethiopian cargo arriving through Djibouti

Key takeawaysImporters can now name Galaan Multipurpose Port as the inland destination on a single through bill of lading. Cargo arriving by liner at …

Nov 14, 2026

Import/Export

Ethiopia has six bilateral deals left before WTO schedule verification

Key Takeaways11 of 17 bilateral market-access negotiations have been concluded and signed, Minister Yasmin told WTO members. Six agreements remain, with several nearing completion, …

Nov 13, 2026

Regulations - Financial

Ethiopia introduces digital creator tax rules with Br50,000 Schedule D threshold

Key Takeaways15% applies to eligible Schedule D digital-content income above Br50,000 annually, Capital reports. Regulation 597/2026 also provides for Schedule C business-income taxation, depending …

Nov 13, 2026

News - Financial

ATI programmes report Br2.62bn in loans and over Br1.59bn in agricultural financing

Key takeawaysBr2. 62 billion in loans reached 146 enterprises through ATI’s Agri-Hub programme in 2025/26, Ethiopian Business Review reports. ADEY mobilised over Br1. 59 …

Nov 13, 2026

News - Financial

Wegagen launches ShebaMiles payment card with 50-point welcome bonus

Key takeaways50 ShebaMiles points are offered to customers registering and obtaining Wegagen’s new co-branded payment card. Qualifying purchases through Wegagen POS terminals earn travel …

Nov 13, 2026

Analysis

EEA forecasts above-9% growth but warns of weak job creation

Key takeawaysAbove 9% annual real GDP growth is projected over three years in the EEA outlook reviewed by StockMarket. et. Each 1% output increase …

Nov 12, 2026

Import/Export

Ethiopia advances WTO talks after reviewing more than 460 legal instruments

Key takeawaysMore than 460 legal instruments have been reviewed as Ethiopia aligns its framework with WTO requirements, officials reported. November 9–10 — Ethiopia participated …

Nov 12, 2026

News - Transport

ERC and Ethio Engineering sign deal to localise railway components

Key takeawaysNovember 10 — Ethiopian Railway Corporation and Ethio Engineering Group signed a cooperation agreement in Addis Ababa. The framework covers railway infrastructure, component …

Nov 12, 2026

News - Transport

Ethiopian Cargo adds twice-weekly Ezhou–Santiago route through Addis Ababa

Key takeawaysTwice-weekly Boeing 777 freighter services link Ezhou, Addis Ababa, São Paulo and Santiago, Ethiopian Business Review reports. November 9 — the first charter …

Nov 12, 2026

Regulations - Financial

NBE publishes framework for interest-free monetary operations

Key takeawaysNBE published Directive EPD/01/2026 on November 9, covering interest-free open-market operations and standing facilities. The framework addresses central-bank liquidity management compatible with interest-free …

Nov 11, 2026

News - Financial

NBE sells $140m as FX auction cut-off rises to 159.1876 birr

Key takeawaysNBE sold $140 million in its 32nd foreign-exchange auction on November 10. Banks bid $156. 73 million; 26 of 31 participating banks received …

Nov 11, 2026

News - Financial

Awash Insurance becomes first insurer listed on ESX

Key takeawaysAwash Insurance has joined the Ethiopian Securities Exchange’s Main Market, becoming its first listed insurance company. ESX’s November 10 announcement records 6,750,604 listed …

Nov 11, 2026

Construction & Mining

Kurmuk pours first gold, targets commercial production by year-end

Key takeawaysAllied Gold announced the first gold pour at Ethiopia’s Kurmuk mine on November 9. The company targets commercial production by end-2026 and designed …

Nov 11, 2026

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

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Ethiopian Investment Holdings and CCI sign $26m deal for Addis outsourcing centre

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