The briefing Cuunfaa Oduu
20 itemsAll items
Half of the record export year is gold, and that is the risk
Galii alergii keessaa walakkaan warqee qofa ta'uun maaliif yaaddoo ta'e?Gold earned 53% of a US$10.7bn year. A basket that narrow moves with one price and one channel.
Ensight, from Ministry of Trade and Ministry of Mines figures · October 21, 2026Remittances out-earn gold, and the two official counts differ by US$1.06bn
Ergaan maallaqaa warqee caala; lakkoofsonni lamaan doolaara biiliyoona 1.06'n garaagaraMoney sent home beats any single export. How much of it there is depends on which count you read.
Ensight, from National Bank, Diaspora Service and IFAD figures · October 20, 2026A policy rate 0.9 points above inflation: how tight is 16%?
Dhalli imaammataa qaala'iinsa gatii qabxii 0.9'n caala: 16% hammam cimaa dha?The real policy rate is barely positive. The monthly pace says more about where prices are heading.
Ensight, from National Bank and Statistical Service figures · October 19, 2026The miners pay the power bill, and the rains decide for how long
Warri albuudaa kaffaltii humnaa kaffalu; hammam akka itti fufu roobatu murteessaData miners out-paid the domestic supplier last year. A cut to 23% of contract tests that model.
Ensight, from Ethiopian Electric Power figures · October 18, 2026
The exchange approves eleven companies to list, and names none of them
Gabaan dhaabbilee kudha tokkoof hayyama kenne; maqaa garuu hin dhoofneYodit Kassa, chief executive of the Ethiopian Securities Exchange, told Bloomberg in Nairobi that eleven companies have approval in principle to list and that the first, a financial services firm, begins trading…
Ethiopian Securities Exchange, via Bloomberg · September 17, 2026
Kurmuk notifies the ministry that its first gold pour is imminent
Kurmuk warqee jalqabaa baasuuf qophaa'uu beeksiseKurmuk Gold Mine, a subsidiary of Canada's Allied Gold, told the Ministry of Mines it expects its first pour during commissioning.
Capital Newspaper; Ministry of Mines · September 17, 2026
A Guji lot sets a coffee record at the online specialty auction
Bunni Gujii gatii rikardii ga'eThe Ethiopian Coffee and Tea Authority reported a record price of US$2,376 a kilogram, about ETB 380,000, for a Guji lot sold on the M-Cultivo auction.
Ethiopian Coffee and Tea Authority · September 16, 2026
The state bank sets a November deadline to link accounts to Fayda
Baankiin mootummaa herrega Fayda waliin walqabsiisuuf guyyaa kaa'eThe Commercial Bank of Ethiopia gave customers until 9 November to link their accounts to the national digital ID. The deadline covers branches outside Addis Ababa, Dire Dawa, the Harari region and twenty-four other…
Commercial Bank of Ethiopia · September 16, 2026
Electric Power cuts the data miners from 98% of contract to 23%
Humni Elektirikii warra albuuda dijitaalaa 98% irraa gara 23%'tti hir'iseEthiopian Electric Power reduced supply to data mining companies by 75 percentage points because hydrological inflows are falling; hydropower is about 96% of Ethiopian generation. A reassessment is due in October.
Ethiopian Electric Power, via Bloomberg · September 15, 2026
Two remittance figures land a week apart and do not agree
Lakkoofsi ergaa maallaqaa lama torban tokko keessatti bahe; wal hin simneThe Ethiopian Diaspora Service, citing National Bank data, put remittances at US$8.2 billion for the year to 7 July, up from US$7.1 billion.
Ethiopian Diaspora Service; IFAD · September 15, 2026
Power exports to Kenya double at peak from December
Ergi humnaa gara Keeniyaa Muddee irraa dachaa lama ta'aEthiopian Electric Power says peak exports to Kenya rise from 200 MW to 400 MW from December 2026, and off-peak from 65 MW to 150 MW, over the 1,045 kilometer interconnector built for US$1.26 billion.
Ethiopian Electric Power; Capital Newspaper · September 15, 2026
The bank capital deadline passed on 30 June and nobody has published the roll call
Guyyaan kaappitaalaa darbe; eenyu akka guute hin maxxanfamneEvery Ethiopian bank was required to hold ETB 5 billion of paid-up capital by 30 June, ten times the previous minimum, under a directive issued in April 2021.
National Bank of Ethiopia; The Reporter · September 12, 2026
The foreign exchange auction misses its offer for the first time
Gurgurtaan sharafaa yeroo jalqabaaf hin guutamneAt its twenty-eighth auction the National Bank offered US$125 million and sold US$120 million, the first undersubscription since results began being published.
National Bank of Ethiopia; Capital Newspaper · September 9, 2026
Inflation eases to 15.1%, the second highest print of this cycle
Dabalinsi gatii gara 15.1%'tti laafeConsumer prices rose 15.1% in the year to August, down from 15.3% in July but well above the 13.6% of August 2025. Food was 14.9% and non-food 15.4%; education is the fastest single component at 25.3%.
Ethiopian Statistical Service · September 9, 2026
Ethio Telecom sets a 2026/27 plan and promises a first dividend
Itiyoo Telekoom karoora bara 2026/27 kaa'e; bu'aa jalqabaas waadaa galeThe operator targets ETB 295 billion of revenue and 96.2 million customers, with 4G sites rising from 6,924 to 11,014 and population coverage from 82.2% to 95%.
Ethio Telecom; Addis Fortune · September 9, 2026
The state bank's audited accounts arrive without a stated year
Herregni sakatta'ame bara isaa osoo hin ibsin dhufeAudited figures for the Commercial Bank of Ethiopia show net profit of ETB 38.71 billion, up 75.8%, total assets of ETB 2.31 trillion, deposits of ETB 1.695 trillion and a foreign currency loss of ETB 36.71 billion.
The Reporter · September 5, 2026
A record export year, and four fifths of it is gold and coffee
Waggaa al-ergii rikardii; harki afraffaa sadii warqee fi bunaThe Ministry of Trade and Regional Integration put goods exports at US$10.7 billion for the year to 7 July, 114% of target and the highest in the country's history. Gold was US$5.65 billion and coffee US$3 billion.
Ministry of Trade and Regional Integration · September 4, 2026
The central bank and the IFC agree to build a mortgage refinance company
Baankiin Biyyoolessaa fi IFC dhaabbata liqii manaa hundeessuuf waliigalanA framework agreement signed in the presence of the prime minister establishes Ethiopia's first mortgage refinance company, capitalized at ETB 100 billion with an IFC contribution of at least US$200 million, against…
Government Communication Service; ENA · September 3, 2026
Safaricom Ethiopia passes fifteen million active customers
Safaricom Itoophiyaa fayyadamtoota miiliyoona kudha shan darbeFour years after commercial launch the challenger reports 15 million ninety-day active subscribers, more than 3,500 sites and about 60% population coverage.
Safaricom Ethiopia · September 3, 2026
Congress votes to extend AGOA to 2028, and Ethiopia is still not in it
Koongirasiin AGOA hanga 2028'tti dheeresse; Itoophiyaan keessa hin jirtuThe United States Congress passed an extension of the African trade preference program to 31 December 2028. Ethiopia was terminated from it on 1 January 2022 and remains ineligible; a public hearing was held in July…
United States Congress; USTR · September 3, 2026