Amid Uncertainties, City Welcomes Fashion Week

Nov 5 , 2022


[ssba-buttons]

It was a fresh breath for Addis Abeba last week, emerging from the global pandemic, conflicts and economic crises. International fashion vendors representing several African countries have showcased their product lines at the Skylight Hotel on Africa Avenue (Bole Road) for three days. Over 160 vendors from over 25 African countries descended in the capital, attending the show dubbed "Africa Sourcing & Fashion Week". The fashion week was organised by the Trade & Fair Group, a German and Kenya-based company. Organisers say the show aimed at providing a platform to link businesses with international buyers and market networking with fashion brands of over 30 high-end African designers. Companies displayed their products where they partnered with suppliers from the textile, design, leather and technology sectors. Over 200 vendors from south, west and east Africa participated, with 9,600 visitors before the worldwide pandemic, with a 37pc drop last year.


Radar

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions alike. The Fund, established under a proclamation by the Council of Ministers, was designed to shield depositors in the event of bank or microfinance collapses. Since its inception, EDIF has focused on collecting premiums from member institutions, investing the funds, and building a system robust...


Radar

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brought together prominent figures including Ethiopia's former Prime Minister Hailemariam Desalegn, former First Lady Roman Tesfaye, and Kenya's First Lady Rachel Ruto. Organised by the Rockefeller Foundation, the event focused on overhauling child nutrition through regenerative agriculture. Sarah Farl...


Radar

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations in agriculture, sustainability, and appropriate technology. Top winner Milkias Ahmed (PhD) received a 300,000 Br prize and a 3 million Br interest-free loan for developing an organic soil conditioner from animal bones. Second and third prizes went to Yusuf Ali and Muhammad Juhar for a crop-harvest...