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ADDIS ABEBA Tries to Redraw Its Future Without Awakening Old Ghosts


Addis Abeba's most contested planning document is entering its final year, carrying the legacy of political rupture and the imprint of rapid redevelopment. The 10th structural master plan, approved in July 2017, which led to one of the most conseq...

May 23 , 2026


Fortune News

Ethiopian Looks South as Namibia Tries to Rebuild a National Carrier

The Ethiopian Airlines Group (EAG) is weighing a deeper role in Southern Africa's fragmented aviation market after Namibia formally asked the carrier to help re-establish a national airline, a move th...

May 23 , 2026

News Analysis

Dashen Bank Grows Bigger, Safer, But Not as Profitable

Dashen Bank entered the foreign-exchange reform year with a defensive proposition. It grew large enough to protect its market position, preserve liquidity, and push more customers out of costly branch...

May 17 , 2026

Money Market Watch

Forex Auction Uncovers a Market Under Pressure

Last week, the Birr - Brewed Buck - crossed a line the foreign-exchange market had long treated as a warning, not a price. Commercial banks' cash rates reorganised around a reference point of 160 Br t...

May 23 , 2026


Latest Updates

Tax Bill Tests the Line Between Compliance, Fairness

A revised tax administration law could bar taxpayers from submitting new evidence during complaints...

May 17 , 2026


Trillions in Financial Assets But Too Little Reaches Markets

The federal government's plan to build a capital market begins where the financial system is most re...

May 17 , 2026








Agenda

When Bread Becomes Too Costly for Breakfast

For Helen Mekonnen, 45, bread has become the measure of how far a household income can stretch in Addis Abeba. In the neighbourhood near Bulgaria St. Michael, on Tanzania St., a loaf that once was a routine purchase now requires a daily calculation b...

May 23 , 2026


Quiet Campaigns Speak Loudly

Genene Gedebu reached Kucha after the campaign season for the upcoming national elections opened, expecting to do what candidates do. The President of the Kucha...

May 17 , 2026


Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience than as a monthly test of endurance. The 32-year-old accountant, who w...

May 9 , 2026







Editorial

Tax Push Tests How Much Pain Taxpayers Can Bear

An International Monetary Fund (IMF) team has spent weeks in Addis Abeba conducting the fifth review of the macroeconomic reform programme it backs in Ethiopia. Its checklist would be familiar and hard. Its experts demand to see a fuller floating...

May 23 , 2026


T-Bills Trap Begins in the Federal Government's Own Budget

The federal budget tells a troubling story about inflation, debt and reform. The problem is not only that the state is short of money. It appears to be struggling to control the money it has. The books show a system that spends too little where policy needs de...

May 16 , 2026






Exclusive Interview

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, particularly on climate and economic transformati...

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

MELIKA B. MOHAMMED

Fortune: The finance sector remains a male-preserved space. How does it feel to be the one recalibrating that balance as you climb? Melika B. Mohammed: For me, it has never been about proving a point. It is about purpose. I am driven less by the idea of bre...

Apr 10 , 2026







Viewpoint

Formally Open But Practically Stalled Court-rooms

A recent circular issued by the President of the Federal Supreme Court requiring court proceedings to be conducted in open hearings has sparked a consequential debate over judicial openness. Few principles are more central to fair justice than the public character of court proceedings. Open justice allows citizens to see how courts work, judges reason, and state power is exercised in disputes o...

May 24 , 2026


Outdated Map Projections Misrepresent Africa's Scale

Maps are never neutral. They are instruments of knowledge, yes, but also of power, ideology, and often manipulation. Nowhere is this more evident than in the depiction of Africa. For centuries, the Mercator projection, still ubiquitous in classrooms, media...

May 23 , 2026

Access to Intelligence, Ethiopia's Next Divide

The debate over artificial intelligence (AI) has moved quickly from suspicion to practical urgency. A few years ago, public discussion was dominated by fear, mistrust and calls for restraint. Today, the argument is less about whether Ethiopians should use gene...

May 16 , 2026


My Opinion

Global Water Cycle Critical Shared Infrastructure

The global water cycle is our planet's life-support system. It is a powerful environmental pump, with forests transpiring moisture and replenishing giant atmospheric rivers of freshwater. It is also a global thermostat, regulating the climate through evaporation and cloud formation. And it is a giant filter, purifying water as it percolates through the soils and wetlands. But while all life...

May 23 , 2026


How I Became a Manufacturing Skeptic

At a gathering of academics and policymakers at Harvard this month, a participant reminded me that I had published a column 15 years ago on "The Manufacturing Imperative". The piece emphasised the importance of industrialisation in driving economic growth, cre...

May 16 , 2026

The AI Risk to Focus On

While many would point to the financial system in response to the question of the biggest risk posed by AI, our attention would be better directed more toward labour markets. Financial concerns are certainly understandable. Even in 2026, the spectre of 200...

May 9 , 2026






Featured

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "Shimgilina", her mind moved between the lifelong promise before her and the video that had shaped the day. The ceremony, hosted by her mother and mostly paid for by her groom, drew 300 guests and cost 600,000 Br. It bore little resemblance to the modest and mediation-focused gatherings her parents knew. For young professionals in Addis Abeba, the old ritual now sits between cultural duty and the pressure...

