Today's Brief · 6:00 AM
Birr softens against dollar as T-bill yields tick higher
Official rate eased 0.15% while parallel spread widened to 35%. 91-day T-bill cleared at 15.35%, up 10bps. ESX volume crossed 124k shares led by Wegagen and Ethio Telecom on earnings run-up.
Read full briefFX Snapshot
All rates →| Pair | Buy | Sell | Δ |
|---|---|---|---|
| USD/ETB | 156.44 | 152.00 | +2.00 |
| USD/ETB | 156.44 | 152.00 | +2.00 |
| USD/ETB | 156.44 | 152.00 | +2.00 |
| USD/ETB | 156.44 | 152.00 | +2.00 |
| TEST/ETB | 1.00 | 2.00 | +0.00 |
| TEST/ETB | 1.00 | 2.00 | +0.00 |
Latest News
All news →- Ethiopia's Flourishing Business Climate Boosting Italian Investment2026-04-23· https://www.ena.et/web/eng/w/eng_8709859Italian investment in Ethiopia has reached approximately 723 million Euros, with over 20 Italian companies participating in Big 5 Construct Ethiopia 2026. Officials credit Ethiopia's economic reforms with attracting foreign capital and growing Italian exports.
Macro
- Ethiopia Substitutes Close to 5 Billion USD Worth of Imports In Nine Months2026-04-23· https://www.ena.et/web/eng/w/eng_8706015Ethiopia substituted $4.85 billion of imports with locally produced goods over nine months under the Made in Ethiopia initiative. Manufacturing sector growth accelerated from 4.8% to over 13%, with 754 new industries entering production.
Macro
- Czech Republic Seeks to Deepen Economic Ties with Ethiopia2026-04-22· https://www.ena.et/web/eng/w/eng_8702739Czech-Ethiopian trade stands modest at $8.59M in Czech exports and $7.77M in Ethiopian exports during 2024. The Ethio-Czech Business Forum identified opportunities in water, sanitation, irrigation, waste management, transport, and healthcare.
Policy
- EU Resumes Direct Budgetary Support to Ethiopia2026-04-20· https://capitalethiopia.com/2026/04/20/eu-resumes-direct-budgetary-support-to-ethiopia/The European Union officially reinstated direct budgetary assistance to Ethiopia following a prior suspension tied to policy conditions. The move marks a significant development in EU-Ethiopia financial relations.
Policy
- Ethiopia Among Africa's Strongest Performers in 2025, IMF Says2026-04-19· https://capitalethiopia.com/2026/04/19/ethiopia-among-africas-strongest-performers-in-2025-imf-says/The IMF highlighted Ethiopia as one of Africa's fastest-growing economies in 2025, crediting sound domestic policy choices. Reforms including exchange-rate adjustments and fuel subsidy reductions are improving external balances, though fuel supply pressures and aid reductions remain risks.
Macro
- Time for Deals, Not Declarations as Europe Eyes Deeper Investment in Ethiopia2026-04-19· https://capitalethiopia.com/2026/04/19/time-for-deals-not-declarations-as-europe-eyes-deeper-investment-in-ethiopia/European Commissioner Jozef Sikela outlined the EU's Global Gateway strategy to mobilize investment across multiple sectors in Ethiopia. The statement signals a shift from dialogue to concrete economic engagement.
Policy
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