Ethiopian news in English · Business
The latest news from Ethiopia, from Tikvah, Addis Standard, The Reporter, BBC and more, summarized in English. Updated every 15 minutes.
- How should you answer questions about salary history in job interviews?
BBC Afaan Oromoo · The practice of employers asking job candidates about their salary history remains a point of contention in recruitment. While the European Union has implemented laws …
- Addis Ababa Revenue Bureau to Penalize Taxpayers Without Accounting Records
Tikvah Ethiopia · The Addis Ababa Revenue Bureau has issued a new directive to penalize taxpayers who fail to maintain and submit proper accounting records. The Bureau emphasized that m…
- Ethiopia Authorizes Sovereign Guarantees to Boost Strategic Investments
The Reporter · The Ethiopian government has introduced a new legal framework, Council of Ministers Regulation No. 590/2026, to authorize sovereign guarantees for strategic investors.…
- Ethiopian Airlines resumes regular flights to MekelleTikvah Ethiopia ·
An Ethiopian Airlines flight carrying technical and support staff landed today at Mekelle's Alula Aba Nega International Airport. The flight marks a key step in prepar…
- PM Abiy Ahmed Inaugurates Precious Metal Refinery in Addis AbabaBBC Tigrinya ·
Prime Minister Abiy Ahmed has officially inaugurated a state-of-the-art precious metal refinery located in the Bole Lemi Industrial Park in Addis Ababa. The facility, …
- National Precious Metals Refinery Officially Begins OperationsTikvah Ethiopia ·
The National Precious Metals Refinery, located in the Bole Lemi Industrial Park, has officially begun operations. Established through a partnership between Ethiopian I…
- PM Abiy Ahmed Inaugurates Precious Minerals Refinery in Addis AbabaBBC Amharic ·
Prime Minister Abiy Ahmed has officially inaugurated a major precious minerals refinery located in the Bole Lemi Industrial Park in Addis Ababa. Built through a partne…
- Ethiopia-Djibouti Petroleum Pipeline Boosts Economic IntegrationThe Reporter ·
The Ethiopia-Djibouti petroleum pipeline project aims to go beyond physical infrastructure to act as a significant economic conduit. By fostering regional market integ…
- Addis Ababa Issues Strict New Regulations for Government Office Rentals
Capital Ethiopia · The Addis Ababa City Administration has unveiled a comprehensive new regulatory framework aimed at reforming the leasing, management, and procurement of office spaces …
- Ethiopian Airlines to resume Addis–Mekelle flights on Sunday
Addis Standard · Ethiopian Airlines has announced the resumption of commercial flight services between Addis Ababa and Mekelle starting this Sunday. This decision follows significant s…
- Ethiopia's Dependency on Djibouti Port and Its Structural Risks
Addis Fortune · Over 95 percent of Ethiopia's maritime trade relies on the Port of Djibouti, creating a single-corridor dependency. Analysts highlight that this vulnerability exposes …
- Adey Ababa 1 Real Estate Project InauguratedCapital Ethiopia ·
Dema Hope Real Estate has officially inaugurated the 'Adey Ababa 1' building project in the Bole area of Addis Ababa. The construction of the 21-story modern building …
- Ethiopia's Forex Market Remains Quiet Amid Economic ReformsAddis Fortune ·
Ethiopia's foreign exchange market remains quiet following the implementation of the July 2024 IMF programme, which introduced a market-determined exchange rate. While…
- Ethiopian Airlines Announces Resumption of Flights to MekelleTikvah Ethiopia ·
Ethiopian Airlines has announced the resumption of its scheduled flight services to the city of Mekelle, effective October 11, 2026 (Tikimt 1, 2019 E.C.). The flight s…
- New Petroleum Pipeline to Link Djibouti and EthiopiaAddis Fortune ·
Ethiopia and Djibouti are set to construct a new 120km petroleum pipeline linking Djibouti's coastal storage facilities to Ethiopia's inland distribution networks. The…
- Ramis Bank Registers Shares with Capital Market AuthorityCapital Ethiopia ·
Ramis Bank has officially registered over 2.1 million shares with the Ethiopian Capital Market Authority (ECMA). The bank has also secured in-principle approval to lis…
- Century Real Estate Appoints Dawit Tsige as Brand AmbassadorCapital Ethiopia ·
Century Real Estate has officially appointed singer Dawit Tsige as its new brand ambassador. The company announced the partnership yesterday. Century Real Estate is a …
- Ethiopia Officially Named Host for the 101st FIATA World CongressCapital Ethiopia ·
