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Regulations - Financial

NBE Issues a New FXD/04/2026 Amending Foreign Exchange Directive

Here are the key changes:NBE allows banks to apply forward exchange rates alongside spot rates for FX transactionsService exporters may retain 100% of export …

Feb 11, 2026

News - Transport

Ethiopian Airlines Reports USD 4.4 Billion Half-Year Revenue

Ethiopian Airlines Group generated USD 4. 4 billion in revenue in the first half of its current fiscal year. Half-year revenue increased 14% versus …

Feb 10, 2026

News - Financial

FX Volatility Hits Some Banks as Sector Still Records ETB 91 Billion Profit

Ethiopia’s banking sector posted a combined profit of 91. 06 billion birr in the first half of the fiscal year. Profits followed currency liberalisation …

Feb 10, 2026

News - Financial

NBE to open four new regional branches

National Bank of Ethiopia will open four new regional branches. Branches planned in Bahir Dar, Hawassa, Jimma, and Dire Dawa. Project aims to strengthen …

Feb 10, 2026

News - Transport

FIATA Says Multimodal Transport Central to Global Logistics as Ethiopia Prepares to Host 2027 World Congress

FIATA says future global trade depends on integrated multimodal logistics systems. Multimodal logistics integrates sea, rail, road and air transport. FIATA promoting UN Model …

Feb 09, 2026

News - Financial

IMF Extends CBE FX Exposure Compliance Deadline to March 2026

IMF extends deadline for Commercial Bank of Ethiopia (CBE) to cut net open position (NOP) to March 2026 from end-2025. CBE must reduce on-balance …

Feb 09, 2026

Regulations - Financial

NBE Targets Full Removal of Bank Credit Cap by December 2026

National Bank of Ethiopia targets full removal of the bank credit growth cap by December 2026. Credit cap currently limits annual bank lending growth …

Feb 09, 2026

Import/Export

Kerchanshe Group, Brazil’s Embrapa Sign Coffee Technology Cooperation Agreement

Deal focuses on coffee development in Debeka, Abaya Woreda, West Guji Zone, Oromia region. Agreement includes quality systems, workforce capacity-building, and technical support for …

Feb 09, 2026

Regulations - Financial

NBE Clarifies Use of Customs Indicative Prices for Import Valuation in FX Processing

The central bank stated that the indicative prices are reference benchmarks only, intended to support consistency and transparency in import valuation, and are not …

Feb 07, 2026

Import/Export

22nd African Fine Coffees Expo Concludes in Addis Ababa with Strong Regional and Global Participation

The 22nd African Fine Coffees Expo concluded today at the Addis Ababa International Convention Center, after running from 4 February. The expo brought together …

Feb 06, 2026

Regulations - Financial

Ethiopia Customs Orders Importer–Broker Representation to Be Registered Through Authorized Agency

The Ethiopia Customs Commission has issued a formal directive regulating representation between importers and customs brokers during customs clearance. The Commission stated that many …

Feb 05, 2026

Import/Export

Ethiopia–Qatar Meat Export Trade Set to Resume Following Suspension

Ethiopia and Qatar finalized talks to restart meat exports after a prolonged suspension. Restart of meat exports is scheduled ahead of the holy period …

Feb 05, 2026

News - Financial

IMF Flags Planned New Taxes on Alcohol, Tobacco, Fuel, and Vehicles in Ethiopia

Ethiopian government plans new excise taxes on alcohol, tobacco, fuel, and vehicles under IMF-linked fiscal reforms. Broad fuel subsidies are to be phased out …

Feb 04, 2026

News - Transport

Ethiopia’s State Fuel Importer Registers 208 Billion Birr Loss Amid FX Reforms

Ethiopian Petroleum Supply Enterprise faces 208 billion ETB losses linked to foreign exchange reforms. Government officially classifies fuel subsidies as direct budget spending and …

Feb 04, 2026

Electric

Nigeria, South Korea Sign Deal to Establish Africa’s First Electric Vehicle Factory

Nigeria signed MoU with South Korea’s AEDC to establish EV manufacturing plant on Jan 30 2026. Deal signed by Nigeria’s Minister of State for …

