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ADDIS ABEBA WAITS ON A RENT CEILING


Addis Abeba's renters and property owners are waiting on a city government decision that will set how far rents can rise under a two-year-old control regime. Owners feel their income has been frozen as costs climb, while tenants fear another bite out...

Jul 4 , 2026


Fortune News

Prime Minister Concedes Health Sector Remains Underprovided

The health sector remains underprovided despite rising public spending, Prime Minister Abiy Ahmed (PhD) told Parliament today, in remarks that laid out where the money has gone and where it has fallen...

Jul 7 , 2026

News Analysis

Built for Microfinance, Tsedey Bank Finds the Cost of Becoming Big

For most of three decades, Tsedey Bank made its living advancing a few thousand Birr at a time to farmers and traders across the Amhara Regional State. In its first full year as a commercial bank, mov...

Jun 21 , 2026

Money Market Watch

A Calm Rates Quote Hides a Split Forex Market

The Brewed Buck spent last week's foreign-exchange market calmer than the underlying conditions suggested. There was no auction by the National Bank of Ethiopia (NBE) last week, yet the market did not...

Jul 4 , 2026


Latest Updates

Desalegn Chanie's Rebuke Cuts Through Mohammed Ahmed's Ovation for Abiy

A ruling-party lawmaker, Mohammed Ahmed, called the Chamber to its feet for Prime Minister Abiy Ahme...

Jul 7 , 2026


Ethiopian Weighs Three Jets, Three Maps

The Ethiopian Airlines Group is preparing to place a firm order for 25 aircraft next month, and the...

Jul 4 , 2026








Agenda

A City Between the Market and the Rules

July has arrived with the heaviest rains of the winter, dark clouds and mist blanketing Addis Abeba each morning. This year, the weather is not the only thing hanging over the capital. Property owners and tenants are waiting for the Addis Abeba Ci...

Jul 4 , 2026


Soaring Fares Strand Families on Highways

At the sprawling Lamberet Long-Distance Bus Station near Asmara Road, the usual din of engines and shouting conductors has given way to an eerie and sluggish rh...

Jun 27 , 2026


For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spills through the narrow corridors of Sengatera Building, in Addis Abeba...

Jun 21 , 2026







Editorial

The New Gold Standard Comes with a Warning Label

In the goldfields of the Benishangul-Gumuz Regional State, Ethiopia's balance-of-payments problem has taken human form. Around Asosa, Kamashi and Metekel, on the greenstone belt running towards the Sudanese border, gold was long the work of hand t...

Jul 4 , 2026


The Rent Law Protects No One Well. Time to Rewrite It.

The federal legislative house rushed through one of the country's most contentious housing laws two years ago. Today, the result satisfies almost no one. Tenants still feel insecure, property owners feel constrained, and the law struggles to deliver the protec...

Jun 27 , 2026






Exclusive Interview

Africa's Open Skies Fail If Governments Keep Taxing Travellers Off the Runway

Fortune: The African Union has made SAATM a priority for next year. Are you happy with the way the project is being handled by the AU and AFCAC? Kamil Al-Awadhi: The AU is talking about SAATM as a priority, but I do not think it will work the way it is being handled now. The AU nominated the proj...

Jun 7 , 2026


Britain Wants Ethiopia to Stop Being an Aid Case and Become a Climate Power

Fortune: Given the United Kingdom's long history with Ethiopia, is there a change of view about its role in East Africa's economic and climate future? McLoughlin: We are recalibrating our approach in recognition of Ethiopia's increased importance, particula...

May 3 , 2026

EZEMA'S New Leader on Elections, Youth Apathy and the Constitution

Fortune: Have you voted before? Eyob Mesafint: Yes. I have voted since I was 18. Q: How does the current electoral climate compared with the past? Under the EPRDF, except in 2005, elections were largely nominal and predictable. Opposition leaders expe...

