Oct 19, 2026 | 2M Editor | Transport and Logistics
Airbus expects Ethiopia’s air passenger traffic to increase sixfold over the next 20 years, supported by Ethiopian Airlines’ expanding network, rising travel demand and investments in airport infrastructure.
Read moreOct 19, 2026 | 2M Editor | Capital Market and Commodity Exchange
United Capital Financial Services Ethiopia (UCFS Ethiopia) has been appointed as a joint issuing house, official stockbroker and lead distributor for the initial public offering (IPO) of Nigeria’s Dangote Petroleum...
Read moreOct 16, 2026 | 2M Editor | Transport and Logistics
An international arbitration tribunal has ordered the Ethiopian Railway Corporation (ERC) to pay Turkish contractor Yapı Merkezi USD 213.7 million in a dispute over the stalled Awash-Kombolcha-Woldiya-Hara Gebeya railway project,...
Read moreOct 16, 2026 | 2M Editor | Banking and Finance
The National Bank of Ethiopia (NBE) has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a significant milestone in the country’s efforts to modernize its financial sector and...
Read moreOct 14, 2026 | 2M Editor | Banking and Finance
Ethiopia’s House of People’s Representatives (HPR) has unanimously approved a concessional loan agreement worth USD 145.8 million with the International Development Association (IDA) to finance the first phase of the...
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