- Ethiopia registers over 50,000 Ethiopian refugees fleeing Moyale clashes in Kenya, placing a significant strain on aid resources. > The National Bank of Ethiopia reported inflation stood at 9 percent in September, while forecasting continued double-digit rates. > An unexploded ordnance blast in Ethiopia's Tigray region killed eight people, including five children. > PetroChina is discussing a 1,550-kilometer oil transport corridor linking South Sudan to the Port of Djibouti. > The Addis Ababa Finance Office is drafting six guidelines to oversee the administration of a 502.27 billion Birr budget.
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Top stories
Kenya registers Ethiopian refugees fleeing Moyale clashes as arrivals pass 50,000
Kenya is registering Ethiopian refugees fleeing clashes in Moyale, with arrivals now exceeding 50,000. Aid agencies have appealed for approximately 8.9 million dollars to fund the three-month response. Kenya Red Cross official Aden Wako states that 50,000 Ethiopian refugees have registered in the country. The refugees shelter in temporary sites, including schools and camps, while many require food, clean water, healthcare, and protection for women and children.
Addis Standard (@addisstandard); also DW Amharic
Ethiopia's Monetary Policy Committee holds 8th meeting, notes inflation at 9 percent in September
The National Bank of Ethiopia's Monetary Policy Committee held its eighth regular meeting on 3 November 2026 to propose monetary policies. The Committee noted that annual inflation was 9 percent in September, which is above the Bank's single-digit goal. Food inflation eased to 14.8 percent, while non-food inflation rose to 15.1 percent. Governor Eyob Tekalign noted that the banking sector remains safe, with net deposits growing 85.4 percent and credit up 42.6 percent in the first quarter.
National Bank of Ethiopia; also National Bank of Ethiopia (Telegram), Fana (English), Birr Metrics
Unexploded ordnance blast in Tigray's Abergele Chilaa district kills eight, including five children
An unexploded ordnance detonated in Tigray's Abergele Chilaa district, resulting in the deaths of eight people, five of whom were children. BBC confirmed the fatalities with victims' families and hospital sources. Yechila hospital manager Erdai Assefa reported that 18 people were injured, and 15 of those admitted later died without treatment.
BBC News Amharic
PetroChina discusses plan for 1,550-km South Sudan–Ethiopia–Djibouti oil corridor
PetroChina International discussed a proposed 1,550-kilometer oil transport corridor linking South Sudan to Djibouti through Ethiopia. The proposal includes a 300,000-cubic-meter storage depot at Damerjog Industrial Park and a possible refinery. This development could potentially provide South Sudan with an export route outside of pipelines through Sudan.
Capital Ethiopia; also Ethiopian Business Daily (Telegram)
Security
Fano forces reportedly battle for four days around Ambasel; Wuchale said under their control
Fano forces reportedly fought for four days near Ambasel district; Wuchale is Fano-controlled.
Borkena · unconfirmed
Kenya moves two national exam centres in Moyale over Ethiopia border clashes
Kenya is relocating two Moyale Sub-County national exam centers due to border insecurity from clan clashes along the Kenya-Ethiopia border.
Addis Standard (@addisstandard)
Economy
Addis Ababa Finance Office Prepares Six Draft Guidelines for 502.27 Billion Birr Budget
Addis Ababa is preparing guidelines for its 502.27 billion Birr 2026/27 budget.
Birr Metrics; also Ethiopian Business Daily (Telegram)
Addis Ababa Revenues Bureau says it will reject Level A taxpayers' online accounting records after October 30
The Addis Ababa Revenues Bureau will reject Level A taxpayers' online accounting records after October 30, 2019 EC.
Ethiopian Business Daily (Telegram)
Business
Técnicas Reunidas wins Dangote contract to supply two hydrogen reformers for Gode fertilizer complex
Spanish firm Técnicas Reunidas contracted by Nigeria's Dangote Group to supply two hydrogen production reformers for a fertilizer complex in Gode, Somali Regional State, Ethiopia.
Addis Fortune (@addis_fortune)
Banks and fintech
Dashen Bank reports 15.2 billion Br gross profit as deposits rise 36.9 percent
Dashen Bank reported 15.2 billion Birr gross profit for the fiscal year, while customer deposits grew 36.9% to reach 280 billion Birr.
Addis Fortune (@addis_fortune)
Foreign relations
China to send two special envoys to Ethiopia and Eritrea in November
China will send two senior diplomatic representatives to Ethiopia and Eritrea in November to promote regional stability and support peace talks in the Horn of Africa.
Addis Standard (@addisstandard)
Opinions and analysis
Ethiopia rights commission says it will publish Arsi massacre findings
Ethiopia's Human Rights Commission investigates attacks in Arsi, Oromia, killing 60 Orthodox Tewahedo Christians.
DW Amharic
Sent by the Observatory.