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




Canada Commits 191m Br to Promote Women’s Education

Aug 22 , 2020


[ssba-buttons]

Cuso International, a nonprofit organisation based in Canada, has launched a five-year project worth 191.7 million Br in the Benishangul-Gumuz Regional State to promote women’s education. Dubbed U-Girl 2, the project is aimed at girls ages 15 to 25, their families and communities to address existing gender barriers that impede their education. The project will provide academic resources, training, tutorials and financial stipends for adolescent girls. Implemented in seven districts, it is expected to benefit 16,500 girls directly and effect an overall reach of 100,000 people. The project is funded by the government of Canada through Global Affairs Canada and is being implemented in cooperation with the Institute of International Education. The U-Girls 2 project will help to address some of the disparities existing in girls’ access to education. That, in turn, will contribute to better participation of women in leadership and politics in the region, according to Solen Abera, lecturer and gender focal person in the Faculty of Health Science at Assosa University. Cuso International works with local partners to amplify their impact in the areas of gender equality, female empowerment and improved economic opportunities for youth.


Radar

Tariff Reform Powers EEP Revenue to 119 Billion Br

Ethiopian Electric Power (EEP) collected 119 billion Br in revenue during the 2025-2026 fiscal year, up 57.8pc from the previous year, while recording a gross profit of 39.5 billion Br. The performance comes as the utility faces public scrutiny over a multi-year electricity tariff reform. EEP achieved 92pc of its 129.8 billion Br revenue target. It attributed the performance to improved revenue collection systems and better coordination, following a period in which the utility operated at a s...


Radar

ESX Names Yodit Kassa CEO in Leadership Handover

The Ethiopian Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa. ESX credited Tilahun with steering the Exchange from its early project phase into a fully operational securities market. He established its governance, technological and operational foundations while building relationships with regulators, investors and other stakeholders. Yodit and Tilahun have been...


Radar

Enat Bank Enlists Partners to Develop Gender Bond

Enat Bank has entered a four-party partnership to develop what the partners describe as Ethiopia's first private-sector gender bond. The bank signed a memorandum of understanding with FSD Ethiopia, I-Capital Africa Institute and FSD Africa to structure and launch the bond. The partners will collaborate throughout the pre-issuance and post-issuance phases. Their work will cover transaction structuring, framework development, regulatory compliance, investor engagement and post-issuance manageme...