According to Fana Media Corporation (FMC), 🇪🇹🇬🇭 Ghanaian President Says Ethiopia’s Megech Dam Offers Africa a Blueprint for Transformational Development On Oct 23, 2026 670 Addis Ababa, October 23, 2026 (FMC) — Ghanaian President John Dramani Mahama has described Ethiopia’s Megech Irrigation Dam as an inspiration for Africa’s development, saying the project has strengthened his determination to revive Ghana’s abandoned Pwalugu Multipurpose Dam and Irrigation Project.
According to BusinessDay, Share Ethiopia’s securities market has added another licensed intermediary: PrizeWorth Investment Bank S.C. has joined the Ethiopian Securities Exchange (ESX) as a trading member, bringing the total number of firms authorised to trade on the bourse to nine. The Exchange announced the admission in a press release after a ceremony at its Addis Ababa headquarters, where PrizeWorth received its membership certificate.
According to Birr Metrics, Fuel Stations Barred From Switching Distributors Without Contractual Clearance Yared Seyoum October 23, 2026 Federal Democratic Republic of Ethiopia Petroleum and Energy Authority says it will reject dealer-switching requests unless stations secure clearance from existing suppliers or provide evidence of contractual violations .
According to ThisDay, News Dangote unveils $50bn Africa investment plan, acquires 25% stake in Kenya pipeline network 20 hours ago by todaynews “Just let me tell you, yesterday, with the support from the President of Kenya, we bought 25 per cent of the pipeline network for the distribution of petroleum products,” he said. The Group, he explained, was also developing a distribution corridor linking Djibouti with Addis Ababa, the Ethiopian capital, including tank farms designed to support the storage and movement of petroleum products.
According to Capital Ethiopia, Ethiopia could lose up to $453 million in coffee export revenue as strict European Union (EU) environmental rules threaten shipments failing to meet traceability, geolocation, and legal compliance standards, according to a new study by ODI Global. The report, titled The Case of EUDR in Ethiopia: How to Secure Climate, Trade and Development Goals, and Overcome Risks of Market Exclusion, warns that the EU Deforestation Regulation (EUDR) poses severe risks to Ethiopia’s coffee sector, with far-reaching consequences for rural livelihoods, foreign exchange earnings, and overall economic stability.
According to Capital Ethiopia, Ethiopia is set to host the Addis–Sharjah Business Forum this week, bringing together investors and enterprises from Sharjah, United Arab Emirates (UAE), and Ethiopian businesses to bolster trade relations, promote cross-border investment, and establish new market linkages. The forum is jointly organized by the Addis Ababa Chamber of Commerce and Sectoral Associations (Addis Chamber), Ethiopia’s Ministry of Foreign Affairs, the Sharjah Chamber of Commerce and Industry, the UAE Embassy in Ethiopia, and the Ethiopian Embassy in the UAE.
According to Kana News, Ethiopia Scales Up Subsidized Health Coverage in Bid to Shield Working Class from Medical Shocks By slashing premiums for small taxpayers and formalizing traditional community safety nets, the capital’s expanding insurance scheme is building a macroeconomic shield for millions of low-income families. Kana Newsroom • October 20, 2026 Addis Ababa has officially launched its new membership registration drive for the Community-Based Health Insurance (CBHI) scheme, introducing a major pricing overhaul designed to bring the city's poorest residents into the formal healthcare system.
According to ITWeb Africa, The backing will help the agricultural technology company expand its platform and network of farmers as it seeks to improve the distribution of agricultural produce across the country. By Elijah Oseni , Nigerian Contributor Johannesburg, 20 Oct 2026 Digital Africa backs ChipChip in first investment in Ethiopia's agritech sector.(Image source: 123RF) digital Africa, the investment arm of French development finance institution Proparco, has made its first investment in Ethiopia, backing agricultural technology start-up ChipChip to expand its digital platform connecting farmers with consumers and businesses.
According to Birr Metrics, Ethio Telecom Looks Beyond Grid Electricity as Network Expansion Drives Power Demand staff writer October 20, 2026 Telecom operator invites international suppliers to propose advanced energy solutions after deploying 867 hybrid power systems and expanding solar installations across hundreds of network sites. Ethio Telecom has launched an international search for advanced battery storage, fuel-cell technology and hybrid renewable energy systems as the state-owned telecommunications operator explores additional power solutions for its expanding network of more than 10,600 mobile sites across Ethiopia.
According to Fana Media Corporation, Airbus Forecasts Sixfold Growth in Ethiopia’s Air Passenger Traffic, Citing Ethiopian Airlines’ Expanding Reach On Oct 19, 2026 709 Addis Ababa, October 19, 2026 (FMC) — Ethiopia’s air passenger traffic is projected to grow more than sixfold over the next two decades, with Ethiopian Airlines well positioned to capitalize on rising demand and strengthen Addis Ababa’s role as a major African aviation hub, according to Airbus.
According to Birr Metrics, Chinese Firms Sign Deal to Expand Ethiopia’s LNG Production, Target Export Markets staff writer October 19, 2026 GCL and Jurong agree on construction and gas-processing arrangements for the Ogaden Basin project as Ethiopia advances plans to commercialise its natural gas resources and develop international export channels.
According to Horn Economic Review, United Capital Financial Services Ethiopia (UCFS Ethiopia) has been appointed as Joint Issuing House, Official Stockbroker and Lead Distributor for the Ethiopian placement of the $1.5 billion initial public offering (IPO) of Nigeria’s Dangote Petroleum Refinery, creating a new cross-border investment opportunity for qualified Ethiopian investors.