May 17 , 2026


Commentaries

Red Gold Makes the Case for Smarter Agri Business Strategy

Volcanic soils, cool nights and temperate days have given strawberry growers the conditions to produce premium fruits, marketed as “Red Gold”, while blueberries are cast as “Blue Gold.” Yet, the crop remains outside policymakers' flagship agricultural programs, despite a record that compares favourably with better-known staples and export crops. The case is not built on sentiment, inasmuch as it rests on foreign exchange, productivity per hectare, and the time to return on investment...

May 23 , 2026


News Analysis

Dashen Bank Grows Bigger, Safer, But Not as Profitable

Dashen Bank entered the foreign-exchange reform year with a defensive proposition. It grew large enough to protect its market position, preserve liquidity, and push more customers out of costly branches and into digital channels. By June 2025, that proposition had worked in scale, but less convincingly in earnings. Using net profit, operating income, average assets and average equity, Dashen Bank's return on equity of about 22pc came from a 28.5pc margin, 9.46pc asset turnover and 8.32 times...

May 17 , 2026


Delicate Number

48

The number of polling stations to manage the turnout for the seventh general election, in which more than 50.5 million Ethiopians are expected to cast ballots in federal and regional elections, except the Tigray Regional State, on June 1, 2026.

May 23 , 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

"We're going to transform the agricultural sector here in Ethiopia."

Aliko Dangote, the Nigerian investor, pledged last week to complete a fertiliser plant in 30 months that will produce three million tons of urea for a four-billion-dollar investment. If successful, this will position his Group as the world's largest producer of the particular fertiliser brand. He also disclosed the launch of additional plants for packaging and MPK (cement) production. 



View From Arada

Writers Step Into the Frame, Out of the Shadows

There is a particular intimacy in seeing the face of someone whose words have already lived in us. A voice first heard through pages, a grief or joke carried by language, suddenly has eyes,...

May 23 , 2026




Sunday With Eden

A Ball, A Father, A Life-time of Memory

Football was never merely a game in our household. It was ritual, language and affection woven into everyday life. While other families gathered around television dramas or weekend films, our home moved according to football fixtures, league tables and post-match analysis. Growing up, my brothers and I were not allowed unrestricted television time. There were no movie marathons or long conversatio...

May 23 , 2026


Love, Not Blood, Makes a Family

There are moments that quietly expose the prejudices buried inside society. They appear in ordinary places, a hospital corridor, a waiting room, a passing conversation between strangers. Sometimes, a single sentence is enough to reveal how deeply people misund...

May 16 , 2026

The Silence That Leadership Can't Keep

A few days ago, I attended a virtual conference in Canada that stayed with me, not because of the agenda alone, but because of how people spoke to each other. I expected a structured gathering where leaders present reports, participants listen quietly, and dec...

May 9 , 2026


Life Matters

When Problem-Solving Fails Because the Shape Looks Different

We like to think of ourselves as pattern-recognition machines. From the moment the day begins until sleep finally settles in, the brain keeps scanning the environment, sorting information, and predicting outcomes based on what it has encountered before. People pride themselves on being adaptable and rational, capable of navigating complexity with the tools accumulated over time. Yet hidden beneath...

May 23 , 2026


The Hidden Limits Behind Unlimited Data Plans

A few weeks ago, I found myself reaching for a mobile data package after our home Wi-Fi went down. The electricity had cut off, and once the modem battery drained, we were left completely disconnected. In our household, internet access is not a luxury. Both my...

May 16 , 2026

Motivation Drops as the Day Begins in Sleepwear

We have all seen the aesthetic. The “work from home” dream usually comes packaged with a plush sofa, a laptop balanced on a pillow, a neatly arranged coffee cup, and someone in an expensive-looking silk pyjama set pretending life has finally been figured o...

May 9 , 2026





Radar

Ethiopia, Djibouti Explore New Petroleum, Gas Pipeline Network

Djibouti President Ismail Omar Guelleh held talks with Brook Taye, head of Ethiopian Investment Holdings (EIH), over planned cross-border energy infrastructure projects linking the two countries. During a meeting held in Djibouti on Wednesday, Brook said Ethiopia and the Dangote Group are preparing to jointly implement a two-phase energy corridor project with Djibouti. The first phase focuse...

May 23 , 2026


Ethiopia, Djibouti Explore New Petroleum, Gas Pipeline Network

Djibouti President Ismail Omar Guelleh held talks with Brook Taye, head of Ethiopian Investment Holdings (EIH), over planned cross-border energy infrastructure projects linking the two countries. During a meeting held in Djibouti on Wednesday, Brook said Ethiopia and the Dangote Group are preparing to jointly implement a two-phase energy corridor project with Djibouti. The first phase focuse...

May 23 , 2026

In Picture

CITY NAP

Along the busy Wello Sefer roundabout, a small pack of street dogs finds a slice of quiet sanctuary on a narrow strip of green. Lined up along the grass, they rest, groom, and stretch in the warm afternoon sun, completely unfazed by the rhythm of the city around them. It is a striking, gentle contrast a pocket of absolute stillness and slow-paced street life set against the clean lines of the newl...

May 23 , 2026


ROLLING ADVERT

Urban movement meets street-level marketing in this vivid slice of life at Meskel Square. Mobile billboard carts line the roadside, their makeshift frames carrying bursts of advertising energy, while a neat row of parked bicycles sits quietly beside them, adding a softer counterpoint to the hustle. Above, the massive concrete pillars of the elevated light rail rise like steady markers of the city...

May 23 , 2026