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Electric

SINOTRUK Electric Dump Trucks Prepared for Shipment to Ethiopia

Chinese heavy truck manufacturer Sinotruk is preparing SINO EV electric dump trucks for shipment to Ethiopia, according to port-side images. The trucks are battery-electric …

Mar 04, 2026

LNG/CNG

Dangote Orders 1000 CNG Trucks from FOTON - Chinese Automaker

Aliko Dangote ordered 1,000 CNG trucks for logistics operations. Order placed by Dangote Group with a Chinese vehicle manufacturer. Trucks powered by compressed natural …

Mar 04, 2026

News - Transport

Ethio-Djibouti Railway Expands Domestic Project Delivery Capacity

Ethio-Djibouti Railway Corporation reaffirmed commitment to expand railway infrastructure using domestic expertise. CEO Takele Uma made remarks during Adwa anniversary site visit. Leadership and …

Mar 04, 2026

Analysis

Ethiopia’s Trade Squeeze If Hormuz Shuts: Fuel, Freight and Foreign Exchange

A credible threat to close the Strait of Hormuz has moved from long-running risk to near-term market shock. Iran publicly declared the strait closed …

Mar 03, 2026

Construction & Mining

Survey Identifies 81 Million Tonne Coal Deposit in Southern Ethiopia

Geological survey identified 81 million tonnes of coal in Southern Ethiopia. Survey conducted by Ethiopian Geological Survey. Deposit located in Southern Ethiopia Regional State. …

Mar 03, 2026

News - Transport

Petroleum Authority Revises Fuel Market Share Allocation Framework

Ethiopian Petroleum and Energy Authority implemented a revised fuel market share framework. Framework reallocates fuel volumes based on verified sales performance. Companies required to …

Mar 03, 2026

Regulations - Financial

NBE Reform to Shift FX Surrender Trend and Launch Interdealer Market

National Bank of Ethiopia to launch interdealer FX trading platform in 2026. Current export FX surrender requirement stands at 70%. Exporters retain 30% under …

Mar 02, 2026

Import/Export

Ethiopia Earns $288 Million from Horticulture Exports

Ethiopia generated $288 million from horticulture exports. Export revenue covers flowers, fruits, and vegetables. Earnings recorded during the current fiscal reporting period. Sector contributes …

Feb 28, 2026

News - Financial

Overnight Money Market Trading Reaches Record Level

Overnight interbank trading volume reached Birr 126. 3 billion in February 2026. Volume increased from Birr 38. 5 billion in January 2026. Month-on-month growth …

Feb 28, 2026

Regulations - Financial

NBE Prohibits Birr-Paired P2P Trading on Digital Platforms

National Bank of Ethiopia issued public notice on 27 February 2026. Birr-paired peer-to-peer transactions via trading platforms are not permitted. Prohibition applies unless explicitly …

Feb 28, 2026

Regulations - Financial

Ministry of Revenue Orders Advance Q1 Profit Tax Payment for Category “A” Taxpayers

Ministry of Revenue Adama Office issued notice on advance business profit tax payment. Notice concerns first quarter of 2018 Ethiopian fiscal year. Cites Income …

Feb 28, 2026

News - Financial

NBE Allocates $455.29 Million at 155.17 Birr/USD in Second $500 Million Special FX Auction

National Bank of Ethiopia allocated $455. 29 million in second $500 million special FX auction. Weighted average selling rate settled at 155. 17 Birr …

Feb 27, 2026

News - Transport

Tigray Fuel Supply Cut Off Since January

Tigray Trade and Export Agency said fuel supply to Tigray has been completely cut off since January. The agency reported no fuel deliveries have …

Feb 27, 2026

News - Financial

M-Pesa Ethiopia and Gebeya Launch “Dala AI Bundle”

M-Pesa Ethiopia and Gebeya Inc launched the “Dala AI Bundle” in Ethiopia. The bundle integrates AI-powered digital services with M-Pesa’s mobile money platform. Dala …

Feb 27, 2026

Import/Export

Ethiopian Airlines Signs Import Document to Convert Food Waste into Sustainable Products

Ethiopian Airlines signed import document for food waste conversion project. Project aims to process organic waste into sustainable products. Initiative targets waste from airline …

Feb 25, 2026

News - Financial

DBE, AfDB Explore New External Financing to Boost Ethiopia’s Agro-Industry and Jobs

