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Ethiopia: Wegagen Bank Posts Robust Growth and Expands Capital Base in 2024/25 Fiscal Year

Details
Published on 08 October 2025
Category: Banking and Finance

Wegagen Press Release

Wegagen Bank S.C held its 32nd Ordinary Shareholders’ General Assembly on October 7, 2025, at the Hilton Hotel in Addis Ababa, where the Bank presented its financial results for the 2024/25 fiscal year.

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Ethiopia to Introduce New Technology-Enabled Vehicle License Plates by 2025/26

Details
Published on 08 October 2025
Category: Transport and Logistics

Plate MoTL

The Ministry of Transport and Logistics has announced plans to introduce new vehicle registration plates featuring Ethiopia-specific identifiers and advanced security technology. The nationwide replacement is scheduled to be completed in the 2025/26 fiscal year.

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Ethiopia Earns USD 546 Million from Coffee Exports in Just Two Months

Details
Published on 07 October 2025
Category: Import and Export

coffee-beans-roasted

Ethiopia has earned USD 546 million from the export of more than 80,000 tons of coffee over the past two months, according to the Ethiopian Coffee and Tea Authority.

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Ethiopia Unveils Digital System to Strengthen Oversight in Construction Sector

Details
Published on 07 October 2025
Category: Construction, Steel and Cement

Construction Construction

Ethiopia has launched a new Construction Monitoring Information System, a digital platform designed to improve transparency, accountability, and regulatory efficiency across the country’s construction industry.

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Ethiopia: Compass Properties and Goh Homes Bank Announce New Collaborative Home Construction Scheme

Details
Published on 07 October 2025
Category: Construction, Steel and Cement

Compass Betoch

Compass Properties and Goh Betoch Bank have unveiled a joint home construction program designed to make homeownership more secure and transparent for prospective buyers.

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Ethiopia to Launch Trade in Goods Under AfCFTA Framework on October 9

Details
Published on 07 October 2025
Category: Import and Export

MoTRI Logo

Ethiopia is set to commence official trade in goods under the African Continental Free Trade Agreement (AfCFTA) on October 9, 2025, marking a significant step toward regional economic integration.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 06 October 2025

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Published on 07 October 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 06 October 2025.

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Ethiopia: Ministry of Finance Suspends Retroactive Excise Tax Enforcement on Fruit Drink Producers

Details
Published on 06 October 2025
Category: Manufacturing

mof logo

The Ministry of Finance (MoF) has suspended the implementation of a Ministry of Revenue (MoR) decision that would have required domestic fruit drink manufacturers to pay several years of backdated excise taxes, penalties, and interest.

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Ethiopia: Wegagen Capital Investment Bank Moves into Wealth Management and ESG Products

Details
Published on 06 October 2025
Category: Banking and Finance

Wegageb Investment

Wegagen Capital Investment Bank (WCIB), Ethiopia’s first licensed private investment bank, has announced plans to broaden its operations to include wealth and portfolio management services, as well as environmental, social, and governance (ESG) aligned and Shariah-compliant financial products.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 03 October 2025

Details
Published on 04 October 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 03 October 2025.

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