Ethiopia: EIB Global Partners With Three Ethiopian Banks to Boost Climate Finance

The European Investment Bank's development arm, EIB Global, has signed technical assistance agreements with Zemen Bank, Dashen Bank and Hibret Bank to strengthen their capacity in… Read more »

Ethiopia: GERD: New Reality in Nile Basin - Africa's Emerging Power Dynamic

For over a decade, Egypt and Sudan have engaged in diplomatic battles, international appeals, and endless negotiations to stop or modify the construction and operation of the Grand… Read more »

Ethiopia: Building Resilience or Tightening Control: Critical Analysis of Ethiopia's New Disaster Law, Implications for CSOs

In early June 2025, the House of Peoples' Representatives unanimously approved the Ethiopian Disaster Risk Management Proclamation. First introduced to parliament on March 18, the… Read more »

Ethiopia: Ethiopia Central Bank Governor Announces Unexpected Departure Amid Forex Market Reforms

Addis Abeba -Mamo Mihretu, Governor of the National Bank of Ethiopia (NBE), made a surprise announcement of his departure after seven years of service in various high-profile… Read more »

Ethiopia: Ethiopia's Abay River Carried Away Soil and Gold for Centuries: PM Abiy

Prime Minister Abiy Ahmed said Ethiopia's Abay River, the Blue Nile, which supplies up to 86% of the Nile's waters, has for centuries carried away not only the country's fertile… Read more »

Ethiopia: Ethiopia Reaffirms GERD As a Symbol of 'African Self-Reliance', Calls for 'Equitable Use of Shared Resources'

Ethiopia has reiterated its position that the Grand Ethiopian Renaissance Dam (GERD) embodies African self-reliance and regional development, as the country prepares to inaugurate… Read more »

Ethiopia: Ethiopia, Dangote Group Ink $2.5 Billion Deal to Build Fertilizer Complex in Gode, Somali Region

Ethiopian Investment Holdings (EIH), the government's strategic investment arm, and Dangote Group have signed a landmark shareholders' agreement to develop and operate a $2.5… Read more »

Ethiopia: Amnesty Urges Ethiopia to Drop Proposed CSO Law Amendments, Warns of 'Total Closure' of Civic Space

Amnesty International has called on Ethiopian authorities to immediately withdraw proposed amendments to the Civil Society Organizations (CSO) Proclamation, warning that the… Read more »

Ethiopia: Labor Confederation Urges Private Sector to Follow Govt's Lead On Salary Increases for Workers

Kassahun Follo, President of the Confederation of Ethiopian Trade Unions (CETU), has called on the private sector to follow the government's lead in adjusting salaries to ease the… Read more »

Ethiopia: Ethiopia Raises Civil Servants' Salaries - Degree-Holder Entry Pay Set At 11,500 Birr From September

The Federal Civil Service Commission has announced a major salary adjustment for civil servants, effective September 2025. Under the revised pay scale, the entry-level salary for… Read more »

Ethiopia: Rising Taxes, Shrinking Wallets: How Ethiopia's Fiscal Reforms Strain Low-Income Households Amid High Inflation, Stagnant Wages

In recent years, the Ethiopian government has implemented fiscal measures to enhance revenue collection from both tax and non-tax sources, aiming to finance its rapidly expanding… Read more »

Ethiopia: From GERD to Red Sea - Ethiopia's Strategic Future Amid Regional Power Politics, U.S. Pressure

Having begun construction nearly 14 years ago, the Grand Ethiopian Renaissance Dam (GERD) is scheduled for inauguration in September 2025. During a parliamentary address two months… Read more »

Ethiopia: Oromia Demands Full Stake Over Mining Licenses, Compliance - Hong Kong Xingxu Mining, Several Others Face 'Revocation of Non-Compliant Licenses'

The Oromia Mineral Development Authority (OMDA) moves to assert a significant stake over licensing and compliance matters in the region's mushrooming mining sector. Read more »

Africa: AfDB Signs Agreement to Mobilize $8b for Construction of Africa's Largest Airport in Ethiopia

The African Development Bank Group (AfDB) has signed an agreement with Ethiopian Airlines Group to mobilize $8 billion for the construction of Bishoftu International Airport, which… Read more »

Ethiopia: Ethiopia's Sovereign Fund Makes First International Investment in Akobo Minerals

Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, Ethiopia's Sovereign Wealth Fund, Ethiopian Investment Holdings (EIH), has made its… Read more »

Ethiopia: Egypt 'Scrambling to Create Obstacles' Ahead of GERD Inauguration: Electric Power CEO

Egypt is "scrambling to create obstacles" following Ethiopia's announcement that the Grand Ethiopian Renaissance Dam (GERD) is set to be inaugurated soon, according to Engineer… Read more »

Ethiopia: Ethiopia's Central Bank Signals Crackdown Against Informal Forex Market, Warns of Confiscation

The National Bank of Ethiopia (NBE) has issued a strong warning to the business community and members of the diaspora to stop using the informal foreign exchange market, as part of… Read more »

Ethiopia: Ethiopian Airlines Reports $7.6b Revenue, Confirms Frozen Funds in Eritrea Remain Inaccessible

Ethiopian Airlines transported more than 19 million domestic and international passengers and earned 7.6 billion USD in revenue during the 2024/2025 Ethiopian budget year, marking… Read more »

Ethiopia: Tigray Interim Admin, Simret Party Trade Accusations Over Deadly Border Attack

The Tigray Interim Administration has accused the Simret Party, a new political party led by former President Getachew Reda, of carrying out an armed attack on a Tigray security… Read more »

Ethiopia: Tigray Supreme Court Orders Release of 500 Million Birr to Pay Teachers' Unpaid Salaries

Mekelle- The Tigray Supreme Court has ordered the immediate release of over 500 million birr from the Regional Bureau of Finance's account at the Commercial Bank of Ethiopia to… Read more »

Ethiopia: News - After Backing Ethiopia's Quest for Sea Access, Belarus President Signals Deepening Ties With Addis Abeba On Political, Economic Fronts

Belarusian President Aleksandr Lukashenko pledged his country's commitment to deepening bilateral ties with Ethiopia, expressing strong "political and economic interest" in… Read more »

Ethiopia: One Year Into Macroeconomic Reform: Unpacking Drivers Behind Ethiopia's Export Boom

It has been a year since the Ethiopian government officially launched a comprehensive macroeconomic reform program aimed at addressing long-standing structural imbalances in the… Read more »

Africa: Ethiopia's Strategic Triple Play: How Assertive Diplomacy On GERD, Somaliland MOU, Brics Membership Reshapes Horn of Africa Power Dynamics

The Horn of Africa, long shaped by strategic interests and colonial legacies, is once again emerging as a center of intense diplomatic engagement. With this development, Ethiopia… Read more »

Egypt: Egypt Once Again Targets 'Red Sea Security', Vows Stronger Military Relations With Somalia

Egyptian President Abdel Fattah el-Sisi issued yet another message targeting red Sea security on Sunday, pledging to work for its safety while vowing to intensify military support… Read more »

Ethiopia: AfDB Approves $50m Trade Finance Guarantee to Boost SMEs, Local Corporates Via Awash Bank

The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Transaction Guarantee Facility to support trade finance operations at… Read more »