Apr 10 , 2026







Viewpoint

Size, Not Customisation the Next AI Race

For decades, software developers chased a single ambition. They wanted to build one application that could serve millions of users. Artificial intelligence (AI) is now turning that logic on its head. Instead of forcing users to adapt to the software, AI is adapting itself to individual users, organisations, and industries. The race in artificial intelligence is no longer about building the larg...

Jul 5 , 2026


Digital Choices Shape our Children's Health

From social media and online gaming to generative AI systems, digital environments are powerful determinants of people's health. That is especially true of children and young people. Around the world, childhood is being reprogrammed by digital technologies tha...

Jul 4 , 2026

Protecting Fair Trials Without Putting the Media in the Dark

In courtrooms and press briefings alike, one phrase recurs whenever a sensitive case is raised. The line "It's a matter before the court; I won't discuss it" captures the sub judice rule, a principle meant to protect the judicial process by limiting public...

Jun 27 , 2026


My Opinion

Right Way to Tackle Developing Countries Cancer Crisis

In Nigeria, a cancer diagnosis is often a death sentence. Nearly 130,000 Nigerians receive one each year, and nearly 80,000 die of the disease. An average of 33 women a day in Nigeria are infected with cervical cancer, and 22 women a day die from it. The problem is not that interventions do not exist, but that Nigerians, and developing-economy patients more broadly, lack access to them. Brea...

Jul 4 , 2026


Will AI Yield Abundance Without Purpose?

In Kurt Vonnegut's 1952 novel, "Player Piano", machines have automated most industry, leaving only a few engineers and managers to oversee things. Everyone else is fed and housed by the state, with nothing to do. Was Vonnegut prescient? Whether AI will r...

Jun 27 , 2026

The Promise and Peril of AGI

The prospect of artificial general intelligence (AGI), systems capable of performing any human cognitive task, has inspired both hope and anxiety. While AGI could usher in an unprecedented increase in global living standards, it could also sharply reduce deman...

Jun 20 , 2026






Featured

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green furnishings, and striking wall art that brightens the cafe's earthy palette. Behind the counter, baristas move with quiet precision, transforming coffee preparation into performance. At a table inside Yoya Coffee's Qera branch, Yedidya Getahun watches as a barista pours hot water over freshly ground coffee in a slow, hypnotic spiral. The brewing method, known as V60, has become one of the defining symbols...

May 31 , 2026


Commentaries

The Paradox That Keeps Detainees from Their Counsel

The legitimacy of any criminal justice system is measured not by how it treats the innocent, but by how it protects the rights of those accused of crimes. A system that respects due process, upholds constitutional guarantees, and places the rule of law above institutional convenience earns public confidence. When constitutional institutions disregard these principles, public trust erodes, and the system becomes vulnerable to abuse. Now the criminal justice system stands at such a crossroads....

Jul 4 , 2026


News Analysis

Built for Microfinance, Tsedey Bank Finds the Cost of Becoming Big

For most of three decades, Tsedey Bank made its living advancing a few thousand Birr at a time to farmers and traders across the Amhara Regional State. In its first full year as a commercial bank, moving upmarket proved costly. For the year ended in June 2025, Tsedey Bank posted a loss of 2.13 billion Br even as the balance sheet expanded, liquidity strengthened, and capital increased. The loss landed in an industry with a history of minting profits. Commercial banks' aggregate assets expa...

Jun 21 , 2026


Delicate Number

106

The value, in dollars, that Ethiopia generated from electricity exports in 2024/25. The volume of exported electricity grew by five-and-a-half-fold in one year to 2.8 million kilowatt-hours over the same period. However, the average export price fell by 68.2pc, slashing electricity's share of exports to 3.5pc from 4.8pc. Ethiopia is exporting far more electric power, but at heavily discounted contract rates, revealing that volume and price move in opposite directions with unusual force.

Jul 4 , 2026


Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...

Oct 3 , 2020


Verbatim

"The so-called republic of Somaliland."

