NBE Aligns Import Pricing to Reinforce FX Market Integrity
Ethiopia’s central bank has moved to tighten foreign exchange controls by directing banks to apply Ethiopian Customs Commission indicative prices for selected imports, a step that follows the shift to a market clearing exchange rate regime in mid 2024.
Read Full Article: https://telegra.ph/NBE-Aligns-Import-Pricing-to-Reinforce-FX-Market-Integrity-01-25
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Ethiopia’s central bank has moved to tighten foreign exchange controls by directing banks to apply Ethiopian Customs Commission indicative prices for selected imports, a step that follows the shift to a market clearing exchange rate regime in mid 2024.
Read Full Article: https://telegra.ph/NBE-Aligns-Import-Pricing-to-Reinforce-FX-Market-Integrity-01-25
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of January 26, 2026.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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CBE Posts ETB 36.2 Billion Half-Year Profit as Financial Reforms Lift Bank Income
Commercial Bank of Ethiopia, the country’s largest lender by assets, reported a gross profit of ETB 36.19 billion for the first half of the fiscal year, underscoring how Ethiopia’s accelerating macroeconomic and financial sector reforms are translating into stronger earnings at systemically important institutions.
Read Full Article: https://telegra.ph/CBE-Posts-ETB-362-Billion-Half-Year-Profit-as-Financial-Reforms-Lift-Bank-Income-01-26
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Commercial Bank of Ethiopia, the country’s largest lender by assets, reported a gross profit of ETB 36.19 billion for the first half of the fiscal year, underscoring how Ethiopia’s accelerating macroeconomic and financial sector reforms are translating into stronger earnings at systemically important institutions.
Read Full Article: https://telegra.ph/CBE-Posts-ETB-362-Billion-Half-Year-Profit-as-Financial-Reforms-Lift-Bank-Income-01-26
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Ethiopia Unveils $500 Million FX Auction to Steady Markets Amid Reform Push
Ethiopia’s central bank unveiled a $ 500 million dollar foreign exchange auction scheduled for January 27, signaling a calibrated liquidity injection as authorities manage volatility following the shift toward market based pricing.
Read Full Article : https://telegra.ph/Ethiopia-Unveils-500-Million-FX-Auction-to-Steady-Markets-Amid-Reform-Push-01-26
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Ethiopia’s central bank unveiled a $ 500 million dollar foreign exchange auction scheduled for January 27, signaling a calibrated liquidity injection as authorities manage volatility following the shift toward market based pricing.
Read Full Article : https://telegra.ph/Ethiopia-Unveils-500-Million-FX-Auction-to-Steady-Markets-Amid-Reform-Push-01-26
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Ethiopia Negotiates South Korean Market Re-entry Amidst Tightened Pest Protocols
The Ethiopian Horticulture Producer Exporters Association initiated high-level consultations to reopen the South Korean rose market, currently suspended over phytosanitary concerns regarding the False Codling Moth.
Read Full Article: https://telegra.ph/Ethiopia-Negotiates-South-Korean-Market-Re-entry-Amidst-Tightened-Pest-Protocols-01-26
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The Ethiopian Horticulture Producer Exporters Association initiated high-level consultations to reopen the South Korean rose market, currently suspended over phytosanitary concerns regarding the False Codling Moth.
Read Full Article: https://telegra.ph/Ethiopia-Negotiates-South-Korean-Market-Re-entry-Amidst-Tightened-Pest-Protocols-01-26
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EU-Ethiopia Business Forum 2026 to Spotlight Strategic Investment in Addis Ababa
The European Union and Ethiopia will co-host the EU-Ethiopia Business Forum from April 20 to 22 in Addis Ababa, marking the largest bilateral investment summit since 2019.
Read Full Article: https://telegra.ph/EU-Ethiopia-Business-Forum-2026-to-Spotlight-Strategic-Investment-in-Addis-Ababa-01-26
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The European Union and Ethiopia will co-host the EU-Ethiopia Business Forum from April 20 to 22 in Addis Ababa, marking the largest bilateral investment summit since 2019.
Read Full Article: https://telegra.ph/EU-Ethiopia-Business-Forum-2026-to-Spotlight-Strategic-Investment-in-Addis-Ababa-01-26
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A market bulletin from the Ethiopia Commodity Exchange (ECX) showing the Daily Commodity Trade Data for January 26, 2026.
