The dollar is expected to remain weak in 2026, after its worst decline in years, amid a slew of factors that are keeping market watchers on edge. “The fate of the US dollar will continue to be a big story in 2026,” said Gregor Hirt, chief investment officer at Allianz Global Investors. Why dollar's strength mattersThe US dollar, the world's biggest reserve currency, ended last year tumbling about 9 per cent against a basket of currencies for its worst showing since 2017. Unlike gold, which has an inverse effect on the dollar, currencies weaken when interest rates are cut. In emerging markets, for instance, stablecoins could be used domestically as an alternative to local currency, broadening dollar access but challenging monetary control if domestic currency use declines, supporting the dollar, analysts at US asset manager BlackRock said in its 2026 Global Outlook.

January 01, 2026 16:59 UTC

Both of Ethiopia’s operators – Ethio Telecom and Safaricom – have announced tariff rises, citing current macroeconomic conditions as the main reason, alongside increased investment requirements for network expansion and service quality. The ITWeb Africa news service calls this the company's most aggressive pricing adjustment since entering the Ethiopian market two years ago. Both price adjustments are being widely described as a response to the depreciation of the Ethiopian currency, following the government’s decision to allow the birr to float freely in mid-2024. That said, in November parent company Safaricom reported a narrower loss in its Ethiopian operations along with sustained growth in mobile money and data services. Safaricom Ethiopia’s customer base now stands at around 11.1 million users, impressive for a relative newcomer, although Ethio Telecom can now boast an estimated 86 million subscribers.

January 01, 2026 16:21 UTC

(3 Minutes Read)Zenith Bank is headquartered in Lagos, Nigeria, and is a sizable financial institution operating through branches and representative offices in Africa and key international financial centers, providing corporate, retail, digital, and infrastructure financial services. Lagos-based Zenith Bank is the latest to show interest in joining the Ethiopian financial sector, more than a year after Parliament ratified legislation opening the banking industry to foreign investment. Zenith Bank is headquartered in Lagos, Nigeria, and is a sizable financial institution operating through branches and representative offices in Africa and key international financial centers, providing corporate, retail, digital, and infrastructure financial services. They can incorporate a subsidiary in Ethiopia, buy stakes in a domestic bank, establish a local branch office, or open a representative or liaison office. The law caps foreign investment in a bank at 40 percent ownership, while a domestic bank cannot sell more than 49 percent of its authorized shares to foreign investors.

January 01, 2026 16:12 UTC

Mali and Burkina Faso have announced travel restrictions on American citizens after the United States added both countries to a no-entry list. The move brought to nearly 40 the number of countries whose citizens face restrictions in coming to the United States solely by virtue of nationality. In Mali, the move to respond to America in kind appears to have the backing of its citizens. Neither the United States nor France will be able to make us bend.”Electrical engineer Diakaridja Sidibé said Mali's response was appropriate:"It is a diplomatic struggle. Burkina Faso said in October it refused to take in people kicked out of the United States, in a snub to one of Trump's signature migration policies.

January 01, 2026 15:32 UTC

Argument 3: TPLF Cooperation as Evidence of Mature Political CalculationIf Fano and TPLF have indeed found common ground, this represents sophisticated political evolution, not betrayal. The Impossibility of Fano BetrayalHere’s the philosophical crux: You cannot betray someone who first betrayed you through systematic deception. Now claims moral injury because they seek survivalThis is moral incoherence. Fano owes nothing to a social contract that never existed—they were conscripted through lies into a manufactured conflict. Admitted to the manipulation through ministerial testimonyFano’s potential cooperation with TPLF or Eritrea—whether real or alleged—represents rational response to genocidal threat, not moral failure.

January 01, 2026 14:42 UTC





Ethiopian Investment Holdings (EIH) has introduced a new digital platform named Adera, developed to collect reports related to corruption and malpractice within state owned enterprises under its management. The platform was presented as a measure to address issues that may affect the operations of development organizations. It is also positioned as a response to challenges related to safety concerns and limited channels for reporting misconduct. It manages state owned enterprises with a stated goal of supporting long-term national economic development. Access to the reporting tool is available at https://adera.eih.et.

January 01, 2026 13:58 UTC

Dozens of new Maryland laws will go into effect to start 2026 Dozens of new Maryland laws will go into effect to start 2026

January 01, 2026 12:53 UTC

This comprehensive guide explores the leading concrete mixer pump brands operating in Africa and their price ranges to help contractors make informed purchasing decisions. Understanding Concrete Mixer PumpsA concrete mixer pump is an innovative piece of construction equipment that combines two critical functions: mixing and pumping concrete. Top Concrete Mixer Pump Brands in Africa1. Available Equipment:Concrete mixer pumps (30-40 m³/h capacity)Diesel trailer pumps (various capacities)Self-loading concrete mixersPrice Range:Mixer pumps: USD 18,000 – USD 35,000Self-loading mixers: USD 12,000 – USD 70,0009. The African Concrete Pump Market OutlookThe African concrete pump market continues expanding, with projections indicating growth rates of 5.2% CAGR through 2035, outpacing global averages.

