Ethiopia’s central bank keeps its policy rate unchanged as Treasury bills trade well below it, amid liquidity fuelled by gold. Bankers, however, dispute the excess-liquidity explanation, Addis Fortune reported on 8 November 2026.
African Union Commission Chairperson Mahmoud Ali Youssouf praised Ethiopian Prime Minister Abiy Ahmed’s political leadership and his vision for transforming the country. The statement was made on 6 November 2026 in Addis Ababa, during the Second African Summit of Political Parties, according to Ethiopian agency Fanamc.
Corruption is weakening the performance of Kenya’s economy, despite expected economic growth of 4.6% in 2026, according to the World Bank’s latest report. Presented on 4 November in Nairobi, the report highlights that the country could achieve better economic results if corrupt practices were curbed, reports RFI.
Smallholders grow more than 95% of Ethiopia’s coffee, but European buyers have mapped most of their plots yet. A national system is registering millions of producers, while exporters and cooperatives document farms to meet new European requirements, reports Addis Fortune.
Ethiopia is reallocating up to $543 million from projects already funded by the World Bank to cushion the rise in fuel and essential goods prices, according to Addis Fortune. The shift comes as the Bretton Woods institution considers emergency aid for 30 to 40 countries hit by an energy surge linked to tensions in the Middle East.