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Ethiopia, IFC Agree to Establish Birr 100 Billion Mortgage Refinance Company

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Published on 03 September 2026
Category: Banking and Finance

Ethiopia IFC

Ethiopia has signed a cooperation framework with the International Finance Corporation (IFC) to establish a mortgage refinance company aimed at expanding access to housing finance and addressing liquidity constraints in the banking sector.

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Brazil Opens First ApexBrasil Africa Office in Addis Ababa

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Published on 03 September 2026
Category: Latest Business Alerts

Brazil Ethiopia

Brazil has opened a permanent office of its Trade and Investment Promotion Agency, ApexBrasil, in Addis Ababa as the two countries seek to deepen trade, investment and business ties.

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Ehiopia: ECX Trades Birr 48.8 Billion in Commodities, Beating Annual Target by 68 Percent

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Published on 03 September 2026
Category: Capital Market and Commodity Exchange

ECX Pic

Ethiopia Commodity Exchange (ECX) traded commodities worth Birr 48.83 billion during the 2025/26 fiscal year, significantly exceeding its annual target, according to the Ministry of Trade and Regional Integration.

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African Union to Launch Continental Credit Rating Agency in October

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Published on 01 September 2026
Category: Banking and Finance

investment license coins

The African Union is set to launch a new continent wide credit rating agency in October as part of efforts to address high borrowing costs faced by African governments and strengthen the continent’s role in reforming the global financial system.

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Ethiopia’s Pharmaceutical Supply Agency Earns Continental Recognition for Supply Chain Reforms

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Published on 01 September 2026
Category: Latest Business Alerts

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The Ethiopian Pharmaceutical Supply Service has won the Gold Award at the fifth Africa Supply Chain Excellence Awards, held in Pretoria, South Africa, recognising reforms in pharmaceutical procurement and supply chain management.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 01 September 2026

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Published on 01 September 2026
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 01 September 2026.

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Ethiopia: Addis Chamber, Chinese Export Promotion Bureau Sign Trade Cooperation Agreement

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Published on 26 August 2026
Category: Latest Business Alerts

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The Addis Ababa Chamber of Commerce and Sectoral Associations and China’s International Export Promotion Bureau have signed a memorandum of understanding aimed at strengthening trade and investment cooperation between Ethiopia and China.

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Ethiopia: Federal Attorney General Recovers Birr 2.29 Billion Through Asset Recovery Measures

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Published on 26 August 2026
Category: Latest Business Alerts

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The Federal Attorney General has announced that the government recovered or secured more than Birr 2.29 billion during the 2025/26 fiscal year through court decisions, settlements, negotiations and other asset recovery measures targeting illegally acquired wealth.

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

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Published on 24 August 2026
Category: Banking and Finance

investment license coins

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 of Finance announced.

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

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Published on 24 August 2026
Category: Banking and Finance

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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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