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Economy

Ethiopian Airlines Group Chief Executive Officer Mesfin Tasew speaks at a news conference in front of an Ethiopian flag (The Reporter via X)

Ethiopian Airlines paid about $6 million for carbon credits last year and expects the bill to grow faster, CEO Mesfin Tasew says

3 days ago October 11, 2026October 11, 2026Yonas Mikael
Officials in safety vests walk along the Awash-Kombolcha-Hara Gebeya railway track during an Ethiopian Investment Holdings visit on June 30, 2026 (Ethiopian Investment Holdings via X)

Ethiopian Gov’t takes over stalled Kombolcha railway as reports clash over its London arbitration with Yapı Merkezi

4 days ago October 10, 2026October 10, 2026Yonas Mikael
Gold bars on a steel table at the launch of the National Precious Metals Refinery at Bole Lemi Special Economic Zone in Addis Ababa on October 10, 2026 (Office of the Prime Minister of Ethiopia via X)

Abiy Ahmed opens a refinery in Addis Ababa built to process 600 tonnes of precious metals a year as Ethiopia moves to stop sending raw gold to Dubai

4 days ago October 10, 2026October 10, 2026Yonas Mikael
Heavy traffic on Bole Road in Addis Ababa, November 2017 (Yonatan Solomon, via Wikimedia Commons, CC BY-SA 4.0) [file photo]

Some car asking prices jump as an Addis Ababa tax crackdown on brokers leaves showrooms quiet seven weeks on

5 days ago October 9, 2026October 9, 2026Yonas Mikael
A truck on the road that links Djibouti and Addis Ababa, between Lake Afdera and Awash in the Afar region, January 2014 (Ji-Elle, via Wikimedia Commons, CC BY-SA 3.0) [file photo]

Oil jumps 40 percent in two months while coffee slips, leaving Ethiopia’s new finance minister a costlier import bill

6 days ago October 8, 2026October 8, 2026Yonas Mikael
Farmers harvest teff in a roadside field between Axum and Adwa in Tigray, October 2007 (A. Davey, via Wikimedia Commons, CC BY 2.0) [file photo]

One of the driest rainy seasons on record threatens Ethiopia’s main harvest as war in the north blocks aid

7 days ago October 7, 2026October 7, 2026Yonas Mikael
The National Bank of Ethiopia building in Addis Ababa, April 2008 (Shagada, via Wikimedia Commons, public domain) [file photo]

Ethiopian Gov’t targets 10.1 percent growth as central bank schedules $840 million in dollar auctions

1 week ago October 6, 2026October 7, 2026Yonas Mikael
Birr Metrics regional inflation chart for 2025 showing Benishangul-Gumuz highest at 23.5 percent and Amhara lowest at 10.73 percent, citing Ethiopian Statistical Service figures (Birr Metrics / @birrmetrics, via X, 5 October 2026)

Economists doubt Ethiopia’s inflation data and NBE independence, EEA survey finds

1 week ago October 5, 2026October 6, 2026Yonas Mikael
Birr Metrics graphic summarising Ethiopia's 5 October 2026 Foreign Ministry statement linking Nile and Red Sea interests to geography (Birr Metrics / @birrmetrics, via X)

Ethiopian Gov’t says Abay and Red Sea talks must include Ethiopia’s interests

1 week ago October 5, 2026October 7, 2026Yonas Mikael
Eritrean President Isaias Afwerki and Somali President Hassan Sheikh Mohamud shake hands during bilateral talks in Alamein on the margins of the four-country summit, 5 October 2026 (Yemane G. Meskel / @hawelti, via X)

Egypt, Eritrea, Somalia and Sudan say only coastal states should govern the Red Sea

1 week ago October 5, 2026October 6, 2026Yonas Mikael
Addis Mercato on 19 January 2024, photographed by Diego Delso (Wikimedia Commons / CC BY-SA 4.0) [file photo]

