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Ethiopia Inaugurates First Phase of Ogaden LNG Project in Somali Region

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Published on 02 October 2025
Category: Energy and Mining

Ogaden Gas

Prime Minister Abiy Ahmed today inaugurated the first phase of the Ogaden Liquified Natural Gas (LNG) Project in Calub, Somali Region of Ethiopia. The facility, with an annual production capacity of 111 million liters, marks a milestone in Ethiopia’s drive to harness its natural gas reserves for national development.

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Ethiopia: Capital Market Authority Grants Licenses to Three Service Providers

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Published on 02 October 2025
Category: Capital Market and Commodity Exchange

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The Ethiopian Capital Market Authority has officially announced the licensing of three new capital market service providers, expanding the number of licensed firms from eight to eleven.

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Ethiopia: Debre Berhan Attracts Birr 2.6 Billion in New Investments in 2024/25

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Published on 02 October 2025
Category: Latest Business Alerts

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Debre Berhan City has reported strong investment growth in the first quarter of 2024/25, with 24 investors securing new licenses and registering a combined capital of Birr 2.6 billion.

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Ethiopia: Abyssinia Bank Reports Strong Performance in 2024/25 Fiscal Year

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Published on 30 September 2025
Category: Banking and Finance

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Abyssinia Bank has announced that it earned Birr 10.1 billion in unaudited profit during the 2024/25 fiscal year. This represents a 91.4 percent increase compared to the previous fiscal year. The announcement was made during the Bank’s 29th Annual General Meeting of Shareholders.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 29 September 2025

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Published on 30 September 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 29 September 2025.

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Ethiopia: NBE Holds Interest Rate at 15%, Raises Credit Growth Ceiling to 24%

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Published on 29 September 2025
Category: Banking and Finance

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The National Bank of Ethiopia (NBE) has announced it will keep its benchmark interest rate steady at 15 percent while easing the ceiling on credit growth to 24 percent for the 2025/26 fiscal year. The decision was made during the fourth meeting of the NBE’s Monetary Policy Committee (MPC) on September 25, 2025.

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Ethiopia: Government Implements 30% Fuel Tax Amid Inflation Concerns

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Published on 29 September 2025
Category: Energy and Mining

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The Ministry of Finance has announced the full implementation of a combined 30 percent tax on petroleum products for the 2025/26 fiscal year, consisting of a 15 percent value-added tax (VAT) and a 15 percent excise duty.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 26 September 2025

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Published on 27 September 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 26 September 2025.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 25 September 2025

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Published on 26 September 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 25 September 2025.

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Ethiopian Commodity Exchange Expands Product Offerings

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Published on 25 September 2025
Category: Capital Market and Commodity Exchange

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The Ethiopian Commodity Exchange (ECX) has announced plans to introduce three new products to its trading platform as part of its ongoing efforts to modernize and expand the country’s commodity market. The new products set to be integrated into the exchange include cotton, opal, and leather.

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