Ministry Eyes Partnership with Microsoft

Radar

Ethiopian Airlines Launches Thrice-Weekly Service to Lyon, France

Ethiopian Airlines has launched a new thrice-weekly passenger service to Lyon, France, July 2, 2026, strengthening its European network and enhancing connectivity between Africa and Europe. The new route connects Lyon to Ethiopian Airlines' global network via Addis Ababa, offering passengers improved travel options and seamless connections to Africa, the Middle East, Asia, and beyond. The Group CEO Mesfin Tasew said the Lyon route strengthens long-standing ties with France, noting the airl...

New Directive Formalises Ethio-Kenya Small-Scale Border Trade

The Ministry of Trade & Regional Integration (MoTRI) has approved a directive establishing a simplified border trade regime with Kenya to regulate small-scale cross-border commerce. Officials said the measure aims to curb contraband while improving access to essential goods for border communities. It is also expected to create local jobs and strengthen diplomatic and economic ties with Kenya. Under the directive, trade will be monitored and quantified, with traders required to declare...

Abay Bank Lists on Ethiopian Securities Exchange as Fifth Entrant

Abay Bank Share Company began trading on the Main Board of the Ethiopian Securities Exchange (ESX) on June 25, becoming the fifth company to list after registering its ordinary shares with the Ethiopian Capital Market Authority (ECMA). The stock debuted at 1,800 Br a share, making all 9.66 million ordinary shares immediately tradable. The listing follows a year of strong financial and digital growth. For the fiscal year ended June 30, 2025, the bank reported a three-billion-Br profit, assets...