Most economists in an EEA survey are not convinced the birr float will last

1 week ago October 4, 2026October 8, 2026Yonas Mikael
The Port of Mogadishu on 27 November 2022

Somalia offers Ethiopia commercial access to two or three ports

1 week ago October 4, 2026October 5, 2026Yonas Mikael
A satellite view of Bab el-Mandeb acquired on 10 April 2017 (Wikimedia Commons / NASA) [file photo]

EU Aspides escort shortage leaves merchant ships waiting at Bab el-Mandeb

2 weeks ago October 3, 2026October 8, 2026Yonas Mikael
Container terminal at the Port of Djibouti on the Red Sea approach (Wikimedia Commons)

Saudi Red Sea tanker war-risk premiums spike, lifting costs on routes Ethiopia still needs

2 weeks ago October 2, 2026October 5, 2026Yonas Mikael
Ethiopian cargo ship at the Port of Djibouti on 15 March 2012

Ethiopian Government corridor risk: why Berbera matters as Bab el-Mandeb raises Djibouti costs

2 weeks ago October 1, 2026October 5, 2026Yonas Mikael
Bab el-Mandeb Strait seen from midchannel (Wikimedia Commons)

Hapag-Lloyd adds Red Sea sailings as Bab el-Mandeb risk still weighs on Ethiopia’s Djibouti corridor

September 30, 2026October 5, 2026Yonas Mikael
Addis Ababa city skyline, Ethiopia (Wikimedia Commons)

NBE warns on hawala remittances as diaspora dollars still chase market value

September 29, 2026October 5, 2026Yonas Mikael
NASA satellite view of the Bab el-Mandeb strait between the Red Sea and the Gulf of Aden (Wikimedia Commons)

Red Sea war-risk insurance soars as Ethiopia’s Assab talk raises corridor stakes

September 29, 2026October 5, 2026Yonas Mikael
Port of Djibouti container facilities on the Gulf of Aden approach (Wikimedia Commons)

Bab el-Mandeb risk reaches Ethiopia through Cape diversions, war-risk premiums, and Djibouti logistics

September 28, 2026October 5, 2026Yonas Mikael
DP World Berbera New Port terminal on the Gulf of Aden coast (Wikimedia Commons)

Berbera sits at 30% capacity while Ethiopia still routes 96.7% of seaborne trade through Djibouti

September 27, 2026October 5, 2026Yonas Mikael
Bab el-Mandeb approaches and Red Sea shipping lanes near the Horn of Africa (Wikimedia Commons)

Houthi hold on Perim and Mokha raises Red Sea freight costs for Ethiopia’s Djibouti corridor

September 26, 2026September 28, 2026Yonas Mikael
Addis Ababa–Djibouti railway corridor near Dasbiyo, Ethiopia (Wikimedia Commons)

Ethiopian Government, Djibouti and Dangote plan $660m fuel pipeline on a corridor facing war and Red Sea risk

September 25, 2026October 4, 2026Yonas Mikael
Container terminal at the Port of Djibouti on the Gulf of Aden approaches (Wikimedia Commons)

Saudi Red Sea war-risk premiums hit 3% as Bab el-Mandeb risk raises Ethiopia’s freight bill

September 25, 2026September 28, 2026Yonas Mikael
Port of Djibouti container terminal on the Gulf of Aden approaches (Wikimedia Commons)

Ethiopia still moves 96.7% of seaborne trade through Djibouti as Bab el-Mandeb war risk rises

September 24, 2026October 4, 2026Yonas Mikael
Addis Ababa skyline, Ethiopia (Wikimedia Commons)

Banks bid less than offered at Ethiopia’s central bank dollar auction, and analysts cited by Capital Ethiopia point to a birr shortage

September 23, 2026October 2, 2026Yonas Mikael
Satellite view of the Bab el-Mandeb Strait between the Red Sea and the Gulf of Aden (Wikimedia Commons / ASTER)