According to Kana News, Ethiopia Will Guarantee State Company Contracts to Attract Infrastructure Lenders New rules target the "bankability" hurdle that stalled $1.2 billion in geothermal and solar investments under IMF borrowing limits, giving foreign banks the legal safety net needed to finance private mega-projects. Kana Newsroom • October 19, 2026 After nearly seven years of keeping its checkbook locked away, Ethiopia has reopened the door to sovereign guarantees for major private investors.
According to Birr Metrics, Ethio Telecom Names Tariku Demissie Acting CEO as Frehiwot Moves to Government Yared Seyoum October 19, 2026 Appointment comes as the state-owned operator enters the second year of its three-year strategy focused on digital services and business growth. Ethio telecom has appointed Tariku Demissie as acting chief executive officer, effective October 16, as the state-owned telecommunications operator manages a leadership transition while implementing its three-year growth strategy.
According to Capital Ethiopia, United Capital Financial Services Ethiopia (UCFS Ethiopia) has been appointed as a Joint Issuing House, Official Stockbroker and Lead Distributor for the initial public offering (IPO) of Nigeria’s Dangote Petroleum Refinery, opening a new cross-border investment opportunity for qualified Ethiopian investors. The company, a subsidiary of United Capital Plc, will coordinate local investor participation and share distribution alongside other issuing houses and distributors, including CBE Capital, Wegagen Capital and Awash Capital.
According to Banks in Ethiopia, Coopbank’s net profit nearly quadrupled to 6.14 billion birr in 2025/26, driven by stronger lending income, fees, and foreign-exchange gains. Coopbank’s Net Profit Nearly Quadruples to 6.14 Billion Birr Cooperative Bank of Oromia (Coopbank) nearly quadrupled its net profit in the 2025/26 fiscal year , as stronger lending income, higher fee revenue, and foreign-exchange gains boosted its financial performance.
According to The Reporter Ethiopia, The Board of Directors of Ethio Telecom has appointed Tariku Demissie as the company’s new acting CEO. The move follows Frehiwot Tamiru’s recent appointment as Minister of Innovation and Technology. Frehiwot had led the state-owned telecom giant for the past eight years. Tariku previously served as Chief Infrastructure Officer.
According to Capital Ethiopia, Ethiopia’s economic reform agenda has entered its most consequential phase, but a persistent gap between policy ambition and implementation threatens to erode public confidence and delay the promised dividends of a market-oriented economy, experts warned at a national roundtable discussion. The call was made during a discussion on trade, investment, and competitiveness organized by the Forum for Social Studies (FSS) in collaboration with the Center for International Private Enterprise (CIPE).
According to Capital Ethiopia, There has been an overall transformation in Ethiopian newsrooms for both the cities and rural areas of Ethiopia. Now, journalists are using ChatGPT to take notes rather than just using traditional notebooks. Editors are using AI transcription technology to help turn audio from interviews in Amharic into English. Fact-checkers are using various online services to help determine if videos being shared across many different social media sites are manipulated as quickly as word of mouth spreads.
According to Capital Ethiopia, Ethiopian animation project Sunday Morning has won two awards at the 2026 Durban FilmMart, securing a production grant and an opportunity to participate in an international animation industry event. Produced by Nahom Abiy and directed by Minasie Terefe, the project received the National Film and Video Foundation of South Africa’s Best Animation award, which carries a grant of 100,000 South African rand.
According to Capital Ethiopia, Ethiopia has moved closer to resolving its long-running Eurobond default, with Fitch Ratings indicating that a proposed exchange offer for the country’s $1 billion bond could be completed by the end of 2026, even as the agency kept the country’s Long-Term Foreign-Currency Issuer Default Rating at “Restricted Default” (RD).
According to Capital Ethiopia, Education stakeholders are calling for a review of Ethiopia’s university admission requirements, arguing that the minimum passing score in the Grade 12 national examination may be limiting access to higher education for students with the potential to succeed academically. Under the current policy, students must score at least 50 percent on the national examination to qualify for direct university admission.
According to Shega, Dangote’s refinery reported $1.82 billion in profit after tax in the first half of 2026, following losses in 2024 and 2025. The company is now seeking capital to help fund a $14.3 billion expansion that would lift refining capacity to 1.4 million barrels a day by 2029. In Ethiopia, the offer is restricted to 100 qualified investors unless the regulator approves more, and retail buyers are excluded.
According to BirrMetrics, Ethiopian Airlines Expands Global Ticket Distribution Through AirGateway Integration Yared Seyoum October 17, 2026 New distribution agreement gives travel agencies in more than 60 markets access to airline bookings and services. Ethiopian Airlines has expanded its international ticket distribution network through an integration with Berlin-based travel technology company AirGateway, giving travel agencies and corporate travel providers access to its flight offers, booking services and payment options through a single digital platform.
According to The Reporter Ethiopia — Business, Local Access Limited to 100 Qualified Buyers through Depository Receipts Dangote Petroleum and Petrochemicals executives, alongside African financial leaders and senior Ethiopian government officials, officially launched their landmark cross-border initial public offering (IPO) investor engagement in Addis Ababa on Thursday.
According to The Reporter Ethiopia, More than 85 percent of diesel-powered vehicles inspected by the Addis Ababa City Administration Transport Bureau in the first quarter of the current budget year failed to meet national emission standards, according to a report presented by the bureau. Girma Samuel, director of the bureau’s Non-Motorized Transportation Expansion Directorate, indicated that authorities randomly inspected 200 vehicles across major transport hubs and corridors, including Megenagna, Shegole, Gurdshola, and Meskel Square, utilizing specialized diagnostic tools.
