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Ethiopia attracted USD 1.432 billion in foreign direct investment (FDI) during the first quarter of the 2026/27 fiscal year, representing a 49 percent increase compared to the same period last year, according to the Ethiopian Investment Commission (EIC).

Ethiopian Electric Power (EEP) is accelerating 18 electricity infrastructure projects to improve grid reliability and prepare the capital for the COP32 climate summit, scheduled for November 2027.

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.

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 Refinery, creating a new cross border investment opportunity for qualified Ethiopian investors.

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, according to information obtained by Capital.

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 strengthen economic integration with African markets.

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 Power Sector Reform, Investment, and Modernization Project.

Oromia Bank reported a 49% increase in pre-tax profit to Birr 3.82 billion for the 2025/2026 fiscal year, despite liquidity constraints and broader economic challenges affecting Ethiopia’s banking sector.

Ethiopian merchants will be able to access working capital loans based on their digital transaction history under a new payment and financing initiative launched by Visa and ETTA Solutions.

Investor participation in Ethiopia’s emerging capital market is steadily increasing, with more citizens opening investment accounts and trading securities, according to Hana Tehelku, Director General of the Ethiopian Capital Market Authority (ECMA).