2merkato

Ethiopian specialty coffee has achieved a new record price in the international market, underscoring growing global demand for the country’s premium coffee varieties, according to the Ethiopian Coffee and Tea Authority.

Nigerian billionaire Aliko Dangote has launched an initial public offering for his oil refinery, targeting up to USD 2.1 billion in what is expected to become Africa’s largest share sale.

The 18^th BRICS Summit has formally backed Ethiopia’s bid to join the World Trade Organization, strengthening the country’s efforts to secure membership in the global trading body.

Ethiopia is accelerating the digital transformation of its logistics sector as state owned transport companies introduce integrated platforms aimed at reducing administrative delays, improving cargo visibility and strengthening trade competitiveness.

Ethiopia and the Asian Infrastructure Investment Bank (AIIB) have advanced discussions on potential financing for the planned Bishoftu International Airport and other strategic infrastructure projects, including energy and climate related investments.

Ethiopia earned USD 128.3 million from livestock exports during the 2025/26 fiscal year, an increase of more than 35 percent from approximately USD 95 million in previous years, according to the Livestock Development Institute.

The Commercial Bank of Ethiopia (CBE) reported Birr 38.71 billion in net profit for the 2025/26 financial year, supported by strong growth in both interest and non-interest income.

The Addis Ababa Revenue Bureau has announced plans to intensify warehouse and vehicle inspections as part of a crackdown on suspected tax evasion involving car importers and commission based vehicle dealers in the capital.

Ethiopian Shipping and Logistics has launched a new digital customer service platform aimed at replacing paper based processes and allowing customers to access logistics services remotely.

Ethio Telecom has set a target of generating Birr 295 billion in revenue during the 2026/27 fiscal year as it enters the second year of its three year “Next Horizon: Digital & Beyond Strategy.”