According to The Reporter Ethiopia — Business, Aliko Dangote, president and chairman of Dangote Group, said he plans to list at least 10 percent of its Gode fertilizer business on the Ethiopian Securities Exchange (ESX), allowing Ethiopian investors to buy shares in the venture. Speaking at the Dangote Petroleum Refinery IPO investor roadshow in Addis Ababa on Thursday, Dangote said the listing would follow the stabilization of fertilizer production.
According to Capital Ethiopia, An international arbitration tribunal has ordered the Ethiopian Railway Corporation (ERC) to pay Turkish construction company Yapı Merkezi $213.7 million in damages in a long-running dispute over the suspended Awash–Kombolcha–Woldiya–Hara Gebeya railway project. The tribunal also ordered the repayment of $29.1 million in advance payments, bringing the total amount identified in the ruling to about $242.8 million, according to information obtained by Capital.
According to Capital Ethiopia, Pakistan has formally urged Ethiopia to accelerate regulatory approvals for Pakistani pharmaceutical companies, placing pending product registrations and manufacturing plant inspections at the center of recent bilateral trade negotiations aimed at unlocking access to the East African market. During a high-level meeting in Islamabad, Federal Minister for Commerce Jam Kamal Khan called on Ethiopian officials to address administrative delays that continue to hinder Pakistani exporters seeking entry into Ethiopia.
According to Capital Ethiopia, Ethiopian investors seeking to buy shares in Dangote Oil Refinery Company must have a minimum net worth of 10 million birr, excluding the value of one vehicle and one primary residential property, according to the Ethiopian Capital Market Authority (ECMA). The regulator has restricted the offering to qualified investors, with retail buyers excluded from the Ethiopian participation route.
According to Capital Ethiopia, Ethiopia faces renewed inflationary pressures as rising global fuel and fertilizer prices threaten to increase living costs and complicate the country’s economic reform efforts, according to the International Monetary Fund (IMF). The IMF warns that disruptions in international energy markets could increase Ethiopia’s import bills, raise transportation costs and put further pressure on household purchasing power.
According to Horn Economic Review, Ethiopia’s passenger air traffic is projected to increase nearly sixfold between 2025 and 2045, positioning the country among Africa’s fastest-growing aviation markets, according to the latest Global Market Forecast (GMF 2026) released by Airbus. The forecast indicates that Ethiopia’s expanding passenger demand will contribute to a broader transformation of Africa’s aviation industry, driven by population growth, economic development, tourism, trade and increasing demand for air connectivity.
According to Banks in Ethiopia, National Bank of Ethiopia’s NBE first Q2 FX auction drew $152.09 million in bids against $140 million offered, as the birr edged stronger to 160.1072 per dollar. NBE’s First Q2 FX Auction Is Oversubscribed. Ethiopia’s foreign exchange market opened the second quarter of the 2026/27 fiscal year with renewed excess demand, as commercial banks bid 152.09 million US dollars against 140 million US dollars offered by the National Bank of Ethiopia (NBE).
According to Birr Metrics, Dollar Demand Rebounds as Banks Bid 152 Million US Dollars in Latest FX Auction staff writer October 13, 2026 Commercial banks submitted bids totalling 152.09 million US dollars in Ethiopia's latest foreign exchange auction, exceeding the 140 million US dollars allocated by the National Bank of Ethiopia (NBE) and reversing two consecutive auctions in which demand had fallen below the amount offered.
According to Birr Metrics, Parliament Approves $145.8 Mln World Bank Loan to Upgrade Addis Ababa Power Grid Yared Seyoum October 13, 2026 Financing will support new substations, upgrades to existing facilities and underground transmission lines under the first phase of the power sector modernisation programme. Ethiopia’s parliament has approved a 145.8 million US dollar loan agreement with the World Bank’s International Development Association (IDA) to modernise Addis Ababa’s electricity transmission network, financing new substations, upgrades to existing infrastructure and the installation of underground power lines.
According to Capital Ethiopia, The Ethiopian Capital Market Authority (ECMA) has imposed strict investor eligibility and marketing requirements on the proposed offering of Dangote Petroleum and Petrochemicals securities in Ethiopia, warning that unauthorized sales to the general public could violate the country’s capital market laws and result in regulatory action.
According to Capital Ethiopia, Oromia Bank reported pre-tax profit of 3.82 billion birr for fiscal 2025/26, up 49% from a year earlier, based on figures presented at its October 10 shareholder meeting and reported by Ethiopian Business Review and Capital Ethiopia. ATN has not independently examined the audited financial report.
According to Capital Ethiopia, The World Bank lifted its 2026 growth outlook for Sub-Saharan Africa to 4.3%, up 0.3 percentage point from its April forecast, and identified Ethiopia among economies with upgraded projections. The 4.3% figure applies to the region, not specifically to Ethiopia.
According to Kana News, Ethiopia inaugurated the National Precious Metals Refinery at Bole Lemi Special Economic Zone. State-linked reporting confirms the partnership between Ethiopian Investment Holdings and Sam Precious Metals and describes a planned annual processing capacity exceeding 600 tonnes; actual throughput has not been established.
According to Reuters, Ethiopia and Eritrea have presented opposing claims to the UN Security Council over an escalating border confrontation. Ethiopia says Eritrean forces crossed into Tigray and invokes self-defense; Eritrea denies the incursion allegation and asks the Council to intervene. Independent verification of the disputed troop movements remains limited.
