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Ethiopia to Launch AfCFTA Implementation as WTO Accession Bid Gains Momentum
Addis Ababa, September 29, 2025 (FMC) – Ethiopia will officially begin implementing the African Continental Free Trade Area Agreement (AfCFTA) next week, while also moving closer to securing…
NBE Maintains Tight Monetary Policy, Raises Credit Growth Target to 24%
Addis Ababa, September 29, 2025 (FMC) — The National Bank of Ethiopia (NBE) has maintained a tight monetary policy stance while raising the credit growth target for the fiscal year 2025/26,…
2nd Ethiopia-Djibouti Business Boosting Conference Kicks Off in Djibouti
Addis Ababa, September 29, 2025 (FMC) — The 2nd Ethiopia-Djibouti Business Boosting Conference has opened in Djibouti today under the theme “Logistics Facilitation for Regional Business…
Ethiopia’s reforms pave the way for sustainable and inclusive growth: Macroeconomic Adviser
Addis Ababa, September 23, 2025 (FMC) – Ethiopia’s sweeping macroeconomic reforms are setting the stage for a new chapter of sustainable, diversified, and inclusive growth, according to…
Ethiopia’s Financial Intelligence Service freezes 123 bank accounts in crackdown on illegal FX…
Addis Ababa, September 19, 2025 (FMC) – Ethiopia’s Financial Intelligence Service (FIS) announced the freezing of 123 bank accounts linked to alleged illegal foreign exchange (FX)…
Ethiopian Airlines reports record $7.6 Billion revenue, 19.1 million passengers in 2024/25 FY
Addis Ababa, September 16, 2025 (FMC) – Ethiopian Airlines Group CEO Mesfin Tasew today announced that the airline achieved a record $7.6 billion in revenue and transported 19.1 million…
Ethiopia grants one-year tax exemption on import of motorized boats to boost tourism
Addis Ababa, September 13, 2025 (FMC) — Ethiopia’s Ministry of Finance has introduced a one-year exemption on import duties and taxes for motorized boats, as part of government measures to…
Ethiopian Airlines to Begin International Operations from Bishoftu Airport by 2030
Addis Ababa, September 11, 2025 (FMC) – Ethiopian Airlines Group CEO Mesfin Tasew has announced that the new Bishoftu International Airport is slated for completion within the next five…
Kenya ready to purchase GERD power to boost industry and regional integration
Addis Ababa, September 9, 2025 (FMC) – Kenyan President William Ruto today confirmed Kenya’s readiness to sign an expanded power purchase agreement with Ethiopia to offtake surplus…
Ethiopia Marks Seven Years of Reform-Driven Progress, Finance Minister Highlights Economic…
Addis Ababa, September 8, 2025 (FMC) — Finance Minister Ahmed Shide praised Ethiopia’s successful reforms and resilience over the past seven years, emphasizing that the nation has built a…