January 01, 2026 08:35 UTC

Snow showers and more arctic temperatures in Maryland Snow showers and more arctic temperatures in Maryland

January 01, 2026 06:31 UTC

The war in Sudan is no longer confined within its borders or limited to the edges of the Blue Nile region. He views them as part of a military strategy aimed at exhausting the Sudanese state by opening multiple fronts. He said that “forces have been assembled, trained and fully equipped in Ethiopia, receiving substantial logistical support under Emirati sponsorship, in what is known as the ‘stretching the limbs’ operation.”The United Arab Emirates has denied involvement in the war in Sudan, describing reports that it has supplied weapons to the Rapid Support Forces as unfounded allegations. This is the area where the Grand Ethiopian Renaissance Dam is located.”On the ground, experts say a confrontation is drawing closer. “The training of Rapid Support Forces in open camps and their preparation in Ethiopian areas are real and documented facts observed by the Sudanese side, and the Sudanese government will deal with them,” he said.

December 31, 2025 23:59 UTC

Addis Ababa — The Grand Ethiopian Renaissance Dam (GERD) marks a definitive turning point in Ethiopia's quest for economic sovereignty, international energy expert Mikael A. Gorsky said. Gorsky, who is a recipient of the Global Energy Association Award, said, the dam, by doubling the country's energy capacity, will provide the essential foundation for industrial growth. Despite the scale of the GERD, Gorsky urged a focus on the future, noting that Ethiopia's energy needs are far from satisfied. He further elaborated on the need for a diversified energy strategy, incorporating solar, wind, and natural gas to complement Ethiopia's hydroelectric strengths. While the GERD is a historic achievement, it serves as the essential first step in a broader march toward total energy abundance and regional prosperity, the expert concluded.

December 31, 2025 23:45 UTC

Addis Ababa, December 31, 2025 (ENA)—Addis Ababa University (AAU) has reaffirmed its commitment to attaining international competitiveness while serving as a central driver of Ethiopia’s national development. The remarks came during senior university officials' addresses at the institution’s 75th Diamond Jubilee celebrations. The university marked its 75th anniversary with a vibrant three-hour outdoor celebration stretching from Arat Kilo to Sidist Kilo. “Our vision is to reach our centenary standing shoulder to shoulder with the leading institutions worldwide,” he said. In a press briefing held on November 18, 2025, AAU President Samuel Kifle highlighted the importance of leveraging the university’s legacy as it implements a landmark 24-month autonomy reform.

December 31, 2025 22:29 UTC

Addis Ababa, December 31, 2025 — Ethiopian President Taye Atske-Selassie has extended his warmest New Year greetings to Ethiopia’s international partners, friends, and colleagues around the world as the global community welcomes 2026. In a message shared on his social media platform X (formerly Twitter), President Taye said: “I extend my warmest New Year’s greetings and best wishes to our partners, friends and colleagues around the world. He wished that the year 2026 be a year of peace, prosperity and closer cooperation. “With heartfelt greetings!”Recall that Prime Minister Abiy Ahmed had also sent New Year Greetings to Ethiopia’s partners and the global community observing the occasion. In his.message the Prime Minister said, “It is a time to renew our commitment to one another, providing that when we walk together, no mountain is too high and no dream is out of reach.”

December 31, 2025 22:23 UTC

We took down six soldiers,” said Tadlo Dessie, a spokesperson for one branch of the Fano militia. But the soldiers shot at us,” he said. “The soldiers shot him as he left his home to go to his field, a sickle in his hand,” recounts the young mother, who witnessed the scene. “They threatened to kill me if I tried to retrieve his body,” she adds. We know the terrain very well and receive information from local communities about the location of the military,” said spokesperson Tadlo Dessie, convinced that his comrades will overthrow the government within a year.

December 31, 2025 21:12 UTC

BorkenaToronto – After his interview with Aljazeera which became viral and a talking point among Ethiopians on social media and beyond, Getachew Reda appeared at NBC Ethiopia. In part one of this interview, he revealed unheard of details about the war that TPLF started in 2020. “Before the war Abiy told TPLF leaders that Shabiya [Eritrea] would take advantage of it and that he could not stop them,” he said. The study conducted during his interim administration reportedly revealed that Eritrean troops committed 76 percent of rape in the region during the war. Video : embedded from NBC Ethiopia YouTube channelCover photo : Screenshot from the videoSupport Borkena https://borkena.com/subscribe-borkena/Borkena Ethiopian News Youtube ChannelJoin our Telegram Channel : t.me/borkenaLike borkena on FacebookAdd your Business to Ethiopian Business Listing / Ethiopian Business Directory Toronto Business ListingEthiopian News VideoJoin the conversation.

December 31, 2025 20:45 UTC