According to Reuters / Associated Press, Reuters and the Associated Press reported Ethiopian troops and allied personnel entering Adigrat on October 10. Reuters verified footage of an allied militia in the streets; AP footage showed Ethiopian military vehicles and troops. The reporting does not independently establish which forces held the city before their arrival.
According to The Reporter Ethiopia, Regulation No. 590/2026 permits Ethiopia’s Ministry of Finance to issue capped compensation commitments for designated strategic projects, subject to risk assessment and disclosure requirements.
According to The Reporter Ethiopia, Ethiopian Airlines spent approximately USD 6 million on carbon credits in FY2025/26. Chief executive Mesfin Tasew said compliance obligations are a growing expense and sustainable aviation fuel remains scarce in Africa.
According to The Reporter Ethiopia — Business, The National Bank of Ethiopia (NBE) is planning a comprehensive review and amendment of the country’s tax framework to eliminate financial distortions and overlapping tax liabilities that currently hinder interest-free finance. The proposed reforms are a cornerstone of the central bank’s newly released Draft National Interest-Free Finance Strategy.
According to The Reporter Ethiopia — Business, The Commercial Bank of Ethiopia (CBE) reduced its Non-Performing Loan (NPL) ratio to 2.15 percent in the 2025/26 financial year, far below the National Bank of Ethiopia’s (NBE) 5 percent regulatory limit for commercial banks.
According to Capital Ethiopia, Addis Ababa issued Directive No. 192/2026 to standardize leasing and management of government office buildings. Capital Ethiopia reported the measures on October 9, and Ethiopia's Ministry of Justice lists the directive in its official register.
According to StockMarket.et, Awash Bank has launched four international payment-card products and a domestic contactless debit card with Mastercard, according to October 9 reporting by StockMarket.et and Ethiopian Business Review. The rollout follows changes to Ethiopia's foreign-exchange rules, but published coverage does not establish customers' actual FX availability or card fees.
According to StockMarket.et, Oromia Bank has introduced three international Visa card tiers—Classic, Gold and Platinum—in a partnership with Visa and Premier Switch Solutions. Dated October 9 coverage identifies their intended uses, but fee schedules, card eligibility and foreign-currency limits have not been disclosed in the reports reviewed.
According to The Reporter Ethiopia, Prime Minister Abiy Ahmed (PhD) has announced four key government appointments, following several cabinet reshuffles made earlier today. Prime Minister Abiy Ahmed (PhD) has announced four key government appointments, following several cabinet reshuffles made earlier today. Under the new appointments, Alemtsehay Paulos steps in as the Minister of Mines, succeeding Habtamu Tegegn (Eng).
According to The Reporter Ethiopia, women represent 41 percent women represent 41 percent Ethiopia’s House of Peoples’ Representatives on Thursday unanimously approved 22 ministerial nominees presented by Prime Minister Abiy Ahmed, formally establishing the Cabinet of the new Government. The nominations were submitted during the second regular session of the 7th parliamentary term.
According to Ethiopian Business Review, Abay Bank reported Birr 6.22 billion in pre-tax profit for the year ended June 30, 2026, up 47.6%, according to Ethiopian Business Review’s account of audited financial statements.
According to Capital Ethiopia, ETTA Solutions PLC and VISA have announced a strategic partnership framework agreement to roll out 148,000 contactless acceptance devices across Ethiopia. This initiative marks the largest merchant digitisation programme ever undertaken in the country, bringing secure tap-to-pay infrastructure directly to small and micro-enterprises.
According to Fana Media Corporation, Addis Ababa, October 7, 2026 (FMC) — Ethiopia’s House of Peoples’ Representatives has endorsed a new legal framework reconfiguring four federal ministries and sharpening the institutional mandates of the federal executive, as the country’s 22-ministry structure continues into the new five-year government term. The House approved the legislation unanimously during its first extraordinary session of […] Ethiopia’s Lawmakers Endorse Reconfiguration of Four Federal Ministries as 22-Ministry Structure Continues - Black News Login / Register Global News All North Africa East Africa Europe South Africa Asia Central Africa West Africa America Caribbean South America AGSA flags irregular expenditure and weak IT...
According to Capital Ethiopia, The National Bank of Ethiopia scheduled $840 million in six foreign-exchange auctions for the second quarter of the 2026/27 fiscal year, beginning October 13. The scheduled supply exceeds the first quarter's $500 million programme by $340 million, or 68%. These are planned offerings, not confirmed completed sales.
According to Banks in Ethiopia, NBE signals a shift away from regular FX auctions as banks increasingly source foreign currency, with only 17% of last year's bank FX needs supplied by auctions. NBE Signals Shift Away From Regular FX Auctions as Banks Source More Dollars The National Bank of Ethiopia (NBE) is signaling a gradual shift away from regular foreign-exchange auctions as commercial banks increasingly obtain foreign currency through their own sources.
According to Banks in Ethiopia, An EEA survey finds 56.4% of 266 experts see risks to Ethiopia’s market-based exchange rate reform over the next two to three years. Economists Question Durability of Ethiopia’s Exchange Rate Reform More than half of economists surveyed by the Ethiopian Economics Association (EEA) see a meaningful risk that Ethiopia’s market-based exchange rate regime could be partially reversed or replaced by tighter controls within the next two to three years.
According to Capital Ethiopia, Enat Bank is hosting the 2026 Africa Chapter Meeting of the Global Alliance for Banking on Values (GABV), bringing values-based financial institutions, development partners and regulators to Ethiopia for the first time. The two-day meeting, held in Addis Ababa from October 1 to 2 under the theme “Transforming Banking: Leveraging ESG and Technology for Financial Impact,” is examining the role of environmental, social and governance standards, digital technology and innovative finance in building more inclusive and resilient African banking systems.
