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Economics

Why Kenya’s New $16 Billion Refinery Matters for Everyday Ethiopian Drivers

Last week Prime Minister Abiy Ahmed joined regional leaders to launch a 700,000-barrel-a-day mega-plant, reviving the stalled LAPSSET corridor and opening a massive secondary fuel artery to complement Djibouti.

Oct 5, 2026•Kana Newsroom

Business

EIH Advances $55 Million Hilton Expansion to add to Addis Ababa's COP32 Hospitality Capacity

Oct 2, 2026•Kana Newsroom

Economics

Ethiopia Opens Doors to Foreign Banks: Central Bank Reviews First Two Greenfield Subsidiary Applications

Oct 1, 2026•Kana Newsroom

Government & Policy

Ethiopian Capital Market Clears Way for Everyday Savers to Pool Funds into Prime Real Estate and Stocks

Sep 28, 2026•Kana Newsroom

Economics

What You Need to Know About the $660M EIH-Dangote Pipeline Restructuring Ethiopia's Fuel Logistics

Sep 25, 2026•Kana Newsroom

Business

EIH Advances $55 Million Hilton Expansion to add to Addis Ababa's COP32 Hospitality Capacity

A new 150-key Hilton Garden Inn and wellness complex will rise within the existing Hilton compound by late 2027, upgrading the capital’s diplomatic infrastructure ahead of the UN climate summit.

Oct 2, 2026•Kana Newsroom

Economics

Ethiopia Opens Doors to Foreign Banks: Central Bank Reviews First Two Greenfield Subsidiary Applications

Speaking at the EFF today, central bank officials outline the expanding regulatory pathways for foreign lenders, highlighting deep international confidence in Ethiopia’s ongoing macroeconomic reforms.

Oct 1, 2026•Kana Newsroom

Government & Policy

Ethiopian Capital Market Clears Way for Everyday Savers to Pool Funds into Prime Real Estate and Stocks

The new legal framework lets citizens with modest savings pool their cash to become fractional owners of commercial high-rises and corporate shares with mandatory dividend payouts.

Sep 28, 2026•Kana Newsroom

Economics

What You Need to Know About the $660M EIH-Dangote Pipeline Restructuring Ethiopia's Fuel Logistics

A shorter route and massive border storage replace a decade of stalled pipeline mega-projects, cutting the capital bill by nearly a billion dollars against the last attempt in 2015.

Sep 25, 2026•Kana Newsroom

Government & Policy

Ethiopia's Fayda ID System Takes Runner-Up Honors at Two Global Digital Awards in New York.

The biometric platform placed second at both the Digital@UNGA Awards (behind Ukraine’s Diia) and the 50-in-5 Awards, global recognition for a system Ethiopia built entirely without purchasing foreign software.

Sep 23, 2026•Kana Newsroom

Economics

Ethiopia's Afar Region, Known for Its Arid Plains, to Host the Date Palm Festival for the Second Time

Local harvests slash foreign procurement expenditures from $9.8 million down to $650,000 as the UAE-backed agricultural initiative eyes a 25,000-hectare expansion across the lowlands.

Sep 22, 2026•Kana Newsroom

International

Russia Negotiates to Expand Fertilizer Exports to Ethiopia After Shipping 500,000 Tonnes

Agriculture Minister Oksana Lut confirmed ongoing negotiations to scale up deliveries, positioning Moscow to capture a larger share of Ethiopia's 2.5 million-tonne annual agricultural input requirement.

Sep 22, 2026•Kana Newsroom