2merkato

Safaricom has launched a new stock trading service on its M-Pesa mobile money platform, a development that could signal future opportunities for Ethiopia’s emerging digital finance and capital markets.

The National Bank of Ethiopia (NBE) has issued a public notice announcing a series of significant relaxations to Ethiopia’s foreign exchange directives, in a move aimed at strengthening the foreign exchange market and easing current account restrictions.

Ethiopian Airlines, Africa’s largest aviation group, has reported USD 4.4 billion in revenue during the first six months of Ethiopia’s current fiscal year, reflecting a 14 percent increase compared to the same period last year.

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.

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 systems.

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).

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

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 its planned target.

Gridworks, a British government-owned investor focused on Africa’s electricity networks, has signed agreements to develop and invest in electricity transmission projects in Ethiopia valued at around USD 400 million.

Ethiopia is expected to return to double digit economic growth this fiscal year, driven by a reform program supported by the International Monetary Fund (IMF) that has eased foreign exchange constraints, boosted exports, and improved macroeconomic stability.