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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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Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. The institution has anchored key...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...