The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of ...

Kenya has been seeking to develop a new port on its north coast at Lamu, part of a plan to build an economic corridor with transport and other links to Ethiopia, South Sudan and Uganda. But the ...

Ethiopia has rolled out emergency fuel subsidies to shield households and businesses from the global oil price surge triggered by escalating conflict in the Middle East. ・Ethiopia has introduced ...

Ethiopian Prime Minister Abiy Ahmed has called on oil companies, service stations and the public to conserve fuel, warning that escalating tensions in the Middle East are disrupting global energy ...

ADDIS ABABA, Ethiopia -- Ethiopia on Wednesday blamed its rival Eritrea for an attack on a Chinese-owned oil exploration field that killed 74 people, raising tensions between the neighbors who have ...

Ethiopia secured more than $1.6 billion worth of investment deals – most of these with Chinese firms – in its energy and minerals sectors at the end of the Invest in Ethiopia High-Level Business Forum ...

ADDIS ABABA, Aug 5 (Reuters) - Ethiopia has imported 14 million litres of cooking oil to ensure sufficient supplies of the basic commodity, its trade minister said, after the country's central bank ...

As Middle East volatility sends crude prices soaring, Addis Ababa is doubling down on fuel subsidies to prevent social unrest, despite pressure from a reform programme under the International Monetary ...

Experts say gold exports, reform discipline and tighter macro management provide a potential buffer against prolonged ...

NAIROBI (Reuters) - The United Arab Emirates plans to build an oil pipeline connecting Eritrea and Ethiopia, the latest sign of the Gulf state’s increasing involvement in the Horn of Africa. The ...

In 2024, Ethiopia did something revolutionary. It banned the import of fossil fuel cars and cut tariffs on electric vehicles. This week on Zero, Akshat Rathi talks with producer Oscar Boyd and ...