22 stories
The National Bank of Ethiopia has published a fixed quarterly FX auction calendar: 140 million dollars every two weeks from 13 October to 22 December, 840 million in total.
Fact.et Staff · Oct 6, 2026
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The Development Bank of Ethiopia has widened financing for off-grid solar businesses under the ADELE project, adding dedicated foreign currency channels alongside local working capital.
Fact.et Staff · Oct 6, 2026
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Governor Eyob Tekalign says foreign reserves rose from about 2 billion dollars in 2023 to roughly 5.6 billion in 2025, which he credits to the market-based foreign exchange overhaul.
Fact.et Staff · Oct 2, 2026
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Women receive about 20 percent of loans issued in Ethiopia but only 17 percent of the value lent. The gap between those two numbers is the part financial inclusion targets keep missing.
Fact.et Staff · Oct 1, 2026
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Inflation has eased, foreign-exchange reserves have recovered and the official-to-parallel exchange gap has narrowed sharply since the July 2024 reforms. Birr Metrics argues those are the stabilisation gains, and that what comes next is harder and slower.
Fact.et Staff · Oct 1, 2026
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Sidama Bank began trading on the Ethiopian Securities Exchange's Main Market on 28 September under the ticker SIDAX. It is the first of four microfinance institutions that converted into commercial banks to make it onto the exchange.
Fact.et Staff · Sep 30, 2026
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No Somali bank can send or receive US dollars directly. Every international transaction routes through intermediaries, at an estimated cost of 210 million dollars annually to one of the world's most fragile economies.
Fact.et Staff · Sep 25, 2026
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The central bank held near 160.87 Br last week with no auction to anchor it, and bank quotes clustered within 2.5pc above. Addis Fortune's point is that a stable advertised rate proves nothing about whether anyone can actually buy dollars at it.
Fact.et Staff · Sep 25, 2026
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The NBE sold 123.49 million dollars of the 125 million on offer at Wednesday's auction, with all 27 participating banks successful. It closes a 500-million-dollar quarterly programme with no successor announced.
Fact.et Staff · Sep 24, 2026
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The National Bank of Ethiopia will offer a further 125 million dollars to commercial banks on 23 September, the fourth and final auction of its first-quarter programme. That completes 500 million dollars sold into the market in three months.
Fact.et Staff · Sep 22, 2026
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Ethiopia grows over a million tonnes of bananas a year and exports a fraction of its horticultural potential. Birr Metrics places the bottleneck on the road to Djibouti, not in the field.
Fact.et Staff · Sep 21, 2026
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An Ethiopian Lottery Service investigation puts four years of unpaid operator obligations at 27.5 billion birr. Regulators are now preparing to rebuild the sector under a technology-based system.
Fact.et Staff · Sep 20, 2026
400The day in Ethiopian markets: Gadaa Bank reports a profit surge of more than 120%, and an audit puts operators' unpaid obligations at an estimated 27.5 billion birr as authorities prepare to relaunch sports betting.
Fact.et Staff · Sep 20, 2026
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The day in Ethiopian markets and business: a leaked Namibian memo on Ethiopian Airlines' management terms, a USCIS field office opening in Addis on 9 September, insurance revenue up 40%, and Kenya's deadline for foreign small traders.
Fact.et Staff · Sep 4, 2026
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Thursday's operation was a cash management buyback capped at $12.5 billion in short-dated notes, against the $2–4 billion liquidity-support operations that filled the rest of the quarter's schedule.
Fact.et Staff · Sep 4, 2026
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The day's Ethiopian markets news: a 36.7% revenue target at Ethio Telecom, a 15 billion birr smartphone financing deal, a 100 billion birr mortgage refinancer, $4.55 billion in agricultural exports, and a central bank stepping back from liquidity absorption.
Fact.et Staff · Sep 3, 2026
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Five commodity vessels crossed the Strait of Hormuz on Monday, against a recent average of fourteen. That shipping count, not the headline oil price, is the number that reaches an Ethiopian fuel pump.
Fact.et Staff · Sep 2, 2026
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Of 166 new projects approved across Ethiopia's industrial parks in 2025/26, foreign direct investment accounted for just 10%. The parks were designed as a magnet for foreign capital — the capital showing up is increasingly local.
Fact.et Staff · Aug 26, 2026
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A study from the Ethiopian Artificial Intelligence Institute maps flood risk across Addis Ababa block by block. The city's built-up area has grown 259% since 1984 — and the drainage never caught up.
Fact.et Staff · Aug 20, 2026
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Federal prosecutors say five Amhara Bank executives waved through loans to a single company with no credit analysis, no collateral, and no committee sign-off — while that company owed banks across the country over 2 billion birr combined.
Fact.et Staff · Aug 20, 2026
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The National Bank of Ethiopia quadrupled the size of its foreign-exchange auction and still fell short of demand — but the gap between what banks want and what they get just closed dramatically.
Fact.et Staff · Aug 20, 2026
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A year of exchange-rate data shows the US dollar isn't even close to the currency the Birr has weakened against the most — and the real story is what's happening to the Chinese yuan.
Fact.et Staff · Aug 20, 2026
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