Ethiopia’s budget deficit is projected to widen to 1.4% of gross domestic product in the coming fiscal year.
Drivers refuel their vehicles at a petrol station during a fuel shortage in Addis Ababa on March 27, 2026. Ethiopians said on March 27, 2026 they slept in their cars in hours-long queues for petrol as shortages caused by the Middle East war began to take their toll. The effective blockade of the Strait of Hormuz by Iran, through which a fifth of the world's oil and gas normally passes, has caused shortages in many countries. Ethiopia, a nation in the Horn of Africa with around 130 million people, is particularly vulnerable as it imports all its petrol, primarily from the Gulf. (Photo by Marco Simoncelli / AFP via Getty Images)
Ethiopia’s ruling party took a commanding lead as preliminary results trickled in from elections that are widely expected to hand Prime Minister Abiy Ahmed another five-year term.
Ethiopia’s ruling party took a commanding lead as preliminary results trickled in from elections that are widely expected to hand Prime Minister Abiy Ahmed another five-year term.
A voter casts his ballot at polling station in Addis Ababa on June 1.
Bound for another term, Ethiopia’s prime minister has a long list of tensions to deal with.
Abiy Ahmed, Ethiopia's prime minister, speaks during the Grand Ethiopian Renaissance Dam (GERD) opening ceremony in Guba, Ethiopia, on Tuesday, Sept. 9, 2025. Ethiopia inaugurated on Tuesday Africa’s biggest hydroelectric dam, a colossal feat of engineering that could power homes and industries across East Africa, while deepening a years-long dispute with Egypt and Sudan over the Nile’s flow. Photographer: Amanuel Sileshi/Bloomberg
Ethiopian Prime Minister Abiy Ahmed looks set to secure another five-year term in Monday’s elections, extending a tenure initially marked by sweeping reforms and later marred by civil conflict and rising regional tensions.
Ethiopian Prime Minister Abiy Ahmed looks set to secure another five-year term in Monday’s elections, extending a tenure initially marked by sweeping reforms and later marred by civil conflict and rising regional tensions.
Abiy Ahmed at the opening of the Grand Ethiopian Renaissance Dam in Guba, Ethiopia, in September 2025.
Ethiopia’s finance ministry said restructuring talks with some bondholders fell through after they rebuffed its latest proposal for them to take a 12% loss, drawing out a default that dates back to December 2023.
Ethiopia’s finance ministry said restructuring talks with some bondholders fell through after they rebuffed its latest proposal for them to take a 12% loss, drawing out a default that dates back to December 2023.
Ethio telecom listed on Ethiopia’s nascent stock market more than a year since the close of its initial public offering and marking the nation’s maiden IPO.
Ethio telecom listed on Ethiopia’s nascent stock market more than a year since the close of its initial public offering and marking the nation’s maiden IPO.
Dangote Group and Ethiopian Investment Holdings submitted a proposal to develop oil and gas pipelines through Djibouti, according to the small Horn of Africa state.
Dangote Group and Ethiopian Investment Holdings submitted a proposal to develop oil and gas pipelines through Djibouti, according to the small Horn of Africa state.
Sudan and Ethiopia traded accusations after a drone attack on the war-torn nation’s capital, Khartoum, that’s ratcheted up tensions between the African neighbors.
Sudan and Ethiopia traded accusations after a drone attack on the war-torn nation’s capital, Khartoum, that’s ratcheted up tensions between the African neighbors.
Heavily damaged aircraft at Khartoum International Airport in Khartoum on April 28.
Ethiopia’s biggest privately held bank became the latest company to list on the the nation’s nascent stock market, bringing the number of listings to four.
Ethiopia’s biggest privately held bank became the latest company to list on the the nation’s nascent stock market, bringing the number of listings to four.
A sign above the office of Awash International Bank SC in Addis Ababa.
Ethiopia has signed $13.1 billion of investment deals spanning renewable energy, manufacturing, real estate, mining and green ammonia, according to the government.
Ethiopia has signed $13.1 billion of investment deals spanning renewable energy, manufacturing, real estate, mining and green ammonia, according to the government.
Ethiopia is set to keep supporting its currency after spending $1.35 billion buying birr this year, an amount that equates to roughly a quarter of its known central bank reserves.
Ethiopia is set to keep supporting its currency after spending $1.35 billion buying birr this year, an amount that equates to roughly a quarter of its known central bank reserves.
The birr was among several African currencies to be devalued in recent years.
China’s Golden Concord Group Ltd. agreed to supply natural gas to Aliko Dangote’s planned fertilizer unit in Ethiopia for 25 years in a deal valued at $4.2 billion.
China’s Golden Concord Group Ltd. agreed to supply natural gas to Aliko Dangote’s planned fertilizer unit in Ethiopia for 25 years in a deal valued at $4.2 billion.
A landslide in Ethiopia’s southern Gamo region after days of torrential rain led to the deaths of at least 65 people, according to a government agency.
A landslide in Ethiopia’s southern Gamo region after days of torrential rain led to the deaths of at least 65 people, according to a government agency.
Locals search for the bodies of mudslide victims in the Gacho Baba district of the Gamo Zone in southern Ethiopia on Tuesday, March 10, 2026. (Gacho Baba District Government Communication Affairs Department via AP)
Eritrea has denied claims its troops are occupying Ethiopian regions along their common border, amid rising tensions between the neighbors and fears of a resumption of conflict.
Eritrea has denied claims its troops are occupying Ethiopian regions along their common border, amid rising tensions between the neighbors and fears of a resumption of conflict.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
Ethiopia will return to double-digit economic growth this fiscal year after reforms backed by the International Monetary Fund eased foreign exchange constraints and strengthened exports.
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