Feb 04, 2026

LNG/CNG

Nigeria Nears Completion of Innoson CNG and EV Vehicle Manufacturing Plant

Innoson Vehicle Manufacturing’s compressed natural gas (CNG) and electric vehicle factory near completion. Factory expected to rank among world’s largest CNG vehicle facilities by …

Feb 04, 2026

News - Financial

NBE to Allow Unlimited Deposits of Legally Earned Foreign Currency

National Bank of Ethiopia plans to allow unlimited deposits of legally earned foreign currency in commercial banks. Policy targets individuals and entities earning foreign …

Feb 03, 2026

News - Financial

Ethiopia’s National Bank FX Auction No. 17 Clears at 155.05 Birr per USD

National Bank of Ethiopia’s 17th FX auction cleared at 155. 05 birr per USD. NBE allotted USD 70 million to banks from total bids …

Feb 03, 2026

News - Transport

Ethiopia to Phase Out Fuel Subsidies by February 2026

Government to phase out fuel subsidies for petrol and diesel by February 2026. Policy aims to raise retail petrol and diesel prices to cost-recovery …

Feb 03, 2026

News - Transport

Ethiopia Conducts First Diesel Fuel Transport Trial via Ethio-Djibouti Railway

Ethiopia piloted rail transport of 120,000 litres diesel via Ethio-Djibouti Railway. Pilot uses specialised wagons at Indode Railway Depot, Addis Ababa outskirts. Initiative directed …

Feb 03, 2026

Import/Export

Ethiopia Earns USD 5.1 Billion From Merchandise Exports in First Half of Fiscal Year

Ethiopia recorded $5. 1 billion in merchandise export revenue in H1 of FY 2025/26, achieving 120% of target. Service exports earned $4. 5 billion …

Feb 03, 2026

Import/Export

GIZ, Ministry of Agriculture Launch 2026 Sourcing Mission to Support Ethiopian Horticulture and Oilseed Exports

GIZ and Ethiopia’s Ministry of Agriculture launched a 2026 sourcing mission for horticulture and oilseed value chains. Program targets export-ready, growth-oriented SMEs in fruits, …

Feb 03, 2026

News - Financial

IMF Fourth Review: What It Means for Ethiopia’s Trade, Imports, and Manufacturing

The IMF Fourth Review confirms that Ethiopia’s FX and trade reforms are materially changing how the economy engages with global markets. The shift to …

Feb 03, 2026

News - Financial

Ethiopia’s Central Bank Offers $70 Million in Fresh FX Auction

National Bank of Ethiopia announced a $70 million foreign exchange auction on Tuesday, February 3. Auction follows an oversubscribed previous FX sale. Commercial banks …

Feb 02, 2026

News - Financial

NBE Moves to Curb Parallel Forex Market Spike

The National Bank of Ethiopia (NBE) enacted targeted measures in response to a recent surge in the parallel foreign exchange market, which saw the …

Feb 01, 2026

News - Financial

EIC Certifies Investment Consultants; Tightens Advisory Standards

The Ethiopian Investment Commission (EIC) has launched a certification system for investment consultants to standardize advisory services and strengthen investor confidence. The initiative was …

Feb 01, 2026

News - Financial

ECMA Registers 12.211M Shares of Addis Intl Convention Center

The Ethiopian Capital Market Authority (ECMA) has registered 12,211,586 existing shares of Addis International Convention Center S. C., ensuring compliance with the Public Offer …

Jan 31, 2026

Construction & Mining

NBE to Exit Ethiopia’s Gold Market by End-2026

The National Bank of Ethiopia (NBE) plans to exit the gold purchasing and export market by December 2026, ending its monopoly and opening the …

Jan 31, 2026

News - Financial

Bank of Abyssinia Shareholders Can Buy Additional Shares; Required Documents Listed

Share purchase: Existing shareholders can buy additional shares through approved brokers. Required docs: Must submit ID, TIN, email, and authorization evidence. Right offer structure: …

Jan 30, 2026

Import/Export

Ethiopia to Host 15th International Trade Fair in Addis Ababa

Event dates: 4–8 February 2026 at Meskel Square. Participants: ~50 major companies from 20 countries expected. Local engagement: 300+ local companies will participate. Purpose: …

Jan 30, 2026

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NBE Issues a New FXD/04/2026 Amending Foreign Exchange Directive

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