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Jul 2 , 2026

IMF Advances $464m to Ethiopia, But the Bill for Reform Falls Due

Ethiopia has won another reprieve from the International Monetary Fund (IMF), yet the relief arrives at a moment that lays bare how fragile its recovery remains. IMF'S Executive Board approved a fresh 464 million dollar disbursement on Wednesday, July 1, 2026, handing Prime Minister Abiy Ahmed's...

Jun 9 , 2026

Central Bank Cancels Forex Auction for First Time

The National Bank of Ethiopia (NBE) has cancelled today's foreign exchange (FX) auction, which was slated for a 100 million dollars allocation. This marks the first time of the Central Bank calling off an auction since the liberalisation of the forex regime in August 2024. The Bank had issued a call to bidders yesterday for its fourth-quarter special forex auction. However, in a statement released today, June 09, 2026, the it announced that the auction had been canceled due to “unforeseen technical issues.” The statement declined to disclose the issue, but people knowledgeable of the ma...

May 20 , 2026

European Union Begins to Lift Schengen Visa Restrictions on Ethiopians

The Council of the European Union has moved to lift the restrictive visa measures on Ethiopia, marking a reversal in Brussels' use of visa rules as leverage over Addis Abeba's cooperation on the return of its citizens who do not have the legal right to remain in Europe. The decision, adopted on May 18, 2026, repeals a resolution passed two years ago, which had suspended parts of the EU visa code, in relation to Ethiopia. EU officials stated at the time the time that the measure was intended to pressure Addis Abeba to improve cooperation on readmission matters, an area where the European Com...

Apr 1 , 2026

Benzene Price Surges by 7.7pc, While Diesel Jumps by 8.3pc

Federal trade authorities have made a sweeping upward revision to domestic fuel prices effective Wednesday evening, April 1, 2026, as geopolitical volatility in the Middle East forces the government to pass a greater share of rising procurement costs onto consumers. The adjustment comes one month after the previous price setting, signaling a quickening pace of fiscal reform amid mounting global instability. Officials at the Ministry of Trade & Regional Integration (MoTRI) set new pricing structure, with benzene surging from 132.18 Br to 142.4 Br a litre, a 7.7pc increase, while stand...

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Feb 11 , 2026

የውጭ ሃገር ባለሀብቶች ያገኙትን ትርፍ ያለ ማዕከላዊ ባንክ ቅድመ ፈቃድ በንግድ ባንኮች በኩል ወደ ሃገራቸው እንዲልኩ የሚፈቅድ መመሪያ ዛሬ ወጣ

የውጭ ቀጥተኛ ኢንቨስትመንት ኩባንያዎች፣ ኤምባሲዎችና ዓለም አቀፍ ድርጅቶችም ያለምንም ቢሮክራሲያዊ ውጣ ውረድ በንግድ �...

Feb 11 , 2026

Governor Eyob Unleashes Forex Reforms, Including Profit Repatriations Through Banks

Investors are now allowed to repatriate dividends through domestic banks without prior Central Bank approval, enabling foreign direct investment (FDI) companies, embassies, and international organisat...

Jan 30 , 2026

Ethiopia Walks Away from Euro Bond Talks

Ethiopia has pulled its negotiators from talks with private bondholders, marking a sharp escalation in a debt restructuring process that has already stretched the patience of investors and official le...

Jan 17 , 2026

አይ ኤም ኤፍ ለኢትዮጵያ የ261 ሚሊዮን ዶላር ተጨማሪ ብድር ፈቀደ

የዓለም አቀፍ የገንዘብ ድርጅት (አይ ኤም ኤፍ) ለኢትዮጵያ የ48 ወራት የብድር ፕሮግራም አፈጻጸም አራተኛውን ዙር ግምገማ ካ�...

Jan 17 , 2026

IMF Greenlights $261m for Ethiopia

The International Monetary Fund (IMF) has disbursed 261 million dollars to Ethiopia following the completion of its fourth review of its 48-month Extended Credit Facility (ECF) arrangement. The dec...

Dec 14 , 2025

DBE Ousts Top Leadership after Boardroom Dispute Spills Over

The Development Bank of Ethiopia (DBE) has reshuffled its top leadership following a festering dispute at the apex of a policy bank over senior appointments and management practices. Essayas Kassa...

Sep 29 , 2025

Central Bank Introduces Interest-Rate Corridor to Steer Markets

The Central Bank has unveiled a formal policy interest rate regime and an interest rate corridor, mechanisms long considered foundational in modern central banking. Announced by the National Bank o...

Sep 29 , 2025

Central Bank Tightens Monetary Policy, Pushing Credit Cap to 24pc

Eyob Tekalegn (PhD), the new governor of the Central Bank, has put his footprints, with the National Monetary Policy Committee's move to raise the lending rate ceiling for commercial banks, increasing...

Columns

Commentaries | Jul 04,2026

The New Gold Standard Comes with a Warning Label

In the goldfields of the Benishangul-Gumuz Regional State, Ethiopia's balance-of-payments...

Editorial | Jul 4 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

A City Between the Market and the Rules

July has arrived with the heaviest rains of the winter, dark clouds and mist blanketing Ad...

Agenda | Jul 4 , 2026 . By NAHOM AYELE and FITSUM TADESSE

Prime Minister Concedes Health Sector Remains Underprovided

The health sector remains underprovided despite rising public spending, Prime Minister Abi...

Fortune News | Jul 7 , 2026

IMF Advances $464m to Ethiopia, But the Bill for Reform Falls Due

Central Bank Cancels Forex Auction for First Time

European Union Begins to Lift Schengen Visa Restrictions on Ethiopians

Benzene Price Surges by 7.7pc, While Diesel Jumps by 8.3pc