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



Election Board Allocates Ten Billion Birr for National Elections


Election Board Allocates Ten Billion Birr for National Elections

The National Election Board of Ethiopia(NEBE) has allocated 10 billion Br for the national election on 1st June 2026. At a briefing at the Ministry of Finance, Development Partners Group officials received updates on board's preparations, reaffirming support for Ethiopia’s democratic process. State Minister Semereta Sewasew noted the role of credible elections in safeguarding rights and stability, noting partners’ financial and technical contributions. NEBE Chairperson Melatwork Hailu outlined reforms to boost transparency, including the country’s first digital voter registration, with polling stations chosen for reliable internet, electricity, and trained staff. NEBE confirmed its software is independently tested for cyber resilience and backed by strict data governance. Efforts are expected to ensure inclusive participation for women, youth, persons with disabilities, and internally displaced communities. Civil society and international observers will monitor the process.

[ssba-buttons]

Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...