Ethiopia’s record export earnings in the 2025/26 fiscal year have masked weaker performance across a wider range of commodities regulated by the Ministry of Trade and Regional Integration (MoTRI), raising concerns over the sustainability and diversification of the country’s export growth.
Ethiopia generated USD 11.2 billion in export earnings during the 2025/26 fiscal year, nearly 20 percent above the government’s target and 35 percent higher than in the preceding year. However, most of the growth was driven by gold and coffee, while several major commodity groups under MoTRI’s oversight struggled to increase foreign-currency earnings.
The contrasting performance has become a major concern among exporters and sector experts, who argue that the country’s macroeconomic reform was expected not only to raise total export earnings, but also to expand the volume, value and diversity of the export basket.
Gold...
Artificial intelligence and generative AI are emerging as major cybersecurity risks for Ethiopia’s rapidly expanding financial-services sector, as banks,...
The images have become painfully familiar: overcrowded boats drifting across the Mediterranean, exhausted migrants stranded at fortified borders, and...
Worku Lemma is a towering figure in Ethiopia’s financial and economic landscape, with more than two decades of leadership experience. Having risen through the banking sector from bank clerk to founding president of two commercial banks, his strategic acumen has helped shape the nation’s financial institutions. He currently serves as a board member of Hibret Bank S.C. and is...
Minasie Terefe is an award-winning animation director and Co-Founder of Behagerlij Studio, Ethiopia's premier animation studio. With over 10 years of experience and a background in Architecture and Theology, his work blends structure, emotion, and culturally grounded storytelling. He has directed visually rich shorts including “Zarem Arbegna” and “Endegena”, which have won multiple awards and screened globally. In 2026,...
A business group is looking to acquire an industrial property near Addis Ababa with the following requirements:• Land area: 20,000 sqm- 80,000 sqm (5–20 acres)• Electricity connection available• Shed / Warehouse with 5–20 ton crane capacity• Office building/ staff housing
Interested parties are requested to share their proposal at:Email: ethiopiaproject8@gmail.comMobile: +91 8130994522 (WhatsApp)
Date: 1 August 2026
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Suppliers to participate in the following tenders:
SN Tender SubjectClosing Date1REQUEST FOR QUOTATION RFQ Reference No.: UNHCR RFQ 3310 FOR THE SUPPLY AND DELIVERY OF ICT AND OFFICE EQUIPMENT 7 August 2026 12:59 PM2UNHCR RFP:...
DATE:31 July 2026
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Contractors / Suppliers to participate in the following tender:
#Tender SubjectClosing Date1REQUEST FOR QUOTATION REF. NO.: UNHCR RFQ 3328 FOR GENERATOR SHADE CONSTRUCTION AT UNHCR MELKADIDA SUB OFFICE COMPOUND 7th August 2026 17:00 Hrs. EAT
Tender...
Sale of Unserviceable Printers, Scrap Carpets and Scrap Metals
REF. PRO32-3-PMU/26-5-1
The United Nations Economic Commission for Africa (UNECA) invites interested bidders to participate in a closed bid exercise for the Sale of unserviceable Printers, Scrap Carpets and Scrap Metals.
The bid is to be sold “as is, where is” without recourse to warranties of any kind. Bid with some information will...
Ten young artists from Addis Ababa University’s Alle School of Fine Arts have translated themes of health, rights and personal choice into original paintings at an exhibition opened in Addis Ababa on Wednesday.
Titled “Painting Choices,” the exhibition was organised by UNFPA Ethiopia in collaboration with Laphto Contemporary Art Gallery to mark International Youth Day 2026. The exhibition will remain...
A new historical novel exploring the identity, heritage and social experiences of Ethiopia’s Beta Israel community was launched Tuesday at the Stay Easy Plus Hotel in Addis Ababa.
Titled ‘Behind the Synagogue’ (Kemukrabu Bestjerba), the book was written by Eyosias Esundale and draws on his doctoral research. It combines historical research with narrative fiction to examine the community’s origins, cultural...
By our staff reporter
The Mauritius Commercial Bank Limited (MCB) has provided a strategic financing package to Invictus Investment Company PLC (ADX: INVICTUS), a prominent agro-food enterprise operating in the Middle East and Africa. The package, structured as an acquisition finance and revolving credit facility, aims to support Invictus Investment’s expansion into new markets and strengthen its working capital position as it scales operations.
This financing agreement builds on the existing partnership between MCB and Invictus Investment and underscores a shared commitment to advancing food security...
By our staff reporter
Wingu Africa has launched Wingu Cloud Exchange (WCX), a locally hosted private cloud platform designed for the wider East African region.WCX gives organisations a secure, compliant, cost-effective, and easy-to-use alternative to offshore cloud services. With transparent local-currency pricing, rapid deployment, and instant scalability, it enables businesses to grow workloads without complexity or unpredictable costs. Launching first in Tanzania, the platform will gradually roll out across all Wingu markets, including Ethiopia and Djibouti.
WCX includes Wingu Compute, Wingu Kubernetes, Wingu Drive, and Wingu...