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Lamu Refinery to Expand Ethiopia’s Fuel Supply Options and Strengthen Regional Trade, PM Abiy Says

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Published on 30 September 2026
Category: Energy and Mining

Lamu PM Abiy

Ethiopia is set to benefit from Kenya’s planned Lamu oil refinery through expanded access to regional refined petroleum supplies and increased opportunities for trade and investment, Prime Minister Abiy Ahmed said during the project’s groundbreaking ceremony.

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Ethiopian Airlines Signs Agreement with Boeing for 10 Cargo Aircraft to Expand Global Freight Operations

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Published on 30 September 2026
Category: Transport and Logistics

Ethiopian Bo 777

Ethiopian Airlines has signed an aircraft purchase agreement with Boeing for 10 Boeing 777 freighter aircraft, marking a major expansion of the airline’s cargo fleet and strengthening its position in the global air freight market.

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Sidama Bank Joins Ethiopian Securities Exchange Main Market

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Published on 28 September 2026
Category: Capital Market and Commodity Exchange

Sidama Listing

Sidama Bank S.C. has officially joined the Ethiopian Securities Exchange (ESX) Main Market, becoming one of the latest institutions to list shares on Ethiopia’s developing securities market.

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Ethiopia: Council of Ministers Advances Key Legislative Decisions on Data, Energy and Taxation

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Published on 28 September 2026
Category: Latest Business Alerts

Council of Ministers Three Regulations

Ethiopia’s Council of Ministers has advanced a series of legislative and regulatory decisions covering data governance, energy-sector financing, income tax administration and value added tax, with several draft laws approved for submission to the House of Peoples’ Representatives.

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Ethiopia, Djibouti Unveil Cross-Border Fuel Pipeline to Strengthen Energy Corridor

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Published on 24 September 2026
Category: Energy and Mining

Djibouti New Pipe

Ethiopia and Djibouti have announced a major cross-border petroleum infrastructure project aimed at strengthening energy security, cutting logistics costs and deepening economic cooperation between the neighboring countries.

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Ethiopia Registers New Directive Governing Collective Investment Schemes

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Published on 24 September 2026
Category: Capital Market and Commodity Exchange

ECMA ECMA Logo

The Collective Investment Schemes Operation Directive No. 1150/2026 has been registered and approved by the FDRE Ministry of Justice as of September 23, 2026, the Ethiopian Capital Market Authority (ECMA) announced.

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Ethiopia: Wegagen Bank Posts Birr 4.3 Billion Pre-Tax Profit as Assets Climb 32%

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Published on 21 September 2026
Category: Banking and Finance

Wegagen PR PR

Wegagen Bank reported a pre-tax profit of Birr 4.3 billion for the 2025/26 fiscal year, supported by growth in income, deposits, lending and digital banking activity.

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Ethiopia: Lottery Regulator Moves to Rebuild Betting Sector After Sweeping Audit

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Published on 21 September 2026
Category: Latest Business Alerts

ELS Logo

The Ethiopia Lottery Service (ELS) is preparing to reintroduce sports betting and digital lottery services following a wide ranging audit and reform drive aimed at tightening regulation, improving transparency and strengthening oversight of the sector.

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Ethiopia’s Kurmuk Gold Mine Moves Closer to Commercial Production

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Published on 18 September 2026
Category: Energy and Mining

Gold Benishangul Gumuz

Ethiopia’s Kurmuk Gold Mine has entered a key commissioning phase, bringing one of the country’s largest gold projects closer to full scale commercial production.

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Ethiopia Moves to Double Electricity Exports to Kenya

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Published on 17 September 2026
Category: Energy and Mining

Electric Grid

Ethiopia is finalizing preparations to double its electricity exports to Kenya as part of efforts to deepen regional energy integration and expand cross border power trade, Ethiopian Electric Power (EEP) said.

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