MIDROC Investment Group Acquires Historic Wabi Shebele Hotel, Plans Marriott Autograph Collection Renovation
Addis Ababa — MIDROC Investment Group has acquired the historic Wabi Shebele Hotel, marking a major investment in Ethiopia’s hospitality sector ahead of the...
17 New Levies: Ethiopia Broadens Disaster Fund Financing Across Banks, Telecoms, and Transport
Ethiopia has enacted a sweeping framework to finance its Disaster Risk Response Fund, drawing contributions from banks, insurers, telecom operators, transport services, fuel suppliers,...
Boeing and Ethiopian Airlines Announce Order for Nine 787 Dreamliners
Addis Ababa, Jan. 20, 2026 — Boeing and Ethiopian Airlines have announced a firm order for nine 787 Dreamliner aircraft, reinforcing the carrier’s long-haul...
Commercial Bank of Ethiopia Rolls Out CBE Connect App to Streamline Cross-Border Transfers
Commercial Bank of Ethiopia has launched a new digital wallet application, CBE Connect, as the lender moves to simplify formal remittance flows into the...
Ethiopia Freezes 10 Payment Gateways in Fintech Crackdown
Disclaimer: The Telebirr logo was used in a previous version of this article. We have since replaced it, as its use created confusion. We...
IMF Clears $261 Million Disbursement for Ethiopia as Reforms Deliver Stronger Growth
Addis Ababa / Washington, DC — January 16, 2026
The has approved the fourth review of Ethiopia’s program under the Extended Credit Facility (ECF), unlocking...
