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Ethiopia’s efforts to restructure its sovereign debt have hit a roadblock after negotiations with private bondholders ended without agreement, deepening uncertainty over the country’s only international bond.

Ethiopian banks have improved their positions in the 2025 Africa Business Top 100 African Banks Report, showing steady progress in the country’s financial sector. Six Ethiopian banks are included in this year’s list, up from five in 2024 and only two in 2022.

Wegagen Bank, one of Ethiopia’s leading private financial institutions, has signed a five-year growth partnership agreement with Visa Inc., a global leader in digital payments. The agreement aims to expand the bank’s international card banking services and strengthen its global payment capabilities.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 13 October 2025.

The Ethio-Djibouti Railway (EDR) SC is undergoing a major structural transformation into a holding company, supported by a new World Bank-funded initiative. This move aims to strengthen its role in railway operations, logistics, and engineering across Africa’s transport sector.

Zemen Bank has announced a record breaking financial performance for the 2024/25 fiscal year, which ended in 2025/26, with profits and assets showing substantial growth across key indicators.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 October 2025.

The Ethiopian Deposit Insurance Fund (EDIF) has announced that it collected more than Birr 2 billion in premiums during the first three months of the 2025/26 fiscal year, reflecting strong growth in the country’s deposit base.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 October 2025.

The Ethiopian Railways Corporation (ERC) announced that the country’s first eco-tourism railway project has reached its final construction phase, marking a milestone in Ethiopia’s railway and tourism development.