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.

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Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...