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…
2 hrs ago · ATN Newsroom · Source: Fana Media Corporation (FMC)
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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.…
PoliticsEthiopia
VERIFIEDATN REPORTThe Reporter Ethiopia — Business
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…
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…
PoliticsEthiopia
VERIFIEDATN REPORTThe Reporter Ethiopia — Business
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…
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…
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…
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…
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).…
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…
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…
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,…
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…
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…
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…
ATN ANALYSISThe reported earnings increase suggests that income growth outpaced operating costs despite liquidity constraints affecting Ethiopia's banking industry. Investors and depositors should distinguish earnings growth from…
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…
ATN ANALYSISA higher forecast can improve the investment narrative, but region-wide output growth is not proof of rising purchasing power in Ethiopia. Foreign-exchange availability, import costs, access to reliable electricity and…
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…
ATN ANALYSISDomestic refining could retain more of the value added from precious metals and strengthen traceability, but announced processing capacity does not establish actual throughput or export gains. The economic outcome…
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…
ATN ANALYSISThe competing UN submissions raise the risk of further cross-border military escalation while complicating prospects for negotiated de-escalation. The dispute affects civilian security in Tigray and creates uncertainty…
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…
ATN ANALYSISThe movement in Adigrat is a verifiable change in the city's visible military presence, but it is not proof that the wider Ethiopia–Eritrea confrontation has stabilized. Residents told AP that banking, food supplies and…
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.
ATN ANALYSISThe framework could make infrastructure and industrial projects more financeable by addressing specified risks arising from government action or public-enterprise default. Those guarantees may also create contingent…
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.
ATN ANALYSISCarbon-offset purchases are a measurable operating expense for Ethiopian Airlines. The airline faces uncertainty from overlapping national carbon charges and limited access to sustainable aviation fuel, which may…
BusinessEthiopia
VERIFIEDATN REPORTThe Reporter Ethiopia — Business
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…
TechnologyEthiopia
VERIFIEDATN REPORTThe Reporter Ethiopia — Business
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…
