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News - Financial

Ethiopia Bondholders Move to Sue After $1bn Restructuring Talks Fail

Key Takeaways:• $1 billion Eurobond restructuring remains unresolved after fresh negotiations ended without agreement.• Eurobond creditors’ committee rejected Ethiopia’s newly proposed debt restructuring option.• …

Jun 02, 2026

News - Financial

Ethio Telecom Lists on the Ethiopian Securities Exchange

Key takeaways- Historic listing – On 26 May 2026 Ethio Telecom began trading on the newly formed Ethiopian Securities Exchange (ESX), allowing shareholders to …

May 30, 2026

News - Financial

Ethiopia’s US$880 Million Eurobond Restructuring Proposal Rejected

Key Takeaways:• US$880 million replacement bond proposed under Ethiopia’s revised Eurobond restructuring plan.• Ministry of Finance ended negotiations with Eurobond holders on 27 May …

May 30, 2026

News - Financial

Telegram Wallet Suspends ETB Crypto Trading From June 2

Key Takeaways:• June 2, 2026 marks the suspension of Telegram Wallet’s ETB-denominated P2P crypto trading.• Wallet said active Ethiopian Birr P2P advertisements will be …

May 29, 2026

News - Financial

NBE Sets $200mn June FX Auctions as Birr Reform Continues

• $200 million will be offered through two foreign exchange auctions in June.• National Bank of Ethiopia scheduled $100 million auctions for June 9 …

May 28, 2026

News - Financial

Ethiopia Needs $5bn Telecom Investment to Triple Tower Network

Key Takeaways:• $5bn in additional investment is needed to improve Ethiopia’s telecom competitiveness.• Andualem Admassie said Ethiopia needs up to 30,000 additional telecom towers.• …

May 21, 2026

News - Financial

Dangote Lifts Ethiopia Investment Above $4bn With Gode Fertiliser Expansion

Key Takeaways:• Over $4bn in Dangote Group investments makes Ethiopia its second-largest African capital destination.• Dangote Group raised its Ethiopia commitment from $2. 5bn …

May 20, 2026

News - Financial

Ethiopia to Rebase GDP by September 2026 Under Statistics Reform

Key Takeaways:• September 2026 deadline set for Ethiopia’s GDP rebasing exercise.• Ministry of Planning and Development will adopt 2017 E. C. as the new …

May 20, 2026

News - Financial

NBE Dollar Auction Rate Rises to 159.98 Birr Amid Bank Demand

Key Takeaways:• $1. 06bn in bank bids exceeded NBE’s $500mn FX supply by more than twofold.• National Bank of Ethiopia held a special foreign …

May 20, 2026

News - Financial

Ethiopia: Eurobond payment deferred to next fiscal year under G20 framework

- Ethiopia will defer repayment of its USD 1 billion Eurobond until the next fiscal year to comply with the G20 Common Framework’s requirement …

May 15, 2026

News - Financial

Public debt reaches USD 51.8 billion amid financing shortfall

- The Ministry of Finance reported Ethiopia’s total public debt at USD 51. 8 billion, comprising USD 33. 5 billion in external debt and …

May 15, 2026

News - Financial

Ethiopia: CBE Capital Passes Br1bn Treasury Bill Trading Milestone

• Br1 billion in Treasury Bill transactions was recorded by CBE Capital.• CBE Capital became Ethiopia’s first investment bank to pass the milestone.• NBE, …

May 15, 2026

News - Financial

Customs Commission Recovers Br2.8bn From Post-Clearance Trade Audits

• Br2. 8bn was recouped over ten months through unannounced post-clearance document audits.• Ethiopian Customs Commission targeted importers, manufacturers, and exporters using falsified trade …

May 14, 2026

News - Financial

Visa Opens Addis Ababa Office to Serve Six East African Markets

• Six markets will be supported from Visa’s new Addis Ababa office.• Visa inaugurated a new office in Addis Ababa to scale Ethiopia operations.• …

May 06, 2026

News - Financial

Fuel Prices Hit Br180.46/Litre as Ethiopia Adjusts Retail Rates Again

• Br180. 46/litre white diesel set as highest retail fuel price in Addis Ababa• Ministry of Trade and Regional Integration updates national fuel retail …

May 04, 2026

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