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
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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 - 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
News - Financial
Ethiopian government plans new excise taxes on alcohol, tobacco, fuel, and vehicles under IMF-linked fiscal reforms. Broad fuel subsidies are to be phased out …
Feb 04, 2026
News - Financial
National Bank of Ethiopia plans to allow unlimited deposits of legally earned foreign currency in commercial banks. Policy targets individuals and entities earning foreign …
Feb 03, 2026
News - Financial
National Bank of Ethiopia’s 17th FX auction cleared at 155. 05 birr per USD. NBE allotted USD 70 million to banks from total bids …
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
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
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
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