Mohamed Siad Doualeh, Djibouti's permanent representative to the United Nations and his country's ambassador to the United States and Canada, objected to Israel's unilateral recognition of Somaliland as a sovereign state, calling it "reckless decision" and in "defiance" of the UN Charter. Speaking before the UN Security Council last week, the Ambassador urged member states to respect Somalia's internationally recognised borders.






Sunday With Eden

The Quiet Breakdown of Tax Fairness in Addis Abeba

Tax is the lifeblood of any modern state. It funds roads, schools, hospitals, security and the services people rely on every day. Most business owners understand this. They do not resist paying their fair share. What troubles them is a system that appears to reward those who ignore the rules while placing a heavier burden on those who try to comply. When honest taxpayers begin to feel disadvant...

Jul 4 , 2026


The Fine Print Behind the Before-and-After

Not long ago, a friend proudly showed me before-and-after photos from a nutrition program. The transformation was remarkable. She had shed a significant amount of weight, looked healthier and spoke enthusiastically about how the program had changed her life. ...

Jun 27 , 2026

Prevention Starts Years Before the First Diagnosis

I often hear people say, “I'm only in my twenties,” or “I'm still in my thirties. I'll think about healthy eating later.” They speak as though health suddenly becomes important at forty or fifty. Meanwhile, they regularly eat processed foods, drink sug...

Jun 20 , 2026


Life Matters

Children Always Know More Than Parents Think

There is a familiar and exhausting mathematics to raising more than one child. It is the daily calculation of making sure the juice reaches the exact same level in every cup, birthday gifts cost roughly the same amount, and praise is handed out with careful precision. For parents trying to keep the peace between a six-year-old and a five-year-old, this pursuit of perfect fairness often feels li...

Jul 4 , 2026


The Hidden Cost of Cheap Snacks Lies Beyond the Price Tag

I bought a bag of chips the other day, tore it open, and found what felt like more air than food. The bag looked the same, but the weight had clearly shrunk. I understand that production costs have risen. Raw materials, transport and packaging all cost more th...

Jun 27 , 2026

A Cup of Juice, A Long Day, an Uncomfortable Realisation

Most of us love our children fiercely. It is perhaps one of the most universal human experiences. We want to raise them well, teach them discipline, impart knowledge, and give them a better life than the one we had. We aspire to be patient, calm, and nurturing...

Jun 20 , 2026





Radar

Prime Capital Joins ESX, Seeks Securities Dealership Licence

Prime Capital has secured trading membership on the Ethiopian Securities Exchange (ESX) and is pursuing a securities dealership licence to expand its brokerage and investment banking services, according to Head of Business Development and Marketing Fikremarkos. The firm received its trading membership after obtaining an investment banking licence from the Ethiopian Capital Market Authority (ECM...

Jul 4 , 2026


Prime Capital Joins ESX, Seeks Securities Dealership Licence

Prime Capital has secured trading membership on the Ethiopian Securities Exchange (ESX) and is pursuing a securities dealership licence to expand its brokerage and investment banking services, according to Head of Business Development and Marketing Fikremarkos. The firm received its trading membership after obtaining an investment banking licence from the Ethiopian Capital Market Authority (ECM...

Jul 4 , 2026

In Picture

HOOF TRAFFIC

At Qera abattoir on Alexander Pushkin Street, traffic doesn't just slow down, it negotiates. A full-blown procession of cattle takes over the asphalt, turning the city road into an impromptu grazing corridor where horns replace honks and hooves set the pace of movement. Traders flank the herd with practiced ease, guiding the animals through the urban maze as buses, trucks, and impatient cars wait...

Jul 4 , 2026


CARE BENCHMARK

Bethesda American Medical Plaza has reached a historic milestone, becoming the first hospital in Ethiopia to secure accreditation from the Joint Commission International (JCI). The recognition was unveiled during its first anniversary celebration held at the Skylight Hotel on June 28, 2026. The event also featured a guided tour of the hospital's facilities, where senior officials and guests examin...

Jul 4 , 2026