According to Capital Ethiopia, Why do countries differ? Why do people with the same age, the same abilities, and the same human resources reach different levels of development?
According to Capital Ethiopia, Coffee beans, originating from the highlands of Ethiopia, travel thousands of kilometers to Central China’s Henan province, quietly building a bridge for cross-border industrial cooperation between Henan and Africa. Upon arrival at the Advanced Manufacturing Development Zone of Puyang county, Henan, beans from the African Plateau undergo a transformation: after roasting, grinding, cold extraction, and freeze-drying, the green beans turn into fragrant freeze-dried coffee cups that are sold to consumers across the country and abroad.
According to Capital Ethiopia, The Second Forum for Public-Private Partnership (PPP) Units in Africa opened in Addis Ababa under the theme, “Making Social Sector PPPs Work: From Policy Ambition to Effective Service Delivery.” The two-day hybrid forum is co-organised by the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB) and the African Legal Support Facility (ALSF). It brings together PPP units, government officials, development-finance institutions and technical experts from across the continent to examine how private investment can help expand access to housing, health care, education, sanitation, water and energy.
According to Capital Ethiopia, The country’s leather industry is facing a shortage of raw materials and rising input costs, forcing tanneries to import production inputs from countries including Chile, India and Bangladesh despite the country’s large livestock population. The challenges were raised during a discussion organised by the Addis Ababa Chamber of Commerce and Sectoral Associations, where traders and government officials discussed constraints facing the manufacturing sector.
According to Capital Ethiopia, Ethiopian exporters have yet to meet the requirements needed to access Alibaba’s global e-commerce platform, while businesses say high costs, quality standards and limited support are discouraging them from using international online marketplaces. Baheru Zeyenu, Chief Executive Officer of Africom Technologies, Alibaba’s representative in Ethiopia, told Capital that efforts are under way to connect Ethiopian exporters with the platform, but no exporter has so far met Alibaba’s minimum requirements.
According to Capital Ethiopia, Ethiopia’s non-bank mobile-money operators and payment-service providers are preparing to integrate with the Pan-African Payment and Settlement System (PAPSS), a development expected to connect domestic digital wallets to a continent-wide cross-border payments network. The planned integration could give Ethiopian merchants, artisans and small businesses faster access to customers and trading partners across Africa by reducing the cost, time and complexity of sending and receiving payments across borders.
According to Capital Ethiopia, The National Bank of Ethiopia (NBE) has confirmed that two foreign banking institutions have formally applied to enter the domestic market through greenfield investments, establishing new operations from the ground up rather than acquiring stakes in existing local banks. The development is the first clear indication that Ethiopia is beginning to dismantle its five-decade-long restriction on foreign participation in commercial banking.
According to Capital Ethiopia, Ethiopian researchers and civil-society advocates are calling for stronger biosafety regulations and independent scientific oversight as the country moves toward commercial distribution of genetically modified food crops. They argue that while biotechnology may offer potential benefits, including drought tolerance and pest resistance, Ethiopia’s regulatory framework requires stronger implementation, transparent risk assessment and broader public participation to protect biodiversity, public health, farmers’ rights and national food sovereignty.
According to The Reporter Ethiopia, A sweeping expert elicitation survey conducted by the Ethiopian Economics Association (EEA) reveals deep-seated skepticism among economic scholars regarding the credibility of Ethiopia’s macroeconomic policy framework, official inflation data, and the operational independence of the central bank. The findings—detailed in a research report titled “The Anatomy of Inflation in Ethiopia: Structural Shocks, Policy Credibility
According to The Reporter Ethiopia, The National Bank of Ethiopia (NBE) is reviewing applications from two foreign banks seeking to establish fully owned subsidiaries in the country, while several other international lenders conduct due diligence on potential equity investments in existing Ethiopian banks, a senior regulator disclosed. Frezer Ayalew, Director of Banking Supervision department at the NBE, revealed the developments during a panel discussion on foreign strategic inves
According to The Reporter Ethiopia, Addis Ababa University (AAU) is holding ETB 537.45 million in unsettled advances and receivables, including more than ETB 145.25 million that has remained outstanding for five to ten years, according to a report by the Office of the Federal Auditor General (OFAG). The audit report for the 2017 Ethiopian Fiscal Year (2024/25) found that the university failed to take effective administrative and legal measures t
According to The Reporter Ethiopia, Ethiopia’s incoming federal government is set to begin its five-year administrative term on Monday, inheriting a proposed structural framework for federal executive institutions alongside national dialogue recommendations to be presented to parliament ahead of the transition.
According to The Reporter Ethiopia, Goh Betoch Bank, Ethiopia’s sole specialized mortgage lender, is forced to pull the brake on long-term mortgage lending after its loan-to-deposit ratio soared to an unsustainable level.
