The briefing Cuunfaa Oduu

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Economy · Diinagdee
53%Ensight, from Ministry of Trade and Ministry of Mines figures
AnalysisEconomy · Diinagdee

Half of the record export year is gold, and that is the risk

Waggaa al-ergii rikardii keessaa walakkaan warqee dha; balaan isaas kanuma

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, 2026
Cast gold bars, of the kind a first pour produces.
Szaaman · Public domain
Economy · Diinagdee

Kurmuk notifies the ministry that its first gold pour is imminent

Kurmuk warqee jalqabaa baasuuf qophaa'uu beeksise

Kurmuk 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
An Ethiopian one-birr banknote from 1998
Flosegura · CC0
Economy · Diinagdee

Two remittance figures land a week apart and do not agree

Lakkoofsi ergaa maallaqaa lama torban tokko keessatti bahe; wal hin simne

The 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
Traders and shoppers among vegetable stalls at Merkato, Addis Ababa
Diego Delso · CC BY-SA 4.0
Economy · Diinagdee

Inflation eases to 15.1%, the second highest print of this cycle

Dabalinsi gatii gara 15.1%'tti laafe

Consumer 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
A worker carries a sack past thousands of stacked coffee bags in a warehouse
DFID - UK Department for International Development · CC BY 2.0
Economy · Diinagdee

A record export year, and four fifths of it is gold and coffee

Waggaa al-ergii rikardii; harki afraffaa sadii warqee fi buna

The 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