UK shipping insurer drops war cover in Red Sea waters that carry Ethiopia’s sea trade

September 23, 2026September 28, 2026Yonas Mikael
Bab el-Mandeb Strait and southern Red Sea corridor from space (Wikimedia Commons / NASA)

Houthi hold on Perim puts Bab el-Mandeb risk on Djibouti’s doorstep and Ethiopia’s freight bill

September 21, 2026September 21, 2026Yonas Mikael
Ethiopian birr banknotes, a reminder that Gulf wages often become family remittances at home (on-site / prior mereja.com media)

Saudi Musaned suspends new Ethiopian domestic worker hiring after Addis decision

September 20, 2026September 20, 2026Yonas Mikael
Bab el-Mandeb Strait and southern Red Sea shipping corridor from space (Wikimedia Commons / NASA)

Bab el-Mandeb war-risk stays near 3% while terrorism cover climbs toward 10%

September 20, 2026October 5, 2026Yonas Mikael
Bab el-Mandeb Strait seen from space, southern Red Sea gateway (Wikimedia Commons / public domain NASA-related imagery)

Ethiopian Government pushes “sovereign” Red Sea access while Bab el-Mandeb insurance stays near war prices

September 19, 2026October 6, 2026Yonas Mikael
Ethiopian birr banknotes (Wikimedia Commons / Flosegura, CC0)

Ethiopia’s remittances hit $7.14 billion, but the managed birr still pushes families toward market rates

September 18, 2026September 18, 2026Yonas Mikael
Bab el-Mandeb Strait seen from space, southern Red Sea gateway (Wikimedia Commons / public domain NASA-related imagery)

War-risk insurance and Cape detours keep raising the price of Red Sea oil and Horn freight

September 18, 2026September 18, 2026Yonas Mikael
Ethiopian birr banknotes (Wikimedia Commons / Flosegura, CC0)

Telebirr seeks higher limits as remittance payout gaps push Ethiopians toward market rates

September 16, 2026September 17, 2026Yonas Mikael
Bab el-Mandeb Strait satellite image (ASTER / NASA-METI-AIST / Wikimedia Commons, public domain)

Bab el-Mandeb traffic stuck near 26 ships a day as Houthi coastal gains raise war-risk costs

September 16, 2026September 17, 2026Yonas Mikael
Port of Djibouti container terminal on the Red Sea approaches (Wikimedia Commons / Kao Akana, CC BY-SA 2.0)

Eritrea says Abiy Ahmed’s government is “actively destabilising” the Horn as Assab and Red Sea access stay flashpoints

September 15, 2026September 17, 2026Yonas Mikael
Container terminal at the Port of Djibouti (Skilla1st / Wikimedia Commons, CC BY-SA 4.0)

Djibouti still handles 96.7% of Ethiopia’s sea cargo as Bab el-Mandeb risk keeps Berbera thin

September 14, 2026September 17, 2026Yonas Mikael
Container terminal at the Port of Djibouti, Ethiopia’s main seaborne gateway (David Stanley / Wikimedia Commons, CC BY 2.0)

Bab el-Mandeb crossings crash after Perim seizure as Cape diversion freight taxes the Horn

September 13, 2026September 13, 2026Yonas Mikael
Ethio Telecom headquarters in Addis Ababa, September 2025

Ethio Telecom earns 36.3 billion birr in 2018/19 as subscribers reach 43.6 million

July 24, 2019October 13, 2026Hana Belay
The National Bank of Ethiopia in Addis Ababa in April 2008

Ethiopia plans cashless payments in state institutions and online business registration to cut red tape

July 23, 2019October 13, 2026Hana Belay
New buildings and construction cranes on the Addis Ababa skyline, January 2015

Getachew T. Alemu argues Ethiopia cannot quickly swap public investment for private capital

