ADDISINSIGHT

The National Bank of Ethiopia (NBE) has announced the results of its latest foreign exchange auction, allocating USD 70 million to participating banks as part of its ongoing efforts to stabilize the forex market and improve access to hard currency. According to the official statement released on Tuesday, the total bid amount submitted by commercial

Addis Ababa — Ethiopian Airlines has announced that it will resume passenger flights to Atlanta, one of the United States’ largest aviation hubs, beginning May 13, 2018, marking a strategic expansion of its North American network. According to the airline, the route will operate three times per week as a direct service between Addis Ababa

Addis Ababa, Ethiopia — has formally registered more than 54 million ordinary shares with the (ECMA), marking a critical step toward its anticipated listing on the country’s nascent stock exchange. In a public notice issued on March 16, the regulator confirmed that 54,066,089 existing shares held by current shareholders have been approved for registration. The

Addis Ababa, March 16, 2026 — Ethiopia’s Immigration and Citizenship Service (ICS) has issued an urgent directive offering partial and full penalty waivers for Ethiopian-origin U.S. citizens who have overstayed their legal residence in the country, signaling a rare administrative amnesty aimed at regularizing immigration status and easing compliance. The measure, announced in an official

Addis Ababa — March 12, 2026 Ethiopian Cargo & Logistics Services, Africa’s largest air cargo operator, will join the global digital freight booking platform Freightos by the end of March, marking a significant step in the airline’s digital transformation strategy and expanding online cargo booking capabilities across its global network. The integration will allow freight

Addis Ababa — Ethiopia has taken a new step toward developing its mineral resources after Ethiopian Investment Holdings (EIH) signed a potash mining agreement with the Ministry of Mines (Ethiopia), a move officials say could help transform the country into a significant player in the global fertilizer supply chain. The agreement was signed by Brook

Prime Minister Abiy Ahmed (Dr.) has arrived in the United Arab Emirates for a working visit, according to an announcement from the Prime Minister’s Office on Thursday. During the visit, Abiy is expected to hold talks with senior UAE officials on bilateral relations and other issues of mutual interest. The trip comes shortly after the

Ethiopia has approved a sweeping revision of immigration and citizenship service fees, introducing a new 10-year Golden Visa priced at $10,000 and sharply increasing charges for several premium passport and residency services. The new regulation, endorsed by the Council of Ministers, will take effect once it is published in the Negarit Gazette. Officials say the

Ethiopia has increased fuel prices nationwide, with retail rates for key petroleum products rising by as much as 10 birr per liter effective March 10, 2026, according to a directive issued by the Ministry of Trade and Regional Integration. Under the new pricing structure, white diesel rose by 10 birr to 139.84 birr per liter,