- Eyewitnesses told Deutsche Welle that 40 people were killed in an attack in Entoto, Oromia, and the toll could rise.
- Residents across most of Merti woreda in Arsi Zone have been displaced by recurring violence.
- The National Bank of Ethiopia will hold its 32nd foreign exchange auction, offering 140 million dollars, on November 10.
- Ethiopia is redirecting up to 543 million dollars from existing World Bank projects to cushion a Middle East energy shock.
- The UN has allocated 3 million dollars for nearly 50,000 people who fled fighting in Moyale to northern Kenya.
Top stories
Eyewitnesses: 40 killed in attack in Entoto, Oromia
Eyewitnesses and residents told Deutsche Welle that 40 people were killed on Thursday in an attack by armed men in Entoto, Robe-Dida'a district, in the former Arsi Zone of Oromia. They say 36 bodies were buried at Entoto St. Mary's Church and that the toll could rise, as many wounded are in medical centers. Borkena reports that the death toll from the October 30, 2026 attack in Endeto has risen past 36 after two critically wounded people died in hospitals in Robe and Asella. The Ethiopian Human Rights Council has urged federal and regional authorities to investigate.
DW Amharic; also Borkena · according to eyewitnesses, reported by Deutsche Welle
Violence Displaces Residents of 21 of 23 Kebeles in Merti Woreda, Arsi Zone
Community representatives say recurring violence has displaced residents across 21 of the 23 kebeles in Merti woreda, Arsi Zone, Oromia, leaving only two with active residential populations. Hundreds of families lack permanent shelter and sustainable aid, and some have been displaced for up to three years. Merti Woreda Administrator Abdelkerim Mohamed says daily relief remains active but is severely insufficient and calls for outside help. Sheger FM reports that residents say their homes and cattle were looted.
Borkena; also Sheger FM
Ethiopia's central bank to offer USD 140 million in third auction of the quarter on November 10
The National Bank of Ethiopia says it will offer 140 million US dollars in its 32nd foreign exchange auction on November 10, 2026, the third of six bi-weekly auctions this quarter. Commercial banks bid through the CSD-based system from 10:00 AM to noon, with results at 3:00 PM and same-day settlement. Birr Metrics reports that the program totals 840 million dollars across six sales, and that in the October 27 auction 30 banks bid 150.83 million dollars.
Ethiopian Business Review (Telegram); also Birr Metrics
Ethiopia redirects up to $543 million in World Bank funds to cushion Middle East energy shock
The federal government is redirecting up to 543 million dollars from existing World Bank development projects to cushion the effects of a Middle East energy shock, according to Addis Fortune. The money comes from funds the government already holds rather than new financing.
Addis Fortune (@addis_fortune)
Politics
Ethiopian Media Authority suspends The Reporter publisher's registration indefinitely
Addis Fortune reports that on November 2, 2026, the Ethiopian Media Authority indefinitely suspended the registration certificate of Media & Communication Centre Plc, publisher of The Reporter.
Addis Fortune (@addis_fortune)
Security
Attacks on civilians continue in Arsi Zone, residents report recent strike in Angada kebele
Attacks on civilians in Arsi Zone continue repeatedly, Sheger FM reports, including a recent one in Angada kebele.
Sheger FM
Elders from Oromia and Somali hold talks as Moyale conflict reaches 12th day
Residents told Tikvah Ethiopia no gunfire was heard in Moyale town on October 22, the conflict's 12th day.
Tikvah Ethiopia (Telegram)
Economy
Amhara region begins work on Ethiopia's first mineral laboratory, a 2.4bn birr project
Amhara region has begun Ethiopia's first mineral laboratory, a 2.4 billion birr facility to test exploration samples domestically.
Amhara Media Corporation
Banks and fintech
CBE Executive Says Bank's 3.1 Trillion Birr Balance Sheet Is East Africa's Largest
Commercial Bank of Ethiopia reports total assets of 3.1 trillion birr, making it East Africa's largest bank by assets.
Ethiopian Business Review (Telegram)
Ethiopian regulators weigh letting commercial banks act as custodians for foreign portfolio investors without separate subsidiaries
Ethiopia's Capital Market Authority and National Bank are considering letting commercial banks act as custodians for foreign portfolio investors without separate subsidiaries.
Addis Fortune (@addis_fortune)
Foreign relations
Ethiopia Aims at COP31 to Lay Groundwork for Its COP32 Presidency, Foreign Minister Gedion Timothewos Says
Foreign Minister Gedion Timothewos, leading Ethiopia's COP31 delegation in Antalya, said the goal is a strong foundation for COP32.
EBC (English); also Addis Standard, Fana (English)
Sent by the Observatory.