Wahid Business News

Tag: Ethiopia

Latest articles tagged "Ethiopia"

Construction & Mining

Bishoftu International Airport Project Workforce Projections

Bishoftu International Airport construction workforce projected 50,000 workers in 2026, according to project labor demand estimates. Workforce expected 70,000 in 2027, 90,000 in 2028, …

Mar 08, 2026

Electric

SINOTRUK Electric Dump Trucks Prepared for Shipment to Ethiopia

Chinese heavy truck manufacturer Sinotruk is preparing SINO EV electric dump trucks for shipment to Ethiopia, according to port-side images. The trucks are battery-electric …

Mar 04, 2026

News - Transport

Ethio-Djibouti Railway Expands Domestic Project Delivery Capacity

Ethio-Djibouti Railway Corporation reaffirmed commitment to expand railway infrastructure using domestic expertise. CEO Takele Uma made remarks during Adwa anniversary site visit. Leadership and …

Mar 04, 2026

Analysis

Ethiopia’s Trade Squeeze If Hormuz Shuts: Fuel, Freight and Foreign Exchange

A credible threat to close the Strait of Hormuz has moved from long-running risk to near-term market shock. Iran publicly declared the strait closed …

Mar 03, 2026

Construction & Mining

Survey Identifies 81 Million Tonne Coal Deposit in Southern Ethiopia

Geological survey identified 81 million tonnes of coal in Southern Ethiopia. Survey conducted by Ethiopian Geological Survey. Deposit located in Southern Ethiopia Regional State. …

Mar 03, 2026

News - Transport

Petroleum Authority Revises Fuel Market Share Allocation Framework

Ethiopian Petroleum and Energy Authority implemented a revised fuel market share framework. Framework reallocates fuel volumes based on verified sales performance. Companies required to …

Mar 03, 2026

News - Transport

Tigray Fuel Supply Cut Off Since January

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 Launch “Dala AI Bundle”

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

News - Financial

DBE, AfDB Explore New External Financing to Boost Ethiopia’s Agro-Industry and Jobs

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

Kalub LNG Project to Launch 111 Million Liter Annual Supply Through Three New Stations

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

Ethiopia Maintains 150% Export Tax on Raw Hides as Legal Reform Advances

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

Ethiopia EV Sales Surge as Internal Combustion Import Ban Drives Market Shift

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 Weighs Shift of Fuel Storage to Djibouti’s Damerjog Port Amid Rising Demand

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 Launches 1 Billion ETB Coal Plant to Cut Ethiopia’s $300M Import Bill

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

NBE FX Auction Clears at 155.12 ETB per Dollar as Bids Reach USD 145.31 Million

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

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