According to The Reporter Ethiopia, Ethiopia has updated its national building codes to enforce stricter seismic safety requirements, establish protocols for evaluating older structures, and account for regional wind variations and advanced construction materials, experts disclosed at an engineering summit in Addis Ababa. The details were unveiled during the 27th Ethiopian Association of Civil Engineers (EACE) Convention and International Infrastructure Conference 2026, held at
According to The Reporter Ethiopia, High digital transaction fees, undisclosed user charges, and unmitigated digital fraud risks threaten to derail Ethiopia’s push toward universal financial inclusion, according to an assessment of the National Financial Inclusion Strategy II (NFIS II). Launched at the Ethiopian Finance Forum 2026 in Addis Ababa alongside the unveiling of the follow-up NFIS III (2026–2030) framework, the evaluati
According to The Reporter Ethiopia, A performance audit by the Office of the Federal Auditor General (OFAG) has revealed alarmingly widespread failures in Ethiopia’s wildlife conservation system, highlighted by a staggering surge in illegal settlements and livestock encroachment alongside critical gaps in species monitoring and law enforcement. The audit, which evaluated the Ethiopian Wildlife Conservation Authority (EWCA) across 13 federal protected areas between 2013
According to The Reporter Ethiopia — Business, Ethiopian Airlines will resume daily passenger flights to Durban, South Africa, on December 11, while expanding its cargo fleet under a new agreement with Boeing for 10 freighter aircraft, the airline announced. The Durban service will be Ethiopian Airlines’ third destination in South Africa, after Johannesburg and Cape Town, restoring a route that will connect the coastal city with the airline’s Addis Ababa hub.
According to Capital Ethiopia, NCBA Group PLC—a major East African financial services conglomerate, setting its sights on the Ethiopia and Democratic Republic of Congo (DRC) and as its next major frontier markets. This strategic pivot follows the successful completion of a landmark acquisition transaction with South Africa’s Nedbank Group, a deal that positions the Kenyan lender for broader cross-border expansion.
According to Capital Ethiopia, A new structural engineering study examining the historical site of Yeha in northern Ethiopia has revealed that the 2,800-year-old Grat Be’al Gibri palace possessed incredible structural strength, capable of supporting a building up to 16 storeys high. The research focuses on Grat Be’al Gibri, a monumental palace site in Yeha dating back to the early first millennium BCE.
According to Banks in Ethiopia, Awash Bank deposits have surpassed 500 billion birr, adding at least 32.2 billion birr since June 2026, reflecting 41% annual growth. Awash Bank Deposits Cross 500 Billion Birr Awash Bank’s total deposits have surpassed 500 billion birr , marking a new milestone for the private lender and extending the growth recorded during the 2025/26 financial year.
According to Banks in Ethiopia, ECMA registered 241.16 million shares across seven companies: Cooperative Bank of Oromia, Berhan Bank, Awash Insurance, Oromia Insurance, Oromia Bank, Goh Betoch Bank and Yetebaberut Petroleum. ECMA Registers 241 Million Shares Across Financial and Non-Financial Companies The Ethiopian Capital Market Authority (ECMA) registered more than 241 million shares across seven companies on September 30, expanding the latest wave of securities registrations beyond banks and insurance companies to include a major petroleum distributor.
According to Capital Ethiopia, Ethiopia has announced that a newly established national committee has documented over 22 infrastructure and water projects systematically obstructed or delayed by external pressures. According to the Ministry of Water and Energy, the government has compiled comprehensive, evidence-backed findings detailing how regional opposition—specifically highlighting actions by Egypt regarding developments like the Grand Ethiopian Renaissance Dam (GERD)—has targeted vital national investments.
According to Capital Ethiopia, London-based developer iniBuilds has announced that its highly anticipated rendition of Addis Ababa Bole International Airport (HAAB) for Microsoft Flight Simulator 2024 has entered its final development stages. Founded in 2018, the studio has evolved from crafting dynamic lighting and ground profiles into a premier developer of comprehensive aircraft and airport scenery.
According to The Reporter Ethiopia, The Ethiopian Dialogue Commission will submit its consolidated agenda recommendations from the national dialogue conference to the House of Peoples’ Representatives on Saturday, according to the Commission’s chief commissioner. Mesfin Araya (PhD), chief commissioner of the Dialogue Commission, told The Reporter that the recommendations gathered from more than 4,000 participants had been organized and compiled into a final report.
According to Capital Ethiopia, The Ethiopian Investment Holdings (EIH) has unveiled a major project designed to elevate the country’s hospitality investment strategy. A new 150-room Hilton Garden Inn hotel and a modern wellness facility will be built within the existing Hilton Addis Ababa compound in the heart of the capital.
According to Banks in Ethiopia, Awash Insurance has registered 8 million existing shares with ECMA. The approval does not itself mean the shares are being offered publicly or listed for trading.
According to Banks in Ethiopia, Ethiopia’s digital payment value grew 93% to Br33.9 trillion, outpacing the 72% rise in transactions as digital finance expands. Digital Payment Value in Ethiopia Grows 93%, Outpacing Transaction Volume The value of digital financial transactions in Ethiopia grew substantially faster than the number of transactions over the past year, pointing to a shift toward larger-value activity across the country’s expanding digital payment ecosystem.
According to Banks in Ethiopia, Ethiopia’s financial-sector assets rose 35.5% to Br 6.89 trillion as licensed institutions reached 152 and deposits grew nearly 38%. Ethiopia’s Financial Sector Assets Surge 35.5% to Br 6.89 Trillion Ethiopia’s financial sector expanded substantially over the past year, with total assets climbing 35.5% to Br 6.89 trillion , while the number of licensed financial institutions increased by 23 to reach 152.
According to Capital Ethiopia, I recently listened to an episode of the International Trade Union Confederation’s Collective Voices podcast built around a deceptively simple question: “If the economy is growing, why are we still broke?” It is the kind of question that stays with you because it challenges something we have become accustomed to accepting: that when the economy grows, people’s lives must necessarily be getting better.
