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Direct Exports Fall Short of Target as Export Growth Shows Uneven Performance


Direct Exports Fall Short of Target as Export Growth Shows Uneven Performance

The Ministry of Trade & Regional Integration (MoTRI) has reported that export performance fell short in key areas during the first eight months the fiscal year, despite overall revenue reaching 6.76 billion dollars. Direct export products were the main underperforming segment, generating 527.9 million dollars against a target of 606.8 million dollars, achieving 87pc of the goal. While the total export revenue exceeded the 5.83 billion dollar target, sectoral results showed uneven performance. Agriculture recorded 90.53pc of its target, and manufacturing stood at 87.68pc, reflecting persistent gaps in output and value addition. Mining outperformed expectations at 149.44pc, and electricity and related sectors reached 112.35pc, masking weaker results in other areas.

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Annual U.S.–Ethiopia Real Estate Expo to Debut in July

Harvest Circle Inc., a U.S.-based organisation, will launch the first annual U.S.-Ethiopia Real Estate & Construction Expo in July 2026. The event will bring together Ethiopian and U.S. real estate developers, construction firms, banks, insurers, property managers, and investors to explore partnership, financing, and investment opportunities. Organisers say the platform seeks to promote private sector-led urban development, facilitate diaspora investment, and expand market access for Ethiop...


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Addis Abeba Housing Bureau Warns Landlords against Illegal Rent Hikes, Threatens Legal Action

The Addis Abeba Housing Development and Administration Bureau has issued a warning to landlords attempting to impose unauthorised rent increases or carry out unlawful evictions as the residential leasing cycle nears its statutory June 30 deadline. The warning follows reports of landlords pressuring tenants to vacate properties under claims of personal use or sale, alongside demands for steep rent hikes, according to comments made to state media. Kidist W. Giorgis, Head of the Bureau, said...


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Development Bank Turns Corner as Profit Hits Eight Billion Br

The Development Bank of Ethiopia (DBE) posted a gross profit of eight billion Br in the first nine months of the fiscal year while repaying 15.6 billion Br in outstanding debt. Total income reached 17.3 billion Br, exceeding its target by 12pc. Presenting its performance to the House of Peoples' Representatives Standing Committee for Government Development Organizations, the bank highlighted progress from ongoing reforms, including reducing its non-performing loan ratio to 13.4pc, below the Nati...