The African Union Commission has appointed former Nigerian President Olusegun Obasanjo to support its peace and stability efforts in the Horn of Africa, adding one of the continent’s most experienced statesmen to ongoing diplomatic initiatives in a region marked by recurring conflict. The appointment was announced by African Union Commission Chairperson Mahmoud Ali Youssouf, who […]

Telegram-linked Crypto Wallet has added Amharic language support, a localisation move aimed at Ethiopian users even as authorities maintain restrictions on cryptocurrency trading and birr-linked peer-to-peer transactions. The Wallet service accessible through Telegram has added Amharic language support, marking a localisation push directed at Ethiopia’s growing base of digital finance users and informal cryptocurrency communities. […]

Ethiopian Investment Holdings has signed a commodity and export partnership agreement with Russia’s Prodintorg, adding another layer to its growing engagement with Russian firms as Ethiopia seeks new channels for strategic imports and export markets. The memorandum of understanding was signed during the Kazan Forum 2026 by Brook Taye and representatives of Prodintorg, a state-owned […]

CBE Capital has become the first investment bank in Ethiopia to transact more than 1 billion birr in Treasury Bills, marking an early milestone in the country’s efforts to deepen its domestic debt and capital markets. The development comes weeks after the firm secured authorisation to trade Treasury Bills from the National Bank of Ethiopia, […]

The Ethiopian Commodity Exchange (ECX) has graduated 168 trainees in coffee cupping, quality grading and agricultural export facilitation, as the country seeks to strengthen the quality and competitiveness of its export commodities in global markets. The graduates completed a three-month programme run by the ECX Academy, with the ceremony attended by Kassahun Gofe, Ethiopia’s minister […]

Ethiopia and Italy have signed a five million euros grant agreement to finance a river restoration and urban redevelopment project in Addis Ababa, as the Horn of Africa nation expands efforts to improve climate resilience and modernise urban infrastructure. The agreement, signed on Wednesday, will fund the Kebena Tributaries Riverside Development Project in the Yeka […]

Ethiopian Airlines said it plans to take delivery of more than 100 new aircraft from Boeing and Airbus by 2032, as Africa’s largest carrier accelerates a fleet expansion drive aimed at strengthening its position in global aviation markets. The announcement was made by chief executive Mesfin Tasew during celebrations marking the airline’s 80th anniversary at […]

Ethiopia generated 8.71 billion US dollars in export revenue during the first ten months of the fiscal year, according to official figures released by the Ministry of Trade and Regional Integration. The amount represents a substantial increase compared to the same period in the previous fiscal year and exceeds the government’s 7.25 billion US dollar […]