Ethiopia
Every story we have published on Ethiopia.
Berbera’s rise reshapes East Africa trade
Berbera Port in Somaliland has expanded to 500,000 TEUs annually and is positioning itself as a major trade gateway for Ethiopia and the Horn of Africa, operated by DP World. The port overlooks the Bab al-Mandab Strait…
Ethiopia clears IMF review, unlocks $468m
The IMF reached a staff-level agreement on Ethiopia’s fifth ECF review on June 3, paving the way for a $468 million disbursement that would bring…
Ethiopia lures Kenya’s EV makers north
Ethiopia’s target for EVs to represent 80% of new vehicle registrations by 2030 is drawing Kenya’s top electric mobility companies northward. Spiro…
Ethiopian Airlines confirmed a global competitor
US Ambassador to Ethiopia Ervin Massinga declared on May 26 that Ethiopian Airlines is no longer simply a regional carrier but a competitor on the…
Africa’s $164bn sovereign funds eye minerals
Africa’s sovereign wealth funds have surpassed $164 billion in combined assets and are repositioning as active co-investors in mining development.…
Ethio Telecom hits Ethiopia’s stock exchange
Ethio Telecom listed on the Ethiopian Securities Exchange on May 26 under ticker TELE, becoming the first state-owned enterprise and first…
Ethiopia’s Eurobond talks collapse, bondholders sue
Ethiopia’s Ministry of Finance announced on May 28 that formal Eurobond restructuring talks with private bondholders collapsed after they rejected a…
Dangote’s Ethiopia bet hits $4bn
Aliko Dangote has raised the Dangote Group’s investment in an Ethiopian fertiliser complex at Gode to more than $4 billion, up from $2.5 billion.…
Italy backs Koysha dam and Bishoftu airport
Italy has pledged financing for Ethiopia’s $2.7 billion Koysha hydropower project and selected components of the $12.7 billion Bishoftu Airport in…
Africa’s $360bn build faces 57% skills gap
Sub-Saharan Africa faces a 57 percent talent gap in construction project professionals by 2035, the highest growth rate globally, with demand rising…
Zeno raises $25m for East Africa e-motorcycles
Kenyan electric motorcycle startup Zeno has raised $25 million to scale production of its Emara e-motorcycle and battery-swap network across East…
Ethiopian Airlines opens $50m domestic terminal
Ethiopian Airlines has inaugurated a $50 million expanded domestic terminal at Addis Ababa Bole International Airport, more than doubling its size…
Ethio Telecom expands 4G to 276 towns
Ethio Telecom has signed a network expansion and modernisation agreement with Ericsson at MWC Barcelona, covering 1,500 mobile sites, adding 2.8…
Africa’s GDP growth forecast upgraded to 4.3%, the fastest in the world
The African Development Bank has raised its 2026 GDP growth forecast for Africa to 4.3%, making the continent the fastest-growing region globally.…
Africa set to outgrow Asia in 2026 for the first time in history
The IMF projects Africa will be the fastest-growing region in the world in 2026, surpassing Asia for the first time ever. GDP growth is forecast at…