News - Transport
Government to phase out fuel subsidies for petrol and diesel by February 2026. Policy aims to raise retail petrol and diesel prices to cost-recovery …
Feb 03, 2026
Latest News
News - Transport
Ethiopia piloted rail transport of 120,000 litres diesel via Ethio-Djibouti Railway. Pilot uses specialised wagons at Indode Railway Depot, Addis Ababa outskirts. Initiative directed …
Feb 03, 2026
Import/Export
Ethiopia recorded $5. 1 billion in merchandise export revenue in H1 of FY 2025/26, achieving 120% of target. Service exports earned $4. 5 billion …
Feb 03, 2026
Import/Export
GIZ and Ethiopia’s Ministry of Agriculture launched a 2026 sourcing mission for horticulture and oilseed value chains. Program targets export-ready, growth-oriented SMEs in fruits, …
Feb 03, 2026
News - Financial
The IMF Fourth Review confirms that Ethiopia’s FX and trade reforms are materially changing how the economy engages with global markets. The shift to …
Feb 03, 2026
News - Financial
National Bank of Ethiopia announced a $70 million foreign exchange auction on Tuesday, February 3. Auction follows an oversubscribed previous FX sale. Commercial banks …
Feb 02, 2026
News - Financial
The National Bank of Ethiopia (NBE) enacted targeted measures in response to a recent surge in the parallel foreign exchange market, which saw the …
Feb 01, 2026
News - Financial
The Ethiopian Investment Commission (EIC) has launched a certification system for investment consultants to standardize advisory services and strengthen investor confidence. The initiative was …
Feb 01, 2026
News - Financial
The Ethiopian Capital Market Authority (ECMA) has registered 12,211,586 existing shares of Addis International Convention Center S. C., ensuring compliance with the Public Offer …
Jan 31, 2026
Construction & Mining
The National Bank of Ethiopia (NBE) plans to exit the gold purchasing and export market by December 2026, ending its monopoly and opening the …
Jan 31, 2026
News - Financial
Share purchase: Existing shareholders can buy additional shares through approved brokers. Required docs: Must submit ID, TIN, email, and authorization evidence. Right offer structure: …
Jan 30, 2026
Import/Export
Event dates: 4–8 February 2026 at Meskel Square. Participants: ~50 major companies from 20 countries expected. Local engagement: 300+ local companies will participate. Purpose: …
Jan 30, 2026
News - Financial
ECMA registered 15 million existing Bank of Abyssinia shares with the authority’s registry. 3. 125 million new shares approved for issuance via rights offer. …
Jan 30, 2026
News - Financial
Ethiopia’s bid to restructure its USD 1 billion Eurobond stalled as creditors rejected the agreement in principle. AIP terms included a 15% haircut, new …
Jan 30, 2026
Import/Export
Ethiopia lost an estimated USD 24. 6 billion to trade-related illicit financial flows (2013–2022). Losses place Ethiopia among the top ten globally for such …
Jan 29, 2026
News - Financial
Revenue reported: Ethio Telecom earned 85. 02 billion birr in first half of current fiscal year. Growth drivers: Rapid expansion in data consumption and …
Jan 29, 2026
News - Financial
Credit rating lowered: Fitch cut Afreximbank’s long-term rating to BB+ from BBB- (investment grade). Ratings withdrawn: Fitch has withdrawn future ratings and analytical coverage …
Jan 29, 2026
News - Financial
Bank of Abyssinia’s total deposits exceeded 300 billion birr in early 2025/26. At end of 2024/25, deposits were 243. 2 billion birr. Total assets …
Jan 29, 2026
News - Financial
Interbank FX market opened: Ethiopia’s central bank has launched a competitive interbank foreign exchange market with real-time pricing. Market pricing: Banks conduct FX trades …
Jan 28, 2026
News - Financial
Auction size: National Bank of Ethiopia sold USD 500 million in its largest single foreign exchange auction to date. Exchange rates: Weighted average clearing …
Jan 27, 2026
News - Financial
Total assets: Zemen Bank’s assets reached 106 billion birr in the first half of fiscal 2025/26. Profit: Gross profit for the same period exceeded …
Jan 27, 2026
News - Transport
Ethio-Djibouti Railway (EDR) and National Oil Company (NOC) launched a pilot to transport 120,000 liters of diesel by rail from Indode depot on January …
Jan 26, 2026
Construction & Mining
Zijin Gold International agreed to acquire Allied Gold Corporation for C$5. 5 billion (about US$4. 0 billion) in an all-cash transaction at C$44 per …
Jan 26, 2026
Regulations - Financial
Key points from NBE Directive No. SBB/99/2026 (“Requirements for Licensing a Bank Branch to Operate in Special Economic Zones”): Effective January 6, 2026, banks …
Jan 25, 2026
Regulations - Financial
NBE now requires banks to use Ethiopian Customs Commission indicative prices for selected imported goods in Letters of Credit and import permits. The measure …
Jan 25, 2026
News - Financial
CBE launched CBE Connect Digital Wallet to channel diaspora remittances. The platform targets capturing part of $35 billion annual remittances. Only 22 % ($7. …
Jan 25, 2026
News - Financial
ESX reported 2,500 active investment accounts during its first year. Total trading value exceeded 12 million birr on the Ethiopian Securities Exchange. Account numbers …
Jan 25, 2026
News - Financial
Afreximbank terminated its credit rating relationship with Fitch on January 23, 2026. The decision followed a review finding Fitch’s ratings didn’t reflect Afreximbank’s mandate …
Jan 25, 2026
Electric
CATL officially introduced the Tianxing II battery series on January 22, 2026, highlighting a new sodium-ion variant. The 45 kWh sodium-ion battery is designed …
Jan 24, 2026
Analysis
When Ethiopia loosened its grip on the foreign-exchange market, policymakers framed the move as a technical correction — a necessary alignment of the birr …
Jan 24, 2026