The station logo depicts the head of a lion, a symbol of Ethiopia.

Its name comes from the Plaza Etiopía, a traffic circle at the same location before the construction of the subway station.

There is a corresponding Mexico Square in the Ethiopian capital city of Addis Ababa.

[2] Mexico Square is also a station on the Addis Ababa Light Rail.

On March 27, 2009, the station name was changed to Etiopía / Plaza de la Transparencia (Ethiopia / Transparency Square),[3] as the Instituto Federal de Acceso a la Información Publica (Federal Institute of Public Information Access) is near the station, and so it would fit the name of the closest Metrobús station.