Latest News | The Abay Times

Ethiopia's Reform Showcase Has a Fuel-Shaped Hole in It

The Invest in Ethiopia Forum celebrates real macroeconomic gains — but a single strait 2,000 kilometres away can undo all of them overnight.

Mar 26 · 4 min read

Ethiopia's Reform Showcase Has a Fuel-Shaped Hole in It

Business

Ethiopian Airlines Leases First Boeing 777 Converted Freighters to Operate in Africa

Ethiopian Airlines has agreed to lease two Boeing 777-300ER converted freighters from AerCap Holdings N.V., marking the first time this aircraft type will operate in Africa, the companies announced...

Mar 26 · 2 min read

Ethiopian Airlines Leases First Boeing 777 Converted Freighters to Operate in Africa

Business

Ethiopia Begins $48.8 Million Smart Meter Rollout to Replace Prepaid Cards With Mobile Recharging

The Ethiopian Electric Utility (EEU) is installing 500,000 smart prepaid electricity meters nationwide at a total cost of $48.8 million, a rollout designed to eliminate the prepaid card system that...

Mar 26 · 2 min read

Ethiopia Begins $48.8 Million Smart Meter Rollout to Replace Prepaid Cards With Mobile Recharging

Africa

AU Appoints Former Tanzania President Kikwete as Horn of Africa and Red Sea Envoy

The African Union has designated former Tanzanian President Jakaya Kikwete as High Representative for the Horn of Africa and Red Sea region, according to reports from Ethiopian media outlets.

Mar 25 · 2 min read

AU Appoints Former Tanzania President Kikwete as Horn of Africa and Red Sea Envoy

Business

US Implements Visa Bond Requirements for Some Ethiopian Travelers

The United States has introduced visa bond requirements for certain Ethiopian travelers as a security measure against potential overstays, affecting specific visa categories.

Mar 25 · 1 min read

US Implements Visa Bond Requirements for Some Ethiopian Travelers

World

Iran War Fuel Shock Ripples Through Global South as Ethiopia Faces $4B+ Import Bill Surge

Escalating conflict involving Iran is driving oil prices above $100 per barrel, creating acute economic pressures across the Global South as fuel-dependent nations face surging import costs that th...

Mar 24 · 1 min read

Iran War Fuel Shock Ripples Through Global South as Ethiopia Faces $4B+ Import Bill Surge

Business

Ethiopia Introduces Fuel Conservation Measures as Hormuz Crisis Drives Oil Above $100

Ethiopia's federal government has introduced fuel conservation measures as the ongoing Iran conflict disrupts oil transit through the Strait of Hormuz, pushing global crude prices above $100 per ba...

Mar 24 · 1 min read

Ethiopia Introduces Fuel Conservation Measures as Hormuz Crisis Drives Oil Above $100

Business

Ethiopia's Inflation Falls to 9.7% in February as Monetary Reforms Show Results

Ethiopia's inflation rate dropped to 9.7% in February 2026, marking a significant decline from previous highs as the country's monetary reforms and currency liberalization begin to show stabilizing...

Mar 23 · 1 min read

Ethiopia

Ethiopia conducts ballot draw for 7th general election

Ethiopia's National Electoral Board conducted a ballot draw ceremony for the country's 7th general election as voter registration surpassed 18.5 million citizens midway through the registration per...

Mar 23 · 1 min read

Ethiopia conducts ballot draw for 7th general election

Culture

PM Abiy Opens Luxury Lodge in Afar as Region Eyes Tourism Transformation

Prime Minister Abiy Ahmed inaugurated the Niin Lee Palm Lodge in Afar region, marking a significant step in the government's efforts to develop luxury tourism infrastructure in one of Ethiopia's mo...

Mar 22 · 1 min read

PM Abiy Opens Luxury Lodge in Afar as Region Eyes Tourism Transformation

Ethiopia

National Dialogue Process Shows Growing Divisions Among Stakeholders

Ethiopia's National Dialogue Commission process, designed to foster post-conflict reconciliation, is experiencing deepening divisions among participating stakeholder groups rather than the intended...

Mar 22 · 1 min read

National Dialogue Process Shows Growing Divisions Among Stakeholders

Ethiopia

Tigray Salary Cuts, Territory Evictions Deepen Post-War Tensions

The Tigray regional administration has implemented a 20% salary deduction for government employees, sparking widespread outrage as officials simultaneously allege continued forced evictions in disp...

Mar 21 · 1 min read

Tigray Salary Cuts, Territory Evictions Deepen Post-War Tensions

Africa

Sudan War Devastates Healthcare Infrastructure as Conflict Enters Second Year

Sudan's healthcare system continues to face widespread destruction as the conflict between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) extends into its second year, according...

Mar 20 · 1 min read

Sudan War Devastates Healthcare Infrastructure as Conflict Enters Second Year

Diaspora

Ethiopian Airlines Resumes Direct Atlanta Flights, Reconnecting Largest US Diaspora Hub

Ethiopian Airlines has resumed direct flights between Addis Ababa and Atlanta, restoring a vital connection to one of the largest Ethiopian diaspora communities in the United States.

Mar 19 · 1 min read

Ethiopia

South Sudan army forces 100,000 to flee into Ethiopia

An estimated 100,000 people fled across the border into Ethiopia after South Sudan's army ordered the evacuation of the opposition-held town of Akobo, according to UNICEF.

Mar 19 · 1 min read

South Sudan army forces 100,000 to flee into Ethiopia

Business

Ethiopia Nears Debt Restructuring Milestone as Finance Minister Meets Chinese Delegation

Ethiopia is approaching a significant milestone in its debt restructuring process as Finance Minister Ahmed Shide met with a Chinese delegation to discuss infrastructure funding and debt settlement...

Mar 19 · 1 min read

Ethiopia Nears Debt Restructuring Milestone as Finance Minister Meets Chinese Delegation

Business

Italy Commits to Finance Koysha Hydropower and Bishoftu Airport Under Expanded Partnership

Italy has committed to financing Ethiopia's Koysha Hydropower project and Bishoftu Airport development as part of an expanded bilateral partnership announced during the Ethiopia-Italy forum held in...

Mar 18 · 2 min read

Italy Commits to Finance Koysha Hydropower and Bishoftu Airport Under Expanded Partnership

Business

NBE Pushes Bank Consolidation as Market Share Gap Widens Between Large and Small Lenders

The National Bank of Ethiopia (NBE) is intensifying efforts to consolidate the country's banking sector as the market share disparity between major and smaller lenders continues to widen, according...

Mar 17 · 1 min read

NBE Pushes Bank Consolidation as Market Share Gap Widens Between Large and Small Lenders

Culture

Ethiopia Seeks UNESCO Recognition for Traditional Coffee Ceremony

Ethiopia has launched a campaign to secure UNESCO Intangible Cultural Heritage status for its traditional coffee ceremony, a ritual that has anchored social and cultural life across the country for...

Mar 15 · 1 min read

Ethiopia Seeks UNESCO Recognition for Traditional Coffee Ceremony

Culture

Ivory Coast Drum Return Highlights Ethiopia's Unfinished Restitution Battle

France has returned a sacred 'talking drum' to Ivory Coast, marking another milestone in the European restitution movement that has yet to fully address Ethiopia's claims for artifacts looted durin...

Mar 13 · 2 min read

Ivory Coast Drum Return Highlights Ethiopia's Unfinished Restitution Battle