According to Banks in Ethiopia, NBE plans a cybersecurity directorate as cyberattacks rise and digital transactions reach Br 9.69 trillion, following Br 1.3 billion in 2024 fraud losses. NBE Moves to Centralize Financial Cybersecurity as Fraud Losses Reach Br 1.3 Billion The National Bank of Ethiopia (NBE) is moving to strengthen cybersecurity across the financial sector as the rapid expansion of digital payments creates a larger and increasingly interconnected target for fraud and cyber threats.
According to Ethiopian Airlines, The fourth edition of the Ethiopian Airlines‑Boeing STEM School program concluded, delivering over 300 hours of aviation and engineering training to grade‑11 students, including 28 young women, across Ethiopia.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange announced that founding CEO Dr. Tilahun Esmael Kassahun has resigned and that Mrs. Yodit Kassa has been appointed as the new Chief Executive Officer.
According to Ethiopian Securities Exchange, Bank of Abyssinia S.C. was officially listed on the Ethiopian Securities Exchange Main Market on July 28, 2026, expanding investment opportunities and deepening Ethiopia’s capital market.
According to Ethiopian Airlines, Ethiopian Airlines inaugurated a new passenger service between Addis Ababa and Mauritius on 12 July 2026, operating three times weekly and linking the island to the carrier’s hub and its global network.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange (ESX) officially welcomed Prime Capital S.C. as its eighth trading member after licensing by the Ethiopian Capital Market Authority, expanding the network of intermediaries in Ethiopia’s capital market.
According to Ethiopian Airlines, Ethiopian Airlines began a new thrice‑weekly passenger route linking Addis Ababa with Lyon, effective 2 July 2026, expanding its European network to three French cities.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange and the International Finance Corporation convened a high‑level stakeholder workshop to assess the feasibility of introducing invoice and electronic receivables discounting platforms in Ethiopia.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange announced that Abay Bank S.C. has been officially listed on its Main Market, expanding investment options and deepening market liquidity in Ethiopia.
According to Ethiopian Airlines, Ethiopian Airlines took delivery of a Twin Otter Classic 300-G aircraft to support domestic connectivity, tourism access and service to remote Ethiopian destinations.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange, with support from FSD Ethiopia, NSE, i‑Capital Africa Institute, the REITs Association of Kenya and EREDA, convened market stakeholders for a validation workshop on introducing REITs and real‑estate funds in Ethiopia.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange announced that Ethio Telecom S.C. has been officially listed on its Main Market, with ticker TELE and 10,690,149 shares, following a public offering that attracted over 47,000 investors.
According to Ethiopian Airlines, Ethiopian Airlines received the 2026 APEX Best Airline in Africa recognition, citing service, onboard comfort and operational performance.
According to Ethiopian Airlines, Ethiopian Airlines and Visa announced an agreement to support the rollout and growth of co-branded payment products for travelers.
According to Banks in Ethiopia, Ethiopia’s new mortgage refinancing company could expand long-term housing finance, but affordability, housing supply and upfront costs remain major barriers. Ethiopia’s Mortgage Gap Can’t Wait A new refinancing company can give banks longer-term money.
According to Banks in Ethiopia, Global economy seen stabilizing, but fiscal constraints, geopolitical tensions and rising living costs threaten recovery, WEF chief economists say. Global Economy Stabilizing Amid Fiscal and Geopolitical Risks The global economy is showing signs of stabilization, but tighter government finances, geopolitical tensions, rising living costs, and uncertainty surrounding artificial intelligence investment could limit the strength of the recovery, according to the World Economic Forum’s (WEF) September 2026 Chief Economists’ Outlook .
According to Kana News, The new legal framework lets citizens with modest savings pool their cash to become fractional owners of commercial high-rises and corporate shares with mandatory dividend payouts. Ethiopian Capital Market Clears Way for Everyday Savers to Pool Funds into Prime Real Estate and Stocks The new legal framework lets citizens with modest savings pool their cash to become fractional owners of commercial high-rises and corporate shares with mandatory dividend payouts.
According to Capital Ethiopia, The traditional Perya Game is more than a game. It is part of the familiar Filipino carnival atmosphere, complete with colorful booths, curious crowds, sounds competing for attention, and the occasional person insisting that their lucky choice is definitely coming up next.
According to Banks in Ethiopia, Sidama Bank joins Ethiopia’s securities market with a September 28 ESX listing under the trading symbol SIDAX, expanding the country’s developing capital market. Sidama Bank Lists on Ethiopia’s Securities Exchange Sidama Bank’s admission adds another financial institution to Ethiopia’s developing securities market, where banks have so far represented a significant share of listed companies.
According to The Reporter Ethiopia, The Council of Ministers has approved a package of legal and economic measures covering the organization of federal executive bodies, external financing for an energy-sector project and amendments to value-added tax regulations. At its 59th regular meeting, the Council approved a draft law governing the powers and functions of federal executive institutions.
According to Banks in Ethiopia, NBE orders Ethiopia’s microfinance institutions to stop upfront deposit interest payments and premature compounding before maturity. NBE Orders Microfinance Institutions to Halt Upfront Interest Payments The National Bank of Ethiopia (NBE) has ordered microfinance institutions to immediately stop calculating, recognizing and paying interest on deposits before the agreed deposit period has been completed, extending a similar restriction recently imposed on commercial banks.
According to Ethiopian News Agency — English, Ethiopia used the latest Horn of Africa Initiative ministerial meeting to advance trade facilitation, energy cooperation and regional infrastructure priorities.
According to Capital Ethiopia, A major aluminum plant has started operations in the Gada Special Economic Zone as additional Chinese technology companies explore Ethiopia’s ICT market.
