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Ethiopia will host an international conference on cybersecurity and artificial intelligence next week aimed at strengthening Africa’s cyber resilience and supporting secure AI adoption amid rapid digital expansion. The two-day conference is scheduled for June 24-25 and is organized by the Ethiopian Cybersecurity Association and the United Nations Economic Commission for Africa. Berhane Beyene, president […]

Africa Finance Corporation (AFC) has received renewed AAA credit ratings from China Chengxin International Credit Rating Co. Ltd (CCXI) and S&P Global (China) Ratings, maintaining a stable outlook from both agencies. CCXI affirmed AFC’s AAA domestic issuer credit rating, while S&P Global (China) Ratings reaffirmed the corporation’s AAAspc issuer credit rating. The assessments reflect continued […]

Commercial banks submitted bids worth 236.3 million US dollars in the National Bank of Ethiopia’s latest foreign exchange auction, more than twice the 100 million US dollars offered by the central bank, reflecting continued demand for hard currency in the banking sector. The auction, conducted on Tuesday, attracted 16 participating banks, although only eight secured […]

The Ministry of Agriculture has signed a 10.15 million US dollars contract to establish a fully automated poultry hatchery, aiming to expand domestic poultry production and improve the supply of quality chicks to farmers as part of broader efforts to modernise the country’s livestock sector. The agreement was signed between Ethiopia’s Ministry of Agriculture and […]

Ethiopia’s largest lender, the Commercial Bank of Ethiopia (CBE), and state-owned Ethiopian Insurance Corporation (EIC) have signed a cooperation agreement aimed at expanding insurance coverage, supporting agricultural lending and integrating banking and insurance services. The agreement, signed at CBE’s headquarters in Addis Ababa, seeks to strengthen collaboration between two of Ethiopia’s largest financial institutions as […]

Ethiopia’s exports to China surged 251 percent in 2025 to 369.4 million US dollars, helping lift the country’s average annual export growth to the Chinese market to more than 67 percent over the past five years, the Ministry of Trade and Regional Integration said. The ministry said Ethiopia generated a total of 804.2 million US […]