MoF allocates 73.23 billion birr to one-year T-Bills↗
Ministry of Finance (MoF) plans to issue 73.23 billion birr in one-year Treasury Bills (T-Bills) as part of a total 133.97 billion birr issuance programme scheduled for the second quarter of the 2019 EFY, according to the Ministry’s…
Fx auction records higher demand after September undersubscription↗
Ethiopia’s foreign exchange auction recorded stronger demand in October, with bids exceeding the amount offered by the National Bank of Ethiopia (NBE), reversing the undersubscription recorded in the previous auction in September. The…
The Russian-Ethiopian Agro-Industrial Partnership: Investment, Technology, Food Security↗
Ethiopia is experiencing one of the most remarkable agricultural booms on the continent: the country’s wheat production has more than tripled over the past twenty years and continues to break records. However, a rapidly growing population…
China Southern Launches New Guangzhou–Addis Ababa Route↗
China Southern Airlines has launched a new air route connecting Guangzhou and Addis Ababa, providing a direct air link between Ethiopia and one of China’s major commercial and manufacturing centres. The airline’s inaugural flight, CZ8095,…
Airbus forecasts 150% rise in per capita Air travel in Ethiopia↗
Ethiopia’s per capita air travel is projected to increase by 150 percent over the next two decades, while the country’s origin-and-destination passenger traffic is expected to grow nearly sixfold between 2025 and 2045, according to…
Ethiopia imposes strict investor eligibility rules on Dangote Petroleum Securities Offer↗
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…
IMF warns of inflation and external account risks despite Ethiopia’s strong growth outlook↗
Ethiopia’s strong economic growth outlook could face challenges from persistent inflation and a widening current account deficit, the International Monetary Fund (IMF) has warned in its October 2026 World Economic Outlook report. The IMF…
ERA advances pilot road safety star rating assessment with iRAP↗
The Ethiopian Roads Administration (ERA) is advancing a pilot road safety assessment in partnership with the International Road Assessment Programme (iRAP), marking a key step toward establishing a national road safety initiative known as…
KEFI resumes Tulu Kapi gold project development after fatal incident↗
KEFI Gold and Copper has resumed development activities at its flagship Tulu Kapi Gold Project in Ethiopia following a temporary suspension triggered by a fatal incident in early September 2026. The company said operations were halted…
Djibouti’s ports face rising costs amid Red Sea shipping disruptions↗
Djibouti’s port sector is experiencing increased transshipment activity as geopolitical tensions in the Red Sea continue to disrupt international shipping routes, but rising fuel prices, equipment maintenance expenses and cargo-handling…
SOMALI REGIONAL STATE EDUCATION BUREAU Invitation to Bid – National Competitive Bidding (NCB)↗
1. The Somali Regional State Education Bureau invites sealed bids from qualified and eligible bidders for the procurement of the goods listed below. DESCRIPTION REFERENCE NUMBER BID TYPE Procurement of Developing School Management System…
Eritrea urges UN security council to impose chapter VII sanctions on Ethiopia↗
Eritrea has formally petitioned the United Nations Security Council to forcefully condemn Ethiopia and impose binding deterrent measures under Chapter VII of the UN Charter, describing recent diplomatic and military maneuvers by Addis…
Guterres calls for immediate halt to hostilities, warns against regional escalation↗
UN Secretary-General António Guterres expressed that he is “gravely concerned” by the sudden outbreak of intense military clashes across northern Ethiopia, warning that foreign intervention and fresh fighting threaten to ignite a wider…
Oromia Bank reports 49% profit surge to 3.82 billion Birr amid industry liquidity constraints↗
Oromia Bank posted a 49% surge in pre-tax profit to 3.82 billion Birr for the 2025/2026 fiscal year, weathering severe liquidity pressures that have constrained Ethiopia’s banking sector over the past year. Speaking at the bank’s 17th…
A cabinet must deliver, not merely govern↗