According to Capital Ethiopia, Ethiopia’s banking sector is adjusting to a more market-based policy framework as regulators tighten deposit-interest rules and monitor liquidity and credit risks.
According to Capital Ethiopia, China has become Ethiopia’s third-largest coffee market as exporters diversify toward Asia while preparing for stricter European traceability requirements.
According to Capital Ethiopia, Broadband connectivity has become a foundation of Africa’s digital economy. But as the continent enters its next phase of digital development, the question is no longer simply how to connect more people.
According to Capital Ethiopia, Mahlet Teklemariam, founder of Hub of Africa Fashion Week, will represent Ethiopia’s fashion industry at the BRICS+ Fashion Summit in Moscow, where business leaders, designers, manufacturers and investors from emerging markets are expected to gather from September 28 to 30. The summit, which forms part of the wider BRICS agenda, is expected to bring together fashion professionals from Asia, Africa, Latin America, the Middle East and Europe.
According to Capital Ethiopia, After a regular Monetary Policy Committee meeting in July 2026, the National Bank of Ethiopia (NBE) issued a press release to announce its “successful transition” from money-focused to interest rate-based monetary policy regime – Action Plan #1 in its Strategic Plan for 2023-26. “Full implementation” of indirect monetary instruments was also declared.
According to Capital Ethiopia, For decades, banking in Ethiopia meant distance between a farmer and the nearest branch or between a trader and a loan officer. Today, that gap is closing not with new buildings, but with keystrokes on a mobile phone.
According to Capital Ethiopia, Poetry Africa will mark its 30th anniversary with five days of performances, poetry slams, workshops, industry discussions and school-based programmes in Durban from October 5 to 9, 2026. The festival, organised by the University of KwaZulu-Natal’s Centre for Creative Arts, will be staged at the Durban Playhouse Theatre and venues across the city.
According to The Reporter Ethiopia, Ethiopia’s Youth Entrepreneurship Investment Bank (YEIB)- a new bank under formation- is expected to begin operations this year, targeting more than 100 innovative startups and micro, small, and medium enterprises (MSMEs), according to the Ministry of Labour and Skills (MoLS). Zerihun Alemayehu, Job Creation Expansion Lead Executive Officer at MoLS, confirmed to The Reporter that preparations are underway to meet the regul
According to The Reporter Ethiopia — Business, The Ethiopian Capital Market Authority (ECMA) has established a comprehensive regulatory framework governing six distinct fund categories, including Exchange-Traded Funds (ETFs) and Money Market Funds. Approved by ECMA Director General Hana Tehelku, the Collective Investment Schemes Operation Directive No.
According to The Reporter Ethiopia, Every year, as the heavy rains of Kiremt begin to subside, the Ethiopian highlands undergo a transformation of extraordinary beauty. Fields once veiled in Opinion A Nation at the Crossroads: Reading the Signs of Enkutatash Beyond the...
According to Kana News, A shorter route and massive border storage replace a decade of stalled pipeline mega-projects, cutting the capital bill by nearly a billion dollars against the last attempt in 2015. What You Need to Know About the $660M EIH-Dangote Pipeline Restructuring Ethiopia's Fuel Logistics A shorter route and massive border storage replace a decade of stalled pipeline mega-projects, cutting the capital bill by nearly a billion dollars against the last attempt in 2015.
According to Ethiopian News Agency — English, A new refined petroleum products pipeline linking Damerjog in Djibouti to Dewele in Ethiopia is intended to cut logistics costs and strengthen fuel-supply resilience.
According to Ethiopian News Agency — English, Ethiopia’s trade ministry says the country has reached the final stage of drafting its WTO Working Party Report as accession negotiations advance.
According to The Reporter Ethiopia, Ethiopia and the United States said they will expand cooperation on regional peace, security and bilateral trade after a meeting between Ethiopian adviser Getachew Reda and U.S. Assistant Secretary of State for African Affairs Frank Garcia on the margins of the UN General Assembly.
According to Kana News, Agriculture Minister Oksana Lut confirmed ongoing negotiations to scale up deliveries, positioning Moscow to capture a larger share of Ethiopia's 2.5 million-tonne annual agricultural input requirement. Russia Negotiates to Expand Fertilizer Exports to Ethiopia After Shipping 500,000 Tonnes Agriculture Minister Oksana Lut confirmed ongoing negotiations to scale up deliveries, positioning Moscow to capture a larger share of Ethiopia's 2.5 million-tonne annual agricultural input requirement.
According to Capital Ethiopia, For most people, employment means more than receiving a monthly salary. A job can provide stability, independence, social connection and a sense of purpose.
According to Capital Ethiopia, The famous saying, “If you are not updated, you will be outdated,” has perhaps never carried greater significance than it does today. This becomes particularly evident when we observe two distinct types of organizations: those whose leaders remain open to change and innovation, and those that become insulated by their past success, convinced that the conditions that made them successful will continue indefinitely.
According to Ethiopian News Agency — English, Ethiopian officials say economic ties with the UAE are expanding across investment, tourism and trade as both sides seek more private-sector connections.
According to Ethiopian News Agency — English, IFC leadership pointed to progress in foreign exchange, reserves and inflation as factors improving Ethiopia’s investment environment.
According to Ethiopian Statistical Service, The Ethiopian Statistics Service published the Employment and Migration Statistics Survey, part of the National Integrated Household Survey, providing data to support government employment and migration policies.
According to Ethiopian Securities Exchange, The Ethiopian Securities Exchange reports that cumulative transaction volumes on Ethiopia’s Interbank Money Market have exceeded three trillion birr since its launch, indicating growing liquidity‑management activity among financial institutions.