News/Topic

Economics

Friendship Park Nears a Billion Birr in Revenue in 48 Months

A 46-hectare green space—roughly 65 football pitches—helping cool the city and manage stormwater beyond its aesthetic value.

Aug 12, 2026•Kana Newsroom

Economics

Ethiopian Electric Power Earned $475.5 Million in Foreign Currency This Fiscal Year, Data Centers the Largest Source

Aug 4, 2026•Kana Newsroom

Economics

S&P Global Buys Majority Stake in Africa's Agusto & Co. Rating Agency

Aug 3, 2026•Kana Newsroom

Economics

EU and Germany Put €31 Million Through Ethiopia’s Development Bank to Reach Businesses in Afar, Amhara and Tigray

Jul 29, 2026•Kana Newsroom

Economics

Ethiopia's Industrial Parks Export a Record $266.9 Million, 2.5 Percent of National Total

Jul 28, 2026

More Economics

Economics

Ethiopian Electric Power Earned $475.5 Million in Foreign Currency This Fiscal Year, Data Centers the Largest Source

Sales to technology and crypto-mining operations reached $335.5 million in the 2018 Ethiopian Fiscal Year, more than the company earned from exporting power to three neighboring countries

Aug 4, 2026•Kana Newsroom

Economics

S&P Global Buys Majority Stake in Africa's Agusto & Co. Rating Agency

The stake in Nigeria's Agusto & Co. lands as the continent's own rating project misses its second launch date

Aug 3, 2026•Kana Newsroom

Economics

EU and Germany Put €31 Million Through Ethiopia’s Development Bank to Reach Businesses in Afar, Amhara and Tigray

The loan is channelled through four commercial banks and one microfinance institution at a subsidised interest rate. Businesses in conflict-affected regions are commercially unfinanceable under standard terms.

Jul 29, 2026•Kana Newsroom

Economics

Ethiopia's Industrial Parks Export a Record $266.9 Million, 2.5 Percent of National Total

IPDC's record year traces to a 2014 developmental-state model, a 2022 AGOA suspension, and an economy that has since reformed around it

Jul 28, 2026

Bags of Ethiopian coffee beans ready for export

Economics

Ethiopia Earns Record $11.2 Billion in Exports and Ships First Goods Under Africa’s Free Trade Agreement.

Ethiopia beat its export target by 19 percent and reported its first $15 million in shipments under the AfCFTA framework — 65 percent of all AfCFTA trade in the East African region during the fiscal year.

Jul 18, 2026•Kana Newsroom

Economics

Addis's Bus Fleet Grows to 1,628; City Orders 500 More

Public transport's share of the capital's trips has more than quadrupled in recent years, but the fleet still trails what planners have said the city needs.

Jul 13, 2026•Kana Newsroom

Economics

Ethiopia's Avocado Harvest Starts in July. Peru's Runs Out in September. That Two-Month Window Is What the Country Is Building Its Export Strategy Around.

Ethiopia is Africa’s second largest avocado producer and exports at 15 to 25 percent below Kenya’s price. The Ministry of Agriculture has a plan to close that discount.

Jul 11, 2026•kana

Ethio Telecom's ultra-fast EV charging station

Economics

Addis Ababa to Host Nordic-Africa EV Summit in September as Norway and Ethiopia Compare Notes on Electric Vehicles.

Norway got to 98 percent electric new car sales in 30 years through incentives.

Jul 9, 2026•Kana Newsroom

PM Abiy Ahmed and IMF Managing Director Kristalina

Economics

IMF Sends Ethiopia $200 Million Early to Help with Middle East War-Related Costs

Early IMF disbursement helps Ethiopia absorb rising fuel and fertiliser costs linked to the Middle East conflict.

Jul 6, 2026•Kana Newsroom

Economics

The World Bank Approves $750 Million for Kenya to Strengthen Public Financial Management and Governance.

Kenya's debt is 68% of GDP, with 86% of tax revenue going to debt, wages, and county transfers. The $750 million loan also comes with governance conditions.

Jul 6, 2026•Kana Newsroom

Economics

Ethiopia’s Railway to the Sea Carried 9 Percent of Its Exports Two Years Ago. Now It Carries 50 Percent.

The Ethio-Djibouti Railway is expanding with new wagons, a logistics hub near the coffee belt, and online bookings. Trucks still move 84% of Ethiopia’s trade.

Jul 1, 2026•Kana Newsroom

Economics

Addis Ababa Is Turning 47 Kilometres of Polluted River Into a Business District. Here Is the Economic Bet Behind It.

The Entoto-Kebena project spans 87.6 hectares, 10.5km and 50,330 trees. As Seoul and Singapore proved, restoring rivers grows property values and tax revenue - not just the environment.

Jun 29, 2026•Kana Newsroom

Economics

Ethiopia Spent $525 Million Subsidizing Fertilizer Imports This Year. A $4 Billion Plant Under Construction Could Change That.

The Ministry of Agriculture has distributed 10.7 million quintals of fertilizer this Meher season, more than any year before.

Jun 29, 2026•Kana Newsroom

Economics

Ethiopia’s 18-month-old Stock Exchange Has Four Listed Companies, 19,000 New Investors

The Ethiopian Securities Exchange is 18 months old. It has moved faster than most new exchanges on the continent.

Jun 25, 2026•Kana Newsroom

Economics

Addis is converting 2,000 diesel buses to run on Ethiopian gas.

Rising fuel costs, a widening subsidy bill, and global supply disruptions have pushed Addis to convert 2,000 city buses to run on Ethiopian gas. The question is who holds the margin when the fleet finally runs on it.

Jun 6, 2026•Kana Newsroom

Economics

Why Growing Truly Organic Coffee Still Forces Africa’s Women Farmers to Sell Dirt Cheap

The world is paying more for sustainably produced coffee, shea butter, and textiles. Across Africa, many of the women who make them cannot afford the certification needed to claim the premium.

Jun 4, 2026•Kana Newsroom

Economics

Ethiopia's MESOB, Which Now Delivers 130 Government Services From One Centre, Holds Its First Board Meeting

MESOB replaces hundreds of services that once meant multiple offices, long queues, and often informal payments. Its first board meeting just happened. The scale of the change is the story.

Jun 4, 2026•Kana Newsroom

Economics

Norway to Discuss Electric Vehicle Investment in Ethiopia at the Nordic-Africa EV Summit in Addis, Scheduled for September

The country that ended petrol as a mainstream product wants to invest in Ethiopia’s e-mobility sector. The gap between a Norwegian showroom and an Addis street is real. So is the opportunity.

Jun 4, 2026•Kana Newsroom

Economics

Addis Ababa Opens 22 Kilometers of New Riverfront as Urban Renewal Efforts Accelerate

The 22-kilometer development combines recreation areas, river conservation initiatives, and public infrastructure as part of Addis Ababa's ongoing urban development efforts.

Jun 2, 2026•Kana Newsroom

Economics

Ethiopia's Central Bank Deploys $200 Million in Scheduled Foreign Exchange Auctions, Signaling Reform Momentum to Investors

$200 Million in Scheduled FX Auctions Underscores Ethiopia's Reform Momentum

Jun 2, 2026•Kana Newsroom

Economics

New Underwater Map of Ethiopia’s Blue Nile Reservoir Clears the Way for Commercial Fishing and Boat Transport

Arba Minch University hands over the country’s first bathymetric survey of Africa’s largest reservoir, giving engineers, fisheries authorities, and transport planners data they have never had before.

Jun 2, 2026•Kana Newsroom