Friday, April 3, 2026

Staff Reporter

Gov’t raises fuel prices by 16.6% as subsidy burden reaches 272 billion birr

Ethiopia has implemented a fresh round of fuel price increases, citing mounting fiscal pressure from global oil market disruptions and a rapidly growing subsidy...

Ethiopia, China ink deal for RMB trade settlements

To strengthen Ethiopia's financial resilience and further enhance economic ties with China—the country's leading trade partner—the National Bank of Ethiopia (NBE) has unveiled a...

​NEBE Warns of Election Cancellations Over Voter Registration Coercion

The National Election Board of Ethiopia (NEBE) has issued a strong warning regarding legal violations observed during the 7th general election voter registration process,...

Bank of China, AfDB review financing framework for Bishoftu Airport

The Ethiopian Airlines Group and the Ministry of Finance have held high-level talks with the Bank of China over financing for the planned Bishoftu...

Container Shortage Reported Due to Maritime Transport Disruptions

The Ethiopian Maritime Authority (EMA) has announced a shortage in the supply of empty containers for Ethiopia’s export products, citing disruptions in maritime transport...

Ethiopia’s MPC Holds Off on Lifting Credit Cap, Citing Global Uncertainty

The Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) concluded its latest meeting on Tuesday without issuing a concrete decision on...

Over 180,000 Metric Tons of Fuel Failed to Arrive Due to Conflict

Minister of Trade and Regional Integration (MoTRI) , Kassahun Gofe announced that over 180,000 metric tons of fuel, which Ethiopia intended to import, has...

Ethiopia,China Reach Final Stage of Strategic Debt Restructuring Negotiations in Beijing

A high-level Ethiopian delegation, led by Finance Minister Ahmed Shide, has commenced strategic discussions in Beijing aimed at finalizing a debt restructuring agreement with...

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