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Ethiopian Shipping and Logistics Moves Ahead with …

Jul 6, 2026 | 2M Editor | Transport and Logistics

Ethiopian Shipping and Logistics Moves Ahead with Major Fleet Expansion Plan

Ethiopian Shipping and Logistics (ESL) is advancing its fleet expansion program, with a high level technical delegation traveling to China to assess vessel supply options and hold preliminary talks with...

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Ethiopia’s Export Earnings Hit Record USD 10.7 Bil…

Jul 6, 2026 | 2M Editor | Import and Export

Ethiopia’s Export Earnings Hit Record USD 10.7 Billion as Coffee Exports Reach USD 3 Billion

Ethiopia has achieved a historic milestone in its export sector, generating more than USD 10.7 billion in export earnings during the 2025/2026 fiscal year, the highest figure ever recorded in...

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Ugandan Firm Ships First Processed Beef Consignmen…

Jul 3, 2026 | 2M Editor | Import and Export

Ugandan Firm Ships First Processed Beef Consignment to Ethiopia

Ugandan meat processor Ranchers Finest Ltd has shipped its first consignment of processed beef to Ethiopia. 

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IMF Approves USD 464 Million Disbursement for Ethi…

Jul 2, 2026 | 2M Editor | Banking and Finance

IMF Approves USD 464 Million Disbursement for Ethiopia Following Fifth Program Review

The Executive Board of the International Monetary Fund (IMF) has approved a new disbursement of approximately USD 464 million to Ethiopia after completing the fifth review of the country’s (ECF)...

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Commercial Bank of Ethiopia Reports Birr 80 Billio…

Jul 2, 2026 | 2M Editor | Banking and Finance

Commercial Bank of Ethiopia Reports Birr 80 Billion Profit in FY 2025/26

The Commercial Bank of Ethiopia reported a profit of Birr 80 billion during the 2025/26 fiscal year, following strong growth in deposits, lending, and foreign exchange earnings.

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