Development Bank of Ethiopia and African Development Bank discuss new external financing for agro-industry and job creation. Talks focus on mobilizing concessional and blended …

Feb 25, 2026

News - Transport

Kalub LNG Project to Launch 111 Million Liter Annual Supply Through Three New Stations

Oil and Energy Authority to supply Kalub LNG through three distribution stations in Somali Region and major cities. First phase capacity: 111 million liters …

Feb 22, 2026

Regulations - Financial

Ethiopia Maintains 150% Export Tax on Raw Hides as Legal Reform Advances

Ministry of Finance maintains 150% export tax on raw hides and skins. Semi-processed hides face 10% export tax; finished leather exports taxed at 0%. …

Feb 22, 2026

Electric

Ethiopia EV Sales Surge as Internal Combustion Import Ban Drives Market Shift

EVs exceeded 60 % of new car sales in Ethiopia in 2024, ranking among top global shares. Ethiopia now has ~115,000 electric vehicles on …

Feb 20, 2026

News - Transport

Ethiopia Weighs Shift of Fuel Storage to Djibouti’s Damerjog Port Amid Rising Demand

Ethiopia weighing relocation of part of fuel storage operations to Djibouti’s Damerjog Liquid Bulk Port. Evaluation includes storage capacity and tanker handling infrastructure discussions …

Feb 20, 2026

Construction & Mining

MIDROC Launches 1 Billion ETB Coal Plant to Cut Ethiopia’s $300M Import Bill

MIDROC Investment Group opened a 1 billion ETB coal processing facility in western Ethiopia. Facility processes 200 tonnes of coal per hour. Plant created …

Feb 20, 2026

News - Financial

IFC Commits $10 Million Risk Facility to Expand Dashen Bank SME Lending in Ethiopia

IFC will provide a $10 million unfunded risk-sharing facility to Dashen Bank for SME loans. Dashen Bank can extend up to $20 million in …

Feb 17, 2026

News - Financial

NBE FX Auction Clears at 155.12 ETB per Dollar as Bids Reach USD 145.31 Million

NBE FX Auction No. 18 cleared at 155. 12 ETB per USD on latest auction date. National Bank of Ethiopia offered USD 70 million …

Feb 17, 2026

News - Transport

DESU Corridor Authority Assembly Held in Djibouti as Member States Sign Cooperation Agreement

The assembly of the DESU Corridor Authority, which includes Djibouti, Ethiopia, South Sudan, and Uganda, took place in Djibouti. T

Feb 17, 2026

Electric

NBE to Hold USD 70 Million FX Auction on February 17 Under Bi-Weekly Reform Program

National Bank of Ethiopia to conduct USD 70 million FX auction on February 17. Bids accepted from commercial banks between 10:00 AM and 12:00 …

Feb 17, 2026

News - Financial

Ethiopia Secures Expanded Financing Talks with AfDB, IFAD and BADEA for Infrastructure and Climate Projects

Finance Minister Ahmed Shide met AfDB, IFAD, and BADEA leaders during the African Union Summit in Addis Ababa. BADEA discussions covered financing for Bishoftu …

Feb 16, 2026

Construction & Mining

35 International Firms Express Interest in Ethiopia’s USD 9 Billion Bishoftu Mega-Airport Project

Ethiopian Airlines confirmed 35 international firms expressed interest in constructing the Bishoftu mega-airport. Detailed design completion targeted by end of February 2026. Formal tenders …

Feb 16, 2026

News - Financial

Major Ethiopian Banks Receive Approval in Principle to List on ESX Main Market

ESX granted Approval in Principle to several major banks for Main Market listing. Banks include Awash, Dashen, Bank of Abyssinia, Abay, Anbesa, and Amhara. …

Feb 15, 2026

News - Financial

International Institution Applies for Investment License as Ethiopia’s Capital Market Reaches 16 Licensed Firms

ECMA requires more than 16 supporting documents for capital market licensing applications. Sixteen institutions have been licensed across investment banking, advisory, and brokerage services. …

Feb 15, 2026

Import/Export

Ethiopia Earns USD 62 Million from Meat Exports in H1, Misses Volume Target Amid Structural Constraints

Ethiopia generated USD 62 million from meat exports in the first six months of the fiscal year. Exporters shipped about 11,000 tons, below the …

Feb 15, 2026

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SINOTRUK Electric Dump Trucks Prepared for Shipment to Ethiopia

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