The briefing Cuunfaa Oduu

3 items
Markets · Gabaawwan
US$1.06bnEnsight, from National Bank, Diaspora Service and IFAD figures
AnalysisMarkets · Gabaawwan

Remittances out-earn gold, and the two official counts differ by US$1.06bn

Ergaan maallaqaa warqee caala; lakkoofsonni lamaan doolaara biiliyoona 1.06'n garaagara

Money 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, 2026
A fan of US hundred-dollar banknotes on a wooden table
Milad Mosapoor · Public domain
Markets · Gabaawwan

The foreign exchange auction misses its offer for the first time

Gurgurtaan sharafaa yeroo jalqabaaf hin guutamne

At 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
The skyline of Addis Ababa, where the exchange is based.
ESX LinkedIn Page
Markets · Gabaawwan

The exchange approves eleven companies to list, and names none of them

Gabaan Aksiyoonaa dhaabbilee 11'f hayyama kennus, maqaa isaanii hin ifoomne

Yodit 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 · February 8, 2026