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Ethiopia Deposit Insurance Fund Considers Raising …

Feb 9, 2026 | 2M Editor | Banking and Finance

Ethiopia Deposit Insurance Fund Considers Raising Payout Limit for Bankrupt Institutions

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it is considering increasing the maximum amount of insurance compensation paid to depositors when a bank or microfinance institution becomes insolvent.

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Kerchanshe Group, Brazil’s Embrapa Sign Deal to Ad…

Feb 9, 2026 | 2M Editor | Latest Business Alerts

Kerchanshe Group, Brazil’s Embrapa Sign Deal to Advance Coffee Technology Cooperation in Ethiopia

Ethiopia’s Kerchanshe Group and Brazil’s Agricultural Research Corporation (Embrapa) have signed a cooperation agreement to deepen collaboration in agricultural technology, with a strong focus on coffee development and modern production...

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Ethiopia: NBE Says Foreign Investors Can Now Fully…

Feb 9, 2026 | 2M Editor | Banking and Finance

Ethiopia: NBE Says Foreign Investors Can Now Fully Repatriate Dividends Under New FX Reforms

The National Bank of Ethiopia (NBE) says foreign investors can now fully repatriate dividends and other eligible payments, removing a long-standing constraint on Foreign Direct Investment (FDI).

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Ethiopia Says Local Manufacturers Supply Over 40 P…

Feb 5, 2026 | 2M Editor | Manufacturing

Ethiopia Says Local Manufacturers Supply Over 40 Percent of Domestic Medicine Demand

The Ministry of Health has reported that more than 40 percent of the medicines supplied for domestic consumption are produced domestically.

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Ethiopian Electric Utility Collects Birr 52.26 Bil…

Feb 5, 2026 | 2M Editor | Energy and Mining

Ethiopian Electric Utility Collects Birr 52.26 Billion in First Half of 2025/26 Fiscal Year

The Ethiopian Electric Utility has reported collecting Birr 52.26 billion from energy sales and miscellaneous income during the first six months of the 2025/26 fiscal year, achieving 96 percent of...

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