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



Awash Bank Launches First Round of Seed Sector Grant Initiative


Awash Bank Launches First Round of Seed Sector Grant Initiative

Awash Bank has disbursed over 137 million Br under its Guarantee to Grant (G2G) Facility, supporting 12 private seed companies to expand access to agricultural finance. The initiative, implemented under the Ethiopian Seed Partnership, involves Wageningen University & Research, the Embassy of the Netherlands, the Ministry of Agriculture, and RSLNC Consultancy plc. The facility provides collateral support to help firms overcome traditional lending barriers and improve production capacity for certified, high-yield seeds aimed at smallholder farmers. Agriculture contributes 32pc of GDP, 64pc of employment, and 79pc of exports, yet it continues to receive less than 10pc of national credit, with limited financial access in rural areas. The programme is designed to reduce investment risk in the seed sector while promoting financial inclusion, productivity, and long-term food security.

[ssba-buttons]

Radar

Land Bureau Collects Billions in Revenue, Penalties From Developers

The Addis Abeba Land Development & Administration Bureau has collected 13.1 billion Br in revenue over the past ten months from lease payments and related charges. Berhane Kebede, team leader for Lease Income Collection and Monitoring, said efforts are also focused on ensuring developers comply with lease regulations, commence construction on time, and meet payment obligations. During citywide construction monitoring across all sub-cities, the Bureau collected 13.16 billion Br, includi...


Radar

Afar Drought Resilience Programme Receives German Finance

German's Economic Cooperation and Development ministry, through the Development Bank, has allocated 17 million euro to support a drought resilience project, with 15 million euro provided by the German government. The initiative is being implemented by Ethiopia's Ministry of Agriculture. The Drought Resilience Building Project aims to strengthen food security and climate resilience for pastoral communities in the Afar lowlands. It focuses on expanding water infrastructure, including irrigation...


Radar

Ministry of Education, Huawei Introduce Offline AI Support System

The Ministry of Education has partnered with Huawei to launch a pilot AI teacher assistant system integrated directly into the national curriculum. Designed to provide instructional support, the initiative leverages Huawei's ICT infrastructure to bridge the educational resource gap across the country. The launch was done in May 14,2026 at Sheraton Hotel which is found in Taitu St. on the launch event a representative from the ministry of education, Muluneh Atinaf(PhD), the e-SHE program coord...