Ethiopia’s newly formed federal government arrives at a moment when public expectations are unusually high. The country has enormous potential: a young population, vast agricultural resources, a growing digital economy, expanding…
FX volatility, capital pressures mount for enterprises following reforms↗
Import-dependent enterprises in Ethiopia are facing mounting working-capital pressures and price uncertainty following sweeping macroeconomic and foreign-exchange reforms aimed at transitioning the country toward a more market-driven…
Major leadership changes announced in Ethiopia’s Sovereign Fund, EIC, and ECMA↗
Prime Minister Abiy Ahmed’s office has announced high-level appointments across key government institutions. The sweeping changes impact Ethiopia’s investment promotion apparatus, capital markets regulation, immigration services, and…
Ethiopia unveils major gold refinery at Bole Lemi↗
Ethiopia has officially launched the National Precious Metals Refinery at the Bole Lemi Special Economic Zone. The landmark facility marks a decisive shift in Ethiopia’s mining strategy, transitioning the nation from relying on raw…
Addis Ababa issues strict new regulations for government office rentals↗
The Addis Ababa City Administration has introduced a comprehensive regulatory framework to overhaul how government institutions lease, manage, and procure office space across the capital. Outlined in Directive No. 192/2026 on Public…
Ethiopia’s trafficking convictions fall 44% despite expanded victim screening↗
Ethiopia retained its Tier 2 status in the U.S. State Department’s 2026 Trafficking in Persons Report, even as criminal enforcement metrics deteriorated sharply over the past year. While the government expanded victim identification and…
Ethiopia officially receives FIATA talking stick to host the 101st world congress in Addis Ababa↗
Ethiopia has officially received the FIATA Talking Stick from Italy, marking the formal transfer of hosting responsibilities for the 101st FIATA World Congress, scheduled to take place in Addis Ababa in 2027. The symbolic transition took…
PM Abiy forms new cabinet with 39% women’s representation↗
Ethiopian Prime Minister Abiy Ahmed has formed a new cabinet in which women account for 39% of the members, following his reappointment as prime minister earlier this week. The House of Peoples’ Representatives approved the new cabinet…
New Genetics Platform Targets Africa’s Livestock Potential↗
A new digital livestock genetics service has been launched in Ethiopia to help African countries make better breeding decisions and improve the productivity, resilience and sustainability of their livestock sectors. The African Genetic…
Ethiopia’s commerce goes contactless with new Visa and ETTA infrastructure agreement↗
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…
Ministry of Planning and Development to Become ‘Ministry of National Strategy↗
The House of People’s Representatives (HoPR) of the Federal Democratic Republic of Ethiopia (FDRE) convened its first extraordinary session to deliberate on a draft proclamation determining the nomenclature, organization, powers, and…
NBE pumps extra $340M into banking system, lifting Q2 FX auctions by 68%↗
The National Bank of Ethiopia (NBE) has announced a substantial expansion of its foreign exchange auction schedule for the second quarter of the 2026/27 fiscal year, allocating $840 million to be distributed across six bi-weekly rounds…
PM Abiy confirms constitutional overhaul↗
Prime Minister Abiy Ahmed has officially confirmed that Ethiopia will undertake radical constitutional amendments based on the outcomes and recommendations of the recently concluded national dialogue. Addressing members of the House of…
Ethiopia moves to close the AfCFTA information gap with new trader guide and digital portal↗
Ethiopian businesses will soon have a clear, practical roadmap for trading goods across the African Continental Free Trade Area (AfCFTA). Government, private sector and development partners have validated a new Step-by-Step Guide for…
Hospitals overwhelmed as violence surges across Northern Ethiopia↗
The humanitarian landscape in northern Ethiopia has suffered a severe setback following the abrupt collapse of the fragile peace agreement established in 2022, international human rights monitors have reported. A renewed wave of…
NCBA target Ethiopia as next major regional expansion markt↗
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…