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June 25
Ethiopia: ECMA Approves Registration of Nearly 9.7 Million Abay Bank Shares
The Ethiopian Capital Market Authority (ECMA) has approved the registration of 9.66 million existing shares held by shareholders of Abay Bank, marking another step in the… Read more »
Ethiopia: Demand Outstrips Supply in Nbe's USD 100 Million Forex Auction
The weighted average bid submitted by 14 commercial banks reached 157 Birr per U.S. dollar in the National Bank of Ethiopia's latest foreign exchange auction held on Wednesday. Read more »
June 09
Ethiopia: Central Bank Postpones Fx Auction Amid Technical Issues
The National Bank of Ethiopia (NBE) has postponed its latest foreign-exchange auction, citing "unforeseen technical issues." Read more »
Ethiopia: Central Bank Nods to Fuel Imports By Foreign Investors, Embassies, International Orgs
Regulators at the National Bank of Ethiopia (NBE) are allowing diplomatic missions, foreign investors, and international organizations to bypass the Ethiopian Petroleum Supply… Read more »
June 08
Ethiopia: Ethiopian Airlines Braces for Revenue Dip in Face of Rising Fuel Costs
Ethiopian Airlines expects its profit margins to shrink this year as soaring jet fuel prices linked to conflict in the Middle East drive up operating costs and weaken demand on… Read more »
May 26
Ethiopia: Ethiopia Approves Sweeping Economic, Social Policy Measures
-Endorses reforms on energy, trade, insurance, statistics and women's empowerment Read more »
May 02
Africa: China-Africa Economic Relations Reframed - Zero-Tariff for Africa
The diplomatic relationship between China and Africa has now reached its 70th anniversary. Over these decades, economic, political, technological, and people-to-people ties have… Read more »
April 29
Ethiopia: Daily Diesel Supply Restored to Pre-Crisis Levels - Finance Ministry
Officials at the Ministry of Finance say the country's supply of diesel has been restored to nine million liters a day after slashing the volume by half for two months in the wake… Read more »
April 20
Ethiopia: EU Resumes Budgetary Support to Ethiopian Government
The European Union (EU) has announced it has resumed budget support to Ethiopia, more than five years after the bloc cut payments over concerns of human rights violations during… Read more »
March 31
Ethiopia: Central Bank Cautions Middle East Tensions Could Upend Inflation Gains
The National Bank of Ethiopia's (NBE) Monetary Policy Committee has warned that supply shocks resulting from the war in Iran could reverse downward inflation trends. Read more »
Ethiopia: Failed Fuel Delivery Prompts New Allocation Rules, Crackdown On Underground Trade
The federal government has introduced sweeping fuel prioritization measures and intensified a crackdown on illegal trading after a delivery of more than 180,000 metric tons of fuel… Read more »
March 26
Ethiopia: Ethiopia, Russia Advance Industrial Cooperation, Explore Joint Manufacturing Plans
Ethiopia and Russia have agreed to expand industrial cooperation and explore joint production initiatives following high-level meetings held yesterday in Addis Ababa during an… Read more »
March 24
Ethiopia: Ethiopian Airlines to Lease Two Next-Generation Converted Freighters From Aercap
Ethiopian Airlines has agreed to lease two Boeing 777-300ER converted freighters from AerCap Holdings N.V., in a deal that will introduce the aircraft type to Africa for the first… Read more »
February 19
Ethiopia: Ethiopian Airlines Expands Domestic Network As African Partners Strengthen Fleet and Operations
Ethiopian Airlines has announced plans to inaugurate three new domestic airports and commence passenger services to Negele Borena, Gore Metu, and Debre Markos by mid-April 2026,… Read more »
February 10
Ethiopia: Why the AU Must Address Ethiopia's Maritime Access - - and Now
As African leaders gather for the forthcoming African Union Summit, one strategic issue demands urgent and collective attention: Ethiopia's quest for secure and sovereign access to… Read more »
February 03
Ethiopia: Ethiopia Mobilized Over USD 18bln in Six Months, Says PM
- Import bill stands at USD 11.3bln Read more »
Ethiopia: Govt Revises GDP Growth Forecast to 10.2pct
The government has revised its projections for economic growth during the 2025/26 fiscal year, with its new forecast up a full percentage point from the 9.2 percent that officials… Read more »
January 28
Ethiopia: Allied Gold Sells Kurmuk Project to China's Zijin
Egyptian firm poised to earn USD 375mln from sale, Ethiopian gov't likely to get nothing Read more »
January 03
Ethiopia: The Legal Fallacy of Cairo's 'Red Lines' - Why Ethiopia's Sovereignty Is Not Up for Negotiation
In the lexicon of international diplomacy, few phrases are as overused and under-enforced as the "red line". Yet, this week, Egyptian Foreign Minister Badr Abdelatty chose to dust… Read more »
August 06, 2025
Ethiopia: Spare Parts Shortages Impede Ethiopian Airlines' Domestic Operations
CEO denies Russian partnership rumors Read more »
July 19, 2025
Ethiopia: Ethiopians Baffled By Trump Renaissance Dam Remarks
US President Donald Trump's jibe at Ethiopia concerning its USD five billion hydropower dam scheme on one of the main tributaries of the Nile River sent shockwaves across Ethiopian… Read more »
July 03, 2025
Ethiopia: Parliament Endorses 1.9 Trillion Birr Budget Proposal
Parliament on Thursday unanimously endorsed the record 1.93 trillion Birr budget proposed by officials at the Ministry of Finance for the 2025/26 fiscal year. Read more »
Ethiopia: Concerns Over 'Saboteurs' Behind Natural Gas Secrecy - PM
Prime Minister Abiy Ahmed says his administration has been keeping a tight lid on Ethiopia's natural gas production prospects owing to concerns over "saboteurs". Read more »
June 21, 2025
Ethiopia: EU Launches €6m Project to Hasten Ethiopian AfCFTA Participation
The European Union has launched a six million Euro project geared towards kickstarting Ethiopia's belated participation in the African Continental Free Trade Agreement (AfCFTA). Read more »
Ethiopia: Sovereign Wealth Fund Eyes Ports Abroad, Urges Foreign Ministry Backing
Ethiopian Investment Holdings (EIH) is positioning itself to pursue port investments beyond Ethiopia's borders, with the sovereign wealth fund emphasizing the need for stronger… Read more »
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