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



AIH Turns to Dividends, New Income for 5.5bn Br Goal


AIH Turns to Dividends, New Income for 5.5bn Br Goal

Abay Investment Holding (AIH) is targeting a net profit of 5.5 billion Br in the 2026/27 fiscal year by strengthening dividend collection and expanding its income sources. The target followed a meeting of the Board of Directors, which reviewed the company's 2025/26 annual report and approved its operational and budget plan for 2026/27. The report highlighted the consolidation of 46 subsidiaries under AIH, intended to strengthen leadership and management across its investment sectors. AIH also revitalised investments described as stagnant or challenged by identifying and addressing obstacles that had impeded implementation. The company increased its investment capacity, generated dividend income in the billions and established a financial base for future projects. Alongside the performance review, the Board adopted a corporate governance guideline covering responsibilities, rights, obligations, accountability, grievance management and competitive compensation for executives and board members. AIH also launched a subsidiary reform programme, supported by portfolio diagnostics, to improve management, finance and operations across its subsidiaries. The approved plan calls for implementing the governance framework and modern corporate finance systems to increase subsidiary revenues. It also prioritises stronger dividend collection, additional income streams and expansion projects for new and existing investments, which are expected to strengthen AIH's investment capacity and support the profit target.

[ssba-buttons]

Radar

Creditors Open Way for Ethiopia's Eurobond Restructuring

Ethiopia has cleared a key hurdle in restructuring its one billion dollar Eurobond after the Official Creditor Committee (OCC) approved the latest agreement with private bondholders. The OCC said the deal meets its “comparability of treatment” principle, allowing the government to proceed with restructuring the bond, which matured in 2024. The approval follows renewed negotiations after official creditors rejected an earlier agreement reached in January. Under the new agreement, reache...


Radar

University Cutoff Leaves Most Exam Takers Behind

Only 70,544 students, or 12.8pc of those who sat the Ethiopian Secondary School Leaving Certificate Examination (ESSLCE), scored above the 50pc threshold required for university admission. Education Minister Berhanu Nega (Prof.) disclosed the results during a press briefing last Saturday. Nearly 32pc of the successful candidates were from Addis Abeba, giving the city the highest share. Oromia Regional State followed, while Amhara Regional State accounted for the remaining share. The res...


Radar

Dairy Drive Turns to Farmers to Cut Import Reliance

A five-year dairy project targeting 350,000 farmers has increased average milk production per cow by 3.8 litres a day, supporting Ethiopia's effort to replace imported dairy products with domestic output. The Ministry of Agriculture leads the initiative in collaboration with SNV's BRIDGE Plus project. It combines cow-focused advisory services, technology, market links and farmer capacity-building to raise dairy productivity. The work has centred on helping farmers produce surplus milk for sal...