Source - Ethiopia Commodity Exchange
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Source - Ethiopia Commodity Exchange
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of January 27, 2026.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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Zemen Bank’s Assets Cross ETB 100 Billion as Balance Sheet Expansion Accelerates
Zemen Bank’s balance sheet surged past ETB 106 billion in the first half of the 2018 Ethiopian fiscal year, while customer deposits climbed to ETB 80 billion, signaling resilient domestic banking expansion amid tighter liquidity and regulatory recalibration shaping Ethiopia’s financial system.
Read Full Article: https://telegra.ph/Zemen-Banks-Assets-Cross-ETB-100-Billion-as-Balance-Sheet-Expansion-Accelerates-01-27
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Zemen Bank’s balance sheet surged past ETB 106 billion in the first half of the 2018 Ethiopian fiscal year, while customer deposits climbed to ETB 80 billion, signaling resilient domestic banking expansion amid tighter liquidity and regulatory recalibration shaping Ethiopia’s financial system.
Read Full Article: https://telegra.ph/Zemen-Banks-Assets-Cross-ETB-100-Billion-as-Balance-Sheet-Expansion-Accelerates-01-27
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Ethiopian Airlines Locks ExxonMobil Lubricants Deal to Anchor Fleet Expansion
Ethiopian Airlines signed a five year lubricants supply agreement with Aeroservices, securing long-term access to ExxonMobil Aviation Lubricants as it expands its fleet and network.
Read Full Article: https://telegra.ph/Ethiopian-Airlines-Locks-ExxonMobil-Lubricants-Deal-to-Anchor-Fleet-Expansion-01-27
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Ethiopian Airlines signed a five year lubricants supply agreement with Aeroservices, securing long-term access to ExxonMobil Aviation Lubricants as it expands its fleet and network.
Read Full Article: https://telegra.ph/Ethiopian-Airlines-Locks-ExxonMobil-Lubricants-Deal-to-Anchor-Fleet-Expansion-01-27
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Result: Ethiopia’s USD 500 Million FX Auction Signals Tight Liquidity as Market Reform Deepens
Ethiopia’s central bank injected USD 500 million through a special foreign exchange auction, attracting bids totaling USD 592.3 million, underscoring persistent hard currency demand as the country deepens its market-based forex reform after decades of administrative controls.
Read Full Article: https://telegra.ph/Result-Ethiopias-USD-500-Million-FX-Auction-Signals-Tight-Liquidity-as-Market-Reform-Deepens-01-27
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Ethiopia’s central bank injected USD 500 million through a special foreign exchange auction, attracting bids totaling USD 592.3 million, underscoring persistent hard currency demand as the country deepens its market-based forex reform after decades of administrative controls.
Read Full Article: https://telegra.ph/Result-Ethiopias-USD-500-Million-FX-Auction-Signals-Tight-Liquidity-as-Market-Reform-Deepens-01-27
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Bank of Abyssinia Deposits Cross Birr 300 Billion as Funding Competition Intensifies
Bank of Abyssinia pushed total deposits beyond Birr 300 billion, underscoring accelerating balance sheet expansion as Ethiopia’s banking sector deepens financial intermediation amid reform driven liberalization.
Read Full Article: https://telegra.ph/Bank-of-Abyssinia-Deposits-Cross-Birr-300-Billion-as-Funding-Competition-Intensifies-01-27
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Bank of Abyssinia pushed total deposits beyond Birr 300 billion, underscoring accelerating balance sheet expansion as Ethiopia’s banking sector deepens financial intermediation amid reform driven liberalization.
Read Full Article: https://telegra.ph/Bank-of-Abyssinia-Deposits-Cross-Birr-300-Billion-as-Funding-Competition-Intensifies-01-27
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Ethiopia Taps AI to Bolster Financial Crime Defenses Amid Regulatory Tightening
Ethiopia’s financial crime defenses pivoted toward automation after the Ethiopian Artificial Intelligence Institute partnered with the Financial Intelligence Service to build an AI system targeting money laundering and terrorism financing.
Read Full Article: https://telegra.ph/Ethiopia-Taps-AI-to-Bolster-Financial-Crime-Defenses-Amid-Regulatory-Tightening-01-27
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Ethiopia’s financial crime defenses pivoted toward automation after the Ethiopian Artificial Intelligence Institute partnered with the Financial Intelligence Service to build an AI system targeting money laundering and terrorism financing.
