Ethiopian Business News

Ethiopia’s USD 1 Billion Bond Restructuring Talks Hit New Setback

Thu, 28 May 2026 12:51:52 GMT

Ethiopia’s effort to restructure its USD 1 billion international bond faced a new setback after bondholders rejected a revised proposal that had been adjusted to address concerns raised by official bilateral creditors.

Ethiopia: National Bank Allows Commercial Banks to Issue Export Permits for Goods Destined to China

Thu, 28 May 2026 10:45:52 GMT

The National Bank of Ethiopia has authorized all licensed commercial banks in Ethiopia to issue export permits for goods destined to the People’s Republic of China.

Ethiopia Set to Overtake Indonesia as the World’s Fourth Largest Coffee Producer Amid Record Production Growth

Fri, 22 May 2026 12:50:03 GMT

Ethiopia is poised to overtake Indonesia as the world’s fourth largest coffee producer in the 2026/27 marketing year, marking a shift in the global coffee industry and reinforcing the country’s emergence as one of the fastest growing coffee exporters in the world. According to the latest U.S. Department of Agriculture (USDA) Coffee Annual report, Ethiopia’s coffee production is forecast to reach 12.1 million 60 kilogram bags in 2026/27, compared to Indonesia’s projected 11.38 million bags.

The Institute of Ethiopian Standards Launches Digital Quality Verification Application

Fri, 22 May 2026 10:52:51 GMT

The Institute of Ethiopian Standards (IES) has launched IES Verifier, a digital application designed to verify standard marks and support product quality assurance.

Ethiopia Earns USD 408.2 Million from Horticulture Exports in Ten Months

Wed, 20 May 2026 13:30:20 GMT

Ethiopia earned USD 408.2 million from the export of horticultural products over the past ten months, according to Minister of Agriculture Addisu Arega.

Ethiopia: Dangote Group Raises Planned Ethiopia Fertilizer Investment to Over USD 4 Billion

Mon, 18 May 2026 14:16:39 GMT

Nigerian billionaire Aliko Dangote’s group of companies has increased its planned investment in a fertiliser plant in Ethiopia to more than USD 4 billion, up from the USD 2.5 billion announced last year.

Ethiopia Earns USD 8.7 Billion in Export Revenue Over 10 Months

Mon, 18 May 2026 14:13:45 GMT

Ethiopia has earned USD 8.7 billion from export trade during the past 10 months, Minister of Trade and Regional Integration Kassahun Gofe (PhD) said.

U.S. Solar Firms Request Investigation Into Ethiopia Linked Imports

Wed, 13 May 2026 13:32:44 GMT

A group of U.S. solar panel manufacturers has asked the U.S. Department of Commerce to investigate solar shipments from Ethiopia, alleging that companies are completing production there to avoid import duties on Chinese made solar products.

Made in Ethiopia Expo Concludes with Birr 57 Billion in Deals

Mon, 11 May 2026 14:32:29 GMT

The fourth edition of the “Made in Ethiopia” Expo concluded in Addis Ababa after generating trade and marketing agreements worth more than Birr 57 billion.

Ethiopia’s Total Debt Reaches USD 51.8 Billion as Domestic Borrowing Rises

Thu, 07 May 2026 13:19:30 GMT

Ethiopia’s total public debt has reached USD 51.8 billion, with domestic borrowing showing an increase, the Ministry of Finance said.