31 stories · page 1 of 2
The triple-A-rated lender's global bond drew investor orders nearly twice the amount offered. It is a read on what African development finance costs right now, as Ethiopia pursues infrastructure funding and debt restructuring.
Fact.et Staff · Oct 26, 2026
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The birr weakened about 0.09 percent against the dollar across 29 banks last week. Six banks drove almost the entire average move, and the spread between the best and worst rate reached nearly 4,500 birr on a thousand dollars.
Fact.et Staff · Oct 26, 2026
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Ethiopia earned 2.3 billion dollars from merchandise exports in the first two months of the 2026/27 fiscal year, up 176 percent from 837 million a year earlier. Two commodities account for most of the increase.
Fact.et Staff · Oct 26, 2026
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A World Bank-supported restructuring would turn the DBE into a wholesale lender, channelling development finance through other financial institutions and introducing risk-sharing and credit guarantees.
Fact.et Staff · Oct 23, 2026
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Ethiopia drew 1.432 billion dollars of FDI in the first quarter of 2026/27, 49 percent more than a year earlier and 59 percent above the quarterly target. Sixty-six projects entered production.
Fact.et Staff · Oct 22, 2026
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The Commercial Bank of Ethiopia raised its buying rate 20 cents a day for three days to 160.83 birr, accounting for 57.3 percent of the move in the average quotation and cutting its discount to the reference rate by 88 percent.
Fact.et Staff · Oct 21, 2026
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ODI Global research finds traceability gaps across 57 percent of Ethiopian coffee supply chains and warns the country could lose 0.5 percent of GDP as the EU's deforestation regulation approaches enforcement.
Fact.et Staff · Oct 20, 2026
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Aliko Dangote has invited Ethiopian investors into the 1.6 billion dollar share sale of his refinery, Africa's largest IPO, and pledged 5 billion dollars of investment in Ethiopia. The offer tests rules on whether Ethiopians can buy foreign shares at all.
Fact.et Staff · Oct 16, 2026
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The National Bank of Ethiopia has opened a second-quarter foreign exchange programme of up to 840 million dollars, spread over six auctions of 140 million dollars each through December. The quarterly allocation is 68 percent larger even though bank demand weakened in September.
Fact.et Staff · Oct 14, 2026
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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
500The 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
800The 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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