Meskel Flower, Duki Building
Bole, Addis Ababa, Ethiopia.
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Ethiopia’s Electric Vehicle Market Accelerates After Fossil-Fuel Import Ban
- February 20, 2026
- Posted by: Samson
- Categories: Economy, Featured Articles
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Ethiopia’s 2024 ban on fossil-fuel vehicle imports has triggered a sharp rise in electric vehicle adoption. Backed by hydropower and competitive Chinese EV pricing, the country is reshaping its transport market.
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Ethiopia Unveils Major Liberalization of Foreign Exchange Rules
- February 11, 2026
- Posted by: Samson
- Categories: Economy, Featured Articles
The National Bank of Ethiopia’s new directive relaxes long-standing FX restrictions, allowing exporters full retention of earnings, expanding access for businesses and individuals, and simplifying cross-border payments. These measures are expected to boost liquidity, strengthen market confidence, and create a more predictable environment for trade, investment, and digital commerce.