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Ethiopia Moves Closer to Eurobond Debt Restructuri…

Aug 24, 2026 | 2M Editor | Banking and Finance

Ethiopia Moves Closer to Eurobond Debt Restructuring After Official Creditors Approve Preliminary Deal

Ethiopia has moved closer to completing the restructuring of its USD 1 billion Eurobond after official creditors approved a preliminary agreement reached between the government and private bondholders, the Ministry...

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National Bank Establishes Central Shari’ah Advisor…

Aug 24, 2026 | 2M Editor | Banking and Finance

National Bank Establishes Central Shari’ah Advisory Board to Strengthen Ethiopia’s Interest Free Banking Sector

The National Bank of Ethiopia (NBE) has announced plans to establish a central Shari’ah Advisory Board to strengthen governance and oversight of the country’s growing interest free banking sector.

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Chinese Firms Dominate Shortlist for Ethiopia’s US…

Aug 24, 2026 | 2M Editor | Transport and Logistics

Chinese Firms Dominate Shortlist for Ethiopia’s USD 12.5 Billion Airport Project

Chinese construction companies have emerged as leading contenders in the shortlist for the construction of Ethiopian Airlines’ planned new airport, as the airline moves closer to awarding major construction contracts...

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China’s Zijin Gold Acquires Stake in Allied Gold, …

Aug 20, 2026 | 2M Editor | Energy and Mining

China’s Zijin Gold Acquires Stake in Allied Gold, Gaining Exposure to Ethiopia’s Kurmuk Project

China’s Zijin Gold International has acquired approximately 9.2 percent of Canadian mining company Allied Gold Corporation, giving the company indirect exposure to major gold assets including the Kurmuk project in...

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Ethiopian, Chinese Exporters Sign Trade Deals Wort…

Aug 20, 2026 | 2M Editor | Import and Export

Ethiopian, Chinese Exporters Sign Trade Deals Worth Over USD 340 Million

Ethiopian and Chinese businesses have signed 33 trade agreements worth more than USD 340 million as part of efforts to expand bilateral trade and increase Ethiopia's exports to the Chinese...

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