July 22, 2019October 13, 2026Hana Belay
The Ethiopian Skylight Hotel in Addis Ababa, December 2025

Ethiopian Airlines opens the 373-room Ethiopian Skylight Hotel near Bole Airport

July 22, 2019October 13, 2026Hana Belay
The front of a 1998 Ethiopian one-birr banknote

Hijra Bank opens share sale to become one of Ethiopia’s first interest-free banks

July 21, 2019October 13, 2026Hana Belay
Students on the Addis Ababa University campus, February 2013

Oxford Handbook of the Ethiopian Economy gathers 70 authors and about 1,000 pages of research

July 20, 2019October 12, 2026Hana Belay
Addis Ababa Bole International Airport

Bole Airport handles a record 29,528 passengers in one day as its new terminal begins to open

July 19, 2019October 12, 2026Hana Belay
Pouches made from Ethiopian leather, January 2025

Sabegn, an Addis Ababa leather workshop, pays artisans when goods sell and pushes them to brand their own work

July 18, 2019October 12, 2026Hana Belay
An SES Astra communications satellite model

SES and Eutelsat both claim multi-year deals with Ethiopian broadcasters for satellite TV capacity

July 18, 2019October 12, 2026Hana Belay
The Commercial Bank of Ethiopia main office in Addis Ababa

Ethiopia’s foreign-currency reserves rise to $3.2 billion, enough for about three months of fuel imports

July 18, 2019October 12, 2026Hana Belay
Pouches made from Ethiopian leather, January 2025

Ethiopian hides and skins need little degreasing to become leather, a three-year study of 37 breeds finds

July 17, 2019October 11, 2026Hana Belay
The Ministry of Finance offices in Addis Ababa, November 2012

UAE’s Khalifa Fund signs a $100 million deal to back innovation and small businesses in Ethiopia

July 16, 2019October 11, 2026Hana Belay
An avocado tree in an Aari village in southern Ethiopia, July 2016

GreenPath Food, Ethiopia’s first certified organic fruit and vegetable producer, bets on smallholder farmers in Butajira

July 15, 2019October 11, 2026Hana Belay
Haile Gebreselassie Avenue and the light rail in Addis Ababa, June 2015

Ethiopia collected 198.2 billion birr in taxes in 2018/19, about 22 billion more than a year earlier

July 13, 2019October 11, 2026Hana Belay
An Ethiopian Airlines Boeing 787-8, registration ET-ARE, April 2019

Ethiopian Airlines wants to start a new airline in Nigeria, chief executive Tewolde Gebremariam says

July 13, 2019October 11, 2026Hana Belay
A street in the old town of Mekelle, Tigray, January 2018

Tigray plans to sell shares in three EFFORT companies, including Mesebo Cement, to diaspora investors

July 10, 2019October 11, 2026Hana Belay
Coffee brewed in a clay jebena during a coffee ceremony in Addis Ababa, July 2008

In Addis Ababa, YA Coffee serves specialty coffee brewed only in the traditional jebena

July 10, 2019October 11, 2026Hana Belay
Women selling khat in Harar, eastern Ethiopia, April 2014

At Awaday, the world’s biggest khat market, millions change hands overnight as farmers turn from coffee to the leaf

July 10, 2019October 11, 2026Hana Belay

Liya Kebede’s Lemlem brand turns Ethiopian handwoven cotton into global fashion

June 30, 2019October 4, 2026Hana Belay

World Bank tender seeks drillers for Ethiopia’s Alalobad geothermal wells

June 30, 2019October 4, 2026Hana Belay

Kenya and Ethiopia still struggle to turn border agreements into real trade

June 30, 2019October 4, 2026Hana Belay

Ethiopia scraps foreign-account rule and oil firms move on new concessions

June 29, 2019October 4, 2026Hana Belay

Ethiopia’s largest bank opens a branch staffed entirely by women

June 28, 2019October 4, 2026Hana Belay

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