Read Full Article: https://telegra.ph/Ethiopia-Taps-AI-to-Bolster-Financial-Crime-Defenses-Amid-Regulatory-Tightening-01-27
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A market bulletin from the Ethiopia Commodity Exchange (ECX) showing the Daily Commodity Trade Data for January 27, 2026.
Source - Ethiopia Commodity Exchange
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Source - Ethiopia Commodity Exchange
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of January 28, 2026.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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Opportunity in Ethiopia’s Furniture and Interior Manufacturing Sector
The Sixth International Furniture, Interior, and Construction Finishing Exhibition (FINTEX) has opened in Addis Ababa, bringing together more than 50 local manufacturing companies and thousands of industry stakeholders.
Full Article - https://telegra.ph/Opportunity-in-Ethiopias-Furniture-and-Interior-Manufacturing-Sector-01-27
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The Sixth International Furniture, Interior, and Construction Finishing Exhibition (FINTEX) has opened in Addis Ababa, bringing together more than 50 local manufacturing companies and thousands of industry stakeholders.
Full Article - https://telegra.ph/Opportunity-in-Ethiopias-Furniture-and-Interior-Manufacturing-Sector-01-27
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Ethiopia Scales Technical Training to Secure 12% Digital GDP Contribution
Ethiopia’s federal government has prioritized technical and vocational training to catalyze its domestic startup ecosystem, targeting a 12% digital sector contribution to GDP by 2030.
Read Full Article: https://telegra.ph/Ethiopia-Scales-Technical-Training-to-Secure-12-Digital-GDP-Contribution-01-28
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Ethiopia’s federal government has prioritized technical and vocational training to catalyze its domestic startup ecosystem, targeting a 12% digital sector contribution to GDP by 2030.
Read Full Article: https://telegra.ph/Ethiopia-Scales-Technical-Training-to-Secure-12-Digital-GDP-Contribution-01-28
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CBE Posts ETB 36 billion Profit as Deposits Top 2 trillion
The Commercial Bank of Ethiopia posted a gross profit of ETB 36 billion in the first half of the 2018 Ethiopian fiscal year, reinforcing its balance-sheet dominance as deposits climbed beyond the ETB 2 trillion threshold to ETB 2.02 trillion.
Read Full Article: https://telegra.ph/CBE-Posts-ETB-36-billion-Profit-as-Deposits-Top-2-trillion-01-28
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The Commercial Bank of Ethiopia posted a gross profit of ETB 36 billion in the first half of the 2018 Ethiopian fiscal year, reinforcing its balance-sheet dominance as deposits climbed beyond the ETB 2 trillion threshold to ETB 2.02 trillion.
Read Full Article: https://telegra.ph/CBE-Posts-ETB-36-billion-Profit-as-Deposits-Top-2-trillion-01-28
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Allied Gold Has Decided To Sell It's Kurmuk Asset to China’s Zijin Amid Record Prices
Allied Gold Corp agreed to sell itself to China’s Zijin Gold International for about USD 4 billion, transferring control of Ethiopia’s Kurmuk gold project.
Read Full Article: https://telegra.ph/Allied-Gold-Exit-Hands-Kurmuk-Asset-to-Chinas-Zijin-Amid-Record-Prices-01-28
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Allied Gold Corp agreed to sell itself to China’s Zijin Gold International for about USD 4 billion, transferring control of Ethiopia’s Kurmuk gold project.
Read Full Article: https://telegra.ph/Allied-Gold-Exit-Hands-Kurmuk-Asset-to-Chinas-Zijin-Amid-Record-Prices-01-28
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Ethiopia Launches Automated Interbank FX Market
The National Bank of Ethiopia (NBE) has officially launched the nation's first Automated Interbank Foreign Exchange Trading Platform.
Read Full Article: https://telegra.ph/Ethiopia-Launches-Automated-Interbank-FX-Market-01-28
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The National Bank of Ethiopia (NBE) has officially launched the nation's first Automated Interbank Foreign Exchange Trading Platform.
Read Full Article: https://telegra.ph/Ethiopia-Launches-Automated-Interbank-FX-Market-01-28
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