Ethiopia has officially received the FIATA Talking Stick from Italy, symbolizing the transfer of hosting duties for the 101st FIATA World Congress. The major global lo…
- New Genetics Platform Launched to Boost Livestock Productivity in AfricaCapital Ethiopia ·
A new digital livestock genetics service has been officially launched in Ethiopia, aimed at enhancing the livestock sector across Africa. The platform is designed to a…
- NBE Clarifies Regulations on Foreign Investment FlowsAddis Fortune ·
Economic policy director Anteneh Geremew has detailed Ethiopia's new approach to investment capital flows. Foreign direct investment (FDI) is now classified as long-te…
- Ethiopian Airlines Cargo Revenue and Boeing Fleet Reliance GrowAddis Fortune ·
Ethiopian Airlines reported a significant performance milestone in the 2025/26 financial year, transporting 897,000 tons of cargo. This cargo segment now contributes a…
- Expert Advises on Foreign Investment and Oversight in EthiopiaAddis Fortune ·
Yisehak Teka, a former National Bank of Ethiopia official, has weighed in on the potential impact of opening the country to foreign investors. He noted that while fore…
- Zemen Bank Announces Plans for the 2019 Fiscal YearCapital Ethiopia ·
Zemen Bank has officially conducted its annual shareholders' meeting to review the past fiscal year. The bank evaluated its performance and successes achieved during t…
- World Bank Projects Africa’s Economic Growth to Rise to 4.3% in 2026The Reporter ·
The World Bank has raised its economic growth forecast for Africa to 4.3% for 2026, driven by stronger regional performances. This follows a 4.1% growth rate recorded …
- MIDROC Investment Group Generates Over $390 Million in Foreign CurrencyCapital Ethiopia ·
MIDROC Investment Group announced it has generated over $390 million in foreign currency from its products during the last fiscal year. Corporate Communications Direct…
- Visa and ETTA partner to digitize Ethiopian commerce with contactless infrastructureCapital Ethiopia ·
ETTA Solutions PLC and Visa have entered a strategic partnership to revolutionize Ethiopia's digital payment landscape. The initiative aims to deploy 148,000 contactle…
- NBE Officials Detail Impact of July 2024 Monetary Policy ReformsAddis Fortune ·
Central Bank research director Habtamu Worku detailed the outcomes of the July 2024 monetary policy reforms, marking a shift to a market-based exchange rate. The refor…
- Yango, Gituji, and Awash Bank make 25 drivers car ownersCapital Ethiopia ·
Yango, Gituji IT Solutions, and Awash Bank have launched a collaborative financial program called "Shufer" to help drivers become car owners. Under this initiative, dr…
- Second Forum for Africa Public-Private Partnership Units Opens in Addis AbabaCapital Ethiopia ·
The Second Forum for Public-Private Partnership (PPP) Units in Africa has officially opened in Addis Ababa, Ethiopia. The continental gathering is being held under the…
- Blending Ethiopian Beans into China’s Coffee CultureCapital Ethiopia ·
Coffee beans originating from the highlands of Ethiopia are traveling thousands of kilometers to Central China’s Henan province. This trade is quietly building a stron…
- Ethiopian Shipping & Logistics Total Equity Reaches 24.1 Billion BirrAddis Fortune ·
Ethiopian Shipping and Logistics has reported a significant financial growth in its recent performance figures. According to the released corporate data, the company's…
- US Dollar Average Exchange Rate Sees Slight Increase as Bank Spreads WidenAddis Fortune ·
The average buying quotation for the US dollar in Ethiopia increased slightly from 161.71 Birr to 161.73 Birr, marking a 0.0098 percent rise. Concurrently, the average…
- African Union Launches Its First Continental Credit Rating AgencyCapital Ethiopia ·
The African Union has officially launched its first continental credit rating agency, marking a significant milestone in the continent's financial independence history…
- Local Contractors Deserve Stake in Ethiopia’s Mega-Projects, Says Civil Engineers AssociationThe Reporter ·
Amanuel Mekonnen, President of the Ethiopian Association of Civil Engineers (EACE), provided a comprehensive assessment of Ethiopia's construction sector in an intervi…
- Ethiopian Airlines Enters $5 Billion Deal with Boeing for Cargo AircraftAddis Fortune ·
Ethiopian Airlines Group has expanded its commitment with aircraft manufacturer Boeing beyond its initial order for eight 777-8F cargo jets. According to details of th…
Summaries are written by AI and link to the original reporting.
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