Wednesday, May 27, 2026

Staff Reporter

Dubai Chambers engages in a series of meetings in Addis Ababa to strengthen trade and investment ties between Dubai and Ethiopia

Dubai, UAE – Dubai Chambers has held a series of meetings with government entities, economic institutions, and investment organisations in Addis Ababa to explore...

Abu Dhabi Fund for Development tracks progress on major African infrastructure projects

The Abu Dhabi Fund for Development (ADFD) has reported significant progress across a portfolio of key infrastructure projects in Africa, underscoring its sustained commitment...

Ethio Telecom Debuts on Ethiopian Securities Exchange after Verifying 45,000 Shareholders

Ethio Telecom has officially announced the launch of a trading system on the Ethiopian Securities Exchange (ESX), enabling shareholders to easily transfer, sell, and...

Ethiopia lifts monopoly on China-bound export licenses, opening access to all commercial banks

The Government of Ethiopia has officially lifted the long-standing restriction that limited the issuance of export licenses for goods destined for the People's Republic...

NBE eases LC rules, caps fees in FX reform push

The National Bank of Ethiopia (NBE) has revised its foreign-exchange directive to allow commercial banks to approve Letters of Credit (LCs) and Cash Against...

Elon Musk’s SpaceX plans for biggest IPO in history to shake Wall Street

SpaceX’s IPO filing – the biggest in history - shows AI’s next trillion-dollar trade is infrastructure, not software, affirms the CEO of global financial...

COP 31 President urges world to switch on to electrification

COP31 President-Designate Murat Kurum called for an urgent increase in the pace of electrification of the world economy, saying it was critical to the...

Africa cannot industrialize in the dark, says ECA chief as continent weighs nuclear energy future

Africa must urgently close its electricity gap if it is to industrialize, expand regional value chains and deliver on the promise of the African...

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