FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds

Fortune Logo


Jul 13 , 2026

Central Bank Lifts the Credit Cap, Loosens the Dollar Leash

The National Bank of Ethiopia (NBE) has scrapped its cap on bank credit growth and sharply cut the share of foreign currency exporters have to surrender, dismantling two of its most consequential financial controls as it presses ahead with market-oriented reforms. The gamble is that price signals...

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 government near-term financial breathing space as a war-driven surge in imported fuel costs threatens to unsettle one of Africa's most ambitious economic reform programmes. The Board completed the fifth review of the country's 48-month Extended Credit Facility (ECF), clearing the government to dr...


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...

Breaking News

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 t...

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...


Most read

Columns

Commentaries | Aug 14,2026

Europe Needs the Plot, Ethiopia Needs the Price

Life Matters | Aug 14,2026

A Body Learns Itself from the Inside

My Opinion | Aug 14,2026

Ethiopia Digitises Its Money, Not Its Factories

Sunday with Eden | Aug 14,2026

The Plate on the Screen Isn't the Plate on the Table

Agenda | Aug 15,2026

Addis Abeba Builds Over Its Waterways. Now the Floods Find a Way Back

Editorial | Aug 14,2026

Listen to the Poets Before Bulldozers Narrow Addis Abeba's Memory


         ADVERTISEMENT

Read More

Listen to the Poets Before Bulldozers Narrow Addis Abeba's Memory

Aschalew Fetene, known as “Ardi” and admired for his poetic depth, has built a time ca...

Editorial | Aug 14 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

Addis Abeba Builds Over Its Waterways. Now the Floods Find a Way Back

Floodwater had erased the edges of the road when Simon Nahom left Sunday school in the Jem...

Agenda | Aug 15 , 2026 . By FITSUM TADESSE

Prosecutors Charge Seven Alleging Amhara Bank's Credit Controls Bend for One Borrower

Federal prosecutors have charged seven defendants over a set of foreign-trade deals they a...

Fortune News | Aug 15 , 2026 . By NAHOM AYELE