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Governor of Central Bank to Chart Course in BRICS Negotiations

Jan 9 , 2024


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As Ethiopia officially joins the BRICS team, Mamo Mihretu, governor of the National Bank of Ethiopia (NBE), has been appointed as Sherpa, and Mesganu Arega, the State Minister for Foreign Affairs, as Sous Sherpa. They are expected to represent Ethiopia and engage in high-level discussions and negotiations within the BRICS framework, promoting national interests and contributing to the partnerships. The invitation to join BRICS came during the BRICS Summit in August 2023. A national ministerial and a senior official coordination committee is established to lay the groundwork to ensure Ethiopia's active participation in BRICS. Ethiopia's commitment to South-South cooperation was accentuated in a statement released by the Ministry of Foreign Affairs.


Radar

Customs Commission Puts Government Transactions on Mesob

Public institutions must now process customs-related transactions through Mesob, a new electronic platform introduced to reduce manual procedures in government trade operations. The Customs Commission has directed the institutions to use the platform for customs clearance, transit processing, import and export procedures, transaction verification, and related services. Mesob became operational for public institutions on July 20, 2026, for customs services. Institutions must complete intern...


Radar

Addis Grants Extra Month for Residential Lease Renewals

Landlords and tenants in Addis Abeba have an extra month to renew residential lease agreements after the City Administration extended the registration deadline from August 6 to September 5, 2026. The Addis Abeba Housing Development Corporation attributed the extension to public requests for more time. Officials said it would ease congestion at registration centres and allow residents to complete the process more conveniently. The renewal exercise began in early July, following the introduc...


Radar

Government Procurement Goes Digital with 597b Br Turnover

More than 597 billion Br in government purchases passed through Ethiopia's electronic procurement platform during the 2025-2026 fiscal year, widening the use of digital systems in public finance. The platform was used by 172 federal institutions and 196 affiliated entities during the year. More than 135,000 suppliers were registered to provide goods and services through the system, which is intended to improve transparency, accountability and efficiency in public procurement. The governmen...