Wahid Business News

Tag: Ethiopia

Latest articles tagged "Ethiopia"

Construction & Mining

Ethiopia’s Mineral Exports Rise 87% to Nearly $4 Billion

• 87% growth lifted mineral export earnings to nearly $4 billion.• Gold led export performance, driving the increase in mineral receipts.• Mineral exports gained …

Apr 27, 2026

Import/Export

Ethiopia Substitutes $4.85 Billion Imports as Manufacturing Expands

• $4. 85 billion in imports replaced by local manufacturing in nine months.• 754 industries entered production under the Made in Ethiopia initiative.• Manufacturing …

Apr 27, 2026

Import/Export

China’s Luckin Builds ¥3bn Coffee Hub, Deepens Ethiopia Sourcing

• 3 billion yuan facility launched by Luckin Coffee to expand coffee processing capacity. • More than 55,000 tonnes annual processing capacity added through …

Apr 27, 2026

Analysis

Ethiopia’s Fuel Risk Is No Longer Just About Subsidies

Ethiopia’s fuel story is becoming less about phased domestic price liberalisation and more about external vulnerability. Recent pump-price adjustments have pushed petrol and diesel …

Apr 22, 2026

News - Financial

Ethiopia-NBE Talks With African Export-Import Bank Focus on Regional Payments and Economic Resilience

Discussions centered on African economic self-reliance, regional integration, and expanded intra-African trade. Officials identified industrialization and infrastructure financing as priority cooperation areas. Talks included …

Apr 22, 2026

Electric

Travelers Earn 1 Mile Per $1 as Ethiopian Airlines Expands ShebaMiles Into Ground Transport

Green Motion and Ethiopian Airlines signed a strategic partnership announced April 14, 2026. ShebaMiles members earn 1 mile for every $1 spent on Green …

Apr 22, 2026

Electric

Ethio Telecom Scales National EV Platform as 284,000 Charging Sessions Signal Energy Shift

Ethio telecom opened its fourth public super-fast EV charging station in Adama, first expansion outside Addis Ababa. The Adama site uses 180 kW chargers …

Apr 22, 2026

Regulations - Financial

Ethiopia’s Finance Ministry backs income tax exemption for free-trade-zone importers

Addis Ababa — Ethiopia’s Ministry of Finance has issued a directive supporting income tax exemptions for investors operating in free trade zones, in a …

Apr 16, 2026

News - Transport

Ethiopia Declines 60% Tadjoura Port Stake, Seeks Corridor Access Instead

Djibouti offered Ethiopia a 60% equity stake in the Tadjoura Port, according to Finance Minister Ilyas Moussa Dawaleh. Ethiopian government declined the proposal, seeking …

Apr 13, 2026

News - Transport

Djibouti Opens New Ship Repair Yard to Boost Port Capacity

New ship repair yard inaugurated in Djibouti to service regional and international vesselsFacility developed to reduce reliance on foreign ship maintenance hubsYard positioned near …

Apr 06, 2026

News - Transport

3 Tankers Deliver 143,000 MT as IMF Warns Horn Still Exposed

Three vessels docked in Djibouti carrying 143,000 metric tons of jet fuel and gasoil. Deliveries included 73,000 metric tons of gasoil and 70,000 metric …

Apr 06, 2026

Electric

Ethiopia Pushes GAC Juntu for Local EV Manufacturing

Alemu Sime urges GAC Group to establish manufacturing plant in EthiopiaProposal raised during GAC Juntu EV showroom launch in Addis AbabaNew facility spans 2,300 …

Apr 06, 2026

Regulations - Transport

Ethiopian Airlines Expands Cargo Operations to Nigeria

Ethiopian Airlines to launch cargo flights to Nigeria’s Gateway Airport New route strengthens air cargo connectivity between Ethiopia and West Africa Expansion targets growing …

Apr 06, 2026

News - Financial

IIB Group Secures NBE License to Open Addis Ababa Office

International Islamic Bank Group receives license from National Bank of EthiopiaRepresentative office to be established in Addis AbabaApproval aligns with Ethiopia’s financial sector liberalization …

Apr 06, 2026

Electric

Ethio Engineering Group signs SKD agreements with two Chinese firms

Deals signed with Sany International and Hangzhou TrumaxSany to supply wheel loaders and excavators in SKD formTrumax to supply batching plants and crusher plants …

Apr 03, 2026

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