The Fund for Export Development in Africa (FEDA), the equity investment arm of the African Export-Import Bank (Afreximbank), has appointed Emmanuel Assiak as chief executive officer, effective December 15, 2025, as it seeks to scale investment into export-oriented sectors across the continent. The appointment comes as the institution strengthens its focus on mobilising long-term capital […]

The Ethiopian Customs Commission has shifted export permit processing to a manual system after technical problems disrupted the country’s Electronic Single Window (ESW) platform, a key digital system used to handle trade-related approvals. The commission said customs offices nationwide have been instructed to issue export permits manually until the platform is restored, in a move […]

The Ethiopian Customs Commission has shifted export permit processing to a manual system after technical problems disrupted the country’s Electronic Single Window (ESW) platform, a key digital system used to handle trade-related approvals. The commission said customs offices nationwide have been instructed to issue export permits manually until the platform is restored, in a move […]

For generations, coffee has been Ethiopia’s most recognisable export: harvested by smallholders, traded through familiar markets, measured in sacks, tonnes and foreign exchange. It is visible wealth, carried in every cup poured abroad. Carbon is different. It cannot be touched, stored in warehouses or loaded onto a ship. It is counted in tonnes of carbon […]

The National Bank of Ethiopia today announced the complete removal of the restriction previously imposed on private banks in the country from issuing export trade permits for products shipped to the People’s Republic of China. The decision aims to further facilitate Ethiopia’s export trade sector, enhance competitiveness, and create more convenient and accessible banking services […]

For generations, coffee has been Ethiopia’s most recognisable export: harvested by smallholders, traded through familiar markets, measured in sacks, tonnes and foreign exchange. It is visible wealth, carried in every cup poured abroad. Carbon is different. It cannot be touched, stored in warehouses or loaded onto a ship. It is counted in tonnes of carbon […]

The National Bank of Ethiopia today announced the complete removal of the restriction previously imposed on private banks in the country from issuing export trade permits for products shipped to the People’s Republic of China. The decision aims to further facilitate Ethiopia’s export trade sector, enhance competitiveness, and create more convenient and accessible banking services […]

Ethiopia has lifted a longstanding requirement that all export permits for goods destined for China be processed exclusively through the state-owned Commercial Bank of Ethiopia, opening the business to all licensed commercial banks as the government presses ahead with financial sector liberalisation. In a notice issued on Tuesday, the National Bank of Ethiopia said all […]

The recently established Yirgalem Integrated Agro-Industrial Park commenced export of avocados for the firs time and generated more than $2.5 million from avocado oil products. The park exported to European countries during the first nine months of Ethiopian Calendar stared July 8, 2025, according to the Sidama Regional Industrial Parks Development Corporation. The Chief Executive […]

African Export-Import Bank posted a 25 percent increase in first-quarter profit as the lender expanded its financing activities across Africa and the Caribbean while maintaining strong liquidity and capital levels. Net income for the three months ended March 31 rose to 268.9 million US dollars, compared with 215.4 million US dollars in the same period […]