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E-Commerce Sector Poised for Explosive Growth in the Coming Decade


E-Commerce Sector Poised for Explosive Growth in the Coming Decade

International Market Analysis Research and Consulting Group (IMARC) projects Ethiopia's e-commerce market to reach 234.5billion dollars by 2034, starting this year, following a compound annual growth rate of 25.77pc in 2025. The anticipated surge is driven by a young, tech-savvy population, rapid urbanisation, and expanding logistics capabilities, supported by government initiatives to develop the digital economy. The growth outlook is further reinforced by the expansion of digital payment infrastructure, increased internet and smartphone penetration, liberalisation of the telecommunications sector, and the rise of a middle class. Analysts note that the advancing e-commerce market is becoming a major force for innovation, reshaping trade and consumer behavior. Rising competition within the sector, alongside emerging opportunities enabled by AI-powered solutions and digital platforms, underpins the market’s strong growth potential.

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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...