News - Financial
National Bank of Ethiopia allocated $455. 29 million in second $500 million special FX auction. Weighted average selling rate settled at 155. 17 Birr …
Feb 27, 2026
Latest News
News - Transport
Tigray Trade and Export Agency said fuel supply to Tigray has been completely cut off since January. The agency reported no fuel deliveries have …
Feb 27, 2026
News - Financial
M-Pesa Ethiopia and Gebeya Inc launched the “Dala AI Bundle” in Ethiopia. The bundle integrates AI-powered digital services with M-Pesa’s mobile money platform. Dala …
Feb 27, 2026
Import/Export
Ethiopian Airlines signed import document for food waste conversion project. Project aims to process organic waste into sustainable products. Initiative targets waste from airline …
Feb 25, 2026
News - Financial
Development Bank of Ethiopia and African Development Bank discuss new external financing for agro-industry and job creation. Talks focus on mobilizing concessional and blended …
Feb 25, 2026
News - Transport
Oil and Energy Authority to supply Kalub LNG through three distribution stations in Somali Region and major cities. First phase capacity: 111 million liters …
Feb 22, 2026
Regulations - Financial
Ministry of Finance maintains 150% export tax on raw hides and skins. Semi-processed hides face 10% export tax; finished leather exports taxed at 0%. …
Feb 22, 2026
Electric
EVs exceeded 60 % of new car sales in Ethiopia in 2024, ranking among top global shares. Ethiopia now has ~115,000 electric vehicles on …
Feb 20, 2026
News - Transport
Ethiopia weighing relocation of part of fuel storage operations to Djibouti’s Damerjog Liquid Bulk Port. Evaluation includes storage capacity and tanker handling infrastructure discussions …
Feb 20, 2026
Construction & Mining
MIDROC Investment Group opened a 1 billion ETB coal processing facility in western Ethiopia. Facility processes 200 tonnes of coal per hour. Plant created …
Feb 20, 2026
News - Financial
IFC will provide a $10 million unfunded risk-sharing facility to Dashen Bank for SME loans. Dashen Bank can extend up to $20 million in …
Feb 17, 2026
News - Financial
NBE FX Auction No. 18 cleared at 155. 12 ETB per USD on latest auction date. National Bank of Ethiopia offered USD 70 million …
Feb 17, 2026
News - Transport
The assembly of the DESU Corridor Authority, which includes Djibouti, Ethiopia, South Sudan, and Uganda, took place in Djibouti. T
Feb 17, 2026
Electric
National Bank of Ethiopia to conduct USD 70 million FX auction on February 17. Bids accepted from commercial banks between 10:00 AM and 12:00 …
Feb 17, 2026
News - Financial
Finance Minister Ahmed Shide met AfDB, IFAD, and BADEA leaders during the African Union Summit in Addis Ababa. BADEA discussions covered financing for Bishoftu …
Feb 16, 2026
Construction & Mining
Ethiopian Airlines confirmed 35 international firms expressed interest in constructing the Bishoftu mega-airport. Detailed design completion targeted by end of February 2026. Formal tenders …
Feb 16, 2026
News - Financial
ESX granted Approval in Principle to several major banks for Main Market listing. Banks include Awash, Dashen, Bank of Abyssinia, Abay, Anbesa, and Amhara. …
Feb 15, 2026
News - Financial
ECMA requires more than 16 supporting documents for capital market licensing applications. Sixteen institutions have been licensed across investment banking, advisory, and brokerage services. …
Feb 15, 2026
Import/Export
Ethiopia generated USD 62 million from meat exports in the first six months of the fiscal year. Exporters shipped about 11,000 tons, below the …
Feb 15, 2026
Regulations - Financial
Here are the key changes:NBE allows banks to apply forward exchange rates alongside spot rates for FX transactionsService exporters may retain 100% of export …
Feb 11, 2026
News - Transport
Ethiopian Airlines Group generated USD 4. 4 billion in revenue in the first half of its current fiscal year. Half-year revenue increased 14% versus …
Feb 10, 2026
News - Financial
Ethiopia’s banking sector posted a combined profit of 91. 06 billion birr in the first half of the fiscal year. Profits followed currency liberalisation …
Feb 10, 2026
News - Financial
National Bank of Ethiopia will open four new regional branches. Branches planned in Bahir Dar, Hawassa, Jimma, and Dire Dawa. Project aims to strengthen …
Feb 10, 2026
News - Transport
FIATA says future global trade depends on integrated multimodal logistics systems. Multimodal logistics integrates sea, rail, road and air transport. FIATA promoting UN Model …
Feb 09, 2026
News - Financial
IMF extends deadline for Commercial Bank of Ethiopia (CBE) to cut net open position (NOP) to March 2026 from end-2025. CBE must reduce on-balance …
Feb 09, 2026
Regulations - Financial
National Bank of Ethiopia targets full removal of the bank credit growth cap by December 2026. Credit cap currently limits annual bank lending growth …
Feb 09, 2026
Import/Export
Deal focuses on coffee development in Debeka, Abaya Woreda, West Guji Zone, Oromia region. Agreement includes quality systems, workforce capacity-building, and technical support for …
Feb 09, 2026
Regulations - Financial
The central bank stated that the indicative prices are reference benchmarks only, intended to support consistency and transparency in import valuation, and are not …
Feb 07, 2026
Import/Export
The 22nd African Fine Coffees Expo concluded today at the Addis Ababa International Convention Center, after running from 4 February. The expo brought together …
Feb 06, 2026
Regulations - Financial
The Ethiopia Customs Commission has issued a formal directive regulating representation between importers and customs brokers during customs clearance. The Commission stated that many …
Feb 05, 2026