FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



Six Year Health Financing Program Draws Down


Six Year Health Financing Program Draws Down

The United States Agency for International Development (USAID) has concluded its six-year Health Financing Improvement Program (HFIP) in Ethiopia aimed at expanding health insurance coverage and improving access to quality primary healthcare. The Program claimed to expand health insurance to over 50 million people and helped implement a new directive that allowed health facilities to retain and use revenue from their services to expand community health insurance. At the closing event, USAID Deputy Mission Director Eleanor TanPiengco and State Minister of Health Ayele Teshome (PhD) visited the Gurara Health Center, a facility supported by HFIP. TanPiengco emphasized the U.S. Government's ongoing commitment to improving the health of Ethiopians and building a more equitable healthcare system. By reducing financial barriers, HFIP sought improved access to quality primary healthcare services, which is crucial for early detection and treatment of health issues.  

[ssba-buttons]

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 (ECMA) and meeting all ESX requirements. The licence authorises Prime Capital to execute securities tran...


Radar

Parliament Ratifies Tax Amendment, Assigns PMO to Lead Conciliation, Imposes 10pc Penalty on Late Evidence

The Prime Minister's Office will appoint independent tax conciliators while taxpayers face a 10pc penalty for late evidence under the Federal Tax Administration Amendment ratified by Parliament last week. By shifting the selection of “conciliators” from the tax authority to the PMO, authorities aim to establish a neutral dispute-resolution system to speed up out-of-court settlements. Experts describe the move as a high-stakes reform with notable institutional risks. The legislation, pa...


Radar

ZamZam Bank Registers Shares, Eyes Capital Market Debut

ZamZam Bank has secured approval from the Ethiopian Capital Market Authority (ECMA) to register its shares, becoming the first fully interest-free bank to complete the regulatory process for public trading. The approval covers five million existing shares worth five billion Br and one million bonus shares valued at one billion Br, paving the way for the Bank's future participation in Ethiopia's capital market. ZamZam plans to raise its capital to 15 billion Br and introduce Sharia-compliant i...