Business

Ethio Telecom, Ericsson Sign Major Network Expansion and Modernization Deal at MWC Barcelona

Ethio Telecom announced the signing of a major network expansion and modernization agreement with telecommunications equipment provider Ericsson at the Mobile World Congress Barcelona, marking another step in Ethiopia’s effort to strengthen its digital infrastructure. The agreement aligns with Ethio Telecom’s three-year Next Horizon Strategy and will involve expanding, upgrading, and deploying new network capabilities

March 5, 2026 • By Addis Insight

Business

Ethiopian Airlines Suspends Multiple Middle East Flights as Regional Airspace Closures Disrupt Travel

Ethiopian Airlines has suspended flights to and from several major Middle Eastern destinations after widespread airspace closures across the region, underscoring the growing impact of geopolitical tensions on global aviation networks. Africa’s largest carrier said services to Amman, Beirut, Bahrain, Tel Aviv, Doha, Kuwait, Dubai, Sharjah, Abu Dhabi and Dammam will remain canceled until further

March 2, 2026 • By Addis Insight

Business

Ethiopian Airlines Suspends Select Middle East Flights as Security Risks Escalate

Addis Ababa — Ethiopian Airlines has cancelled several passenger flights to key Middle Eastern destinations, citing a deteriorating security environment across the region, as airlines worldwide reassess operations over conflict-adjacent airspace. Africa’s largest carrier said services to Amman, Tel Aviv, Dammam, and Beirut have been suspended, underscoring the widening impact of geopolitical instability on commercial

February 28, 2026 • By Addis Insight

Business

Ethiopia Outlaws Birr-Based Crypto P2P Trading, Prepares Formal Digital-Asset Framework

Addis Ababa — Ethiopia’s central bank has formally prohibited peer-to-peer cryptocurrency transactions denominated in the local currency, tightening oversight of a fast-growing informal market that has operated largely outside the country’s regulated financial system. In a public notice issued Friday, the National Bank of Ethiopia (NBE) said any Birr-paired P2P trading conducted through digital-asset platforms,

February 27, 2026 • By Addis Insight

Business

Ethiopian Airlines Breaks Into Global Top 50 by Daily Flights

Addis Ababa’s Bole International Airport is reinforcing its status as Africa’s primary aviation gateway, as new global data show Ethiopian Airlines ranking among the world’s most operationally active carriers — a rare position for an airline based on the continent. According to a February 2026 analysis of the Top 100 biggest airlines by average daily

February 27, 2026 • By Addis Insight

Business

Ethiopian Airlines Signs Landmark Deal to Turn Food Waste Into Energy

Addis Ababa — Ethiopian Airlines Group has signed a tripartite memorandum of understanding with Canada-based Provectus Enterprising Inc. and Ethiopia’s Fusion Global Solutions to convert aviation catering waste into biomass and other sustainable outputs, marking a significant step in the carrier’s push toward circular economy practices. The agreement, signed in the presence of Cheryl Urban,

February 23, 2026 • By Addis Insight

Business

Emirates to Introduce Airbus A350-900 on Addis Ababa Route from January 2027

Addis Ababa, Feb 23, 2026 — Dubai-based carrier Emirates is preparing a major upgrade to its service to Ethiopia, with plans to deploy its next-generation Airbus A350-900 aircraft on the Dubai–Addis Ababa route beginning January 1, 2027, according to recent airline scheduling updates. If implemented, the move would replace the Boeing 777-200LR currently serving the

February 23, 2026 • By Addis Insight

Business

House of Federation Rules Disputed Amhara–Tigray Areas to Vote Outside Tigray Region

Ethiopia’s House of Federation has decided that parliamentary elections in several disputed areas between the Amhara and Tigray regional states will be conducted outside the administrative jurisdiction of the Tigray region. The National Election Board of Ethiopia (NEBE) announced the decision in a statement issued today. The Board recalled that on January 22, 2018, it

February 23, 2026 • By Addis Insight

Uncategorized

Ethiopia Injects $500 Million in FX Auction as Birr Trades Near 153 per Dollar

By Addis Insight — February 21, 2026 Addis Ababa — Ethiopia’s central bank supplied $500 million to commercial banks through a special foreign-exchange auction on Friday, signaling continued efforts to stabilize the country’s dollar market as the birr trades near historic lows. The National Bank of Ethiopia (NBE) said banks bid for $455.29 million, leaving

February 21, 2026 • By Addis Insight

Uncategorized

MIDROC Investment Group Launches Ethiopia’s Largest Coal Beneficiation Plant

ADDIS ABABA – MIDROC Investment Group has officially inaugurated its state-of-the-art coal processing facility in the Arjo area of the Oromia Region, marking a strategic shift in Ethiopia’s industrial energy sector. The ceremony was attended by high-ranking officials, including Prime Minister Abiy Ahmed and Oromia Regional President Shimelis Abdisa. Strategic Import Substitution In a move

February 18, 2026 • By Addis Insight