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




Centre Initiates 6m  Euros Vegetable Project

Feb 27 , 2021


[ssba-buttons]

The World Vegetable Centre, an international nonprofit for vegetable research and development based in Taiwan, has initiated a six-million-euro project aimed at creating employment and bolstering the value chain in the vegetable trade in Ethiopia and Kenya. The project, funded by the IKEA Foundation and implemented in collaboration with SNV Netherlands Development Organisation, is expected to last five years. It aims to establish 200 vegetable business networks (VBNs) and engage an estimated 4,000 women and youth. The project, carried out in three phases, has nearly completed its first phase: identification of entry points. The second phase, which will last four years includes recruitment and training of business coaches who will in turn provide training to VBNs on marketing and productivity. This phase will also look to introduce new technologies to vegetable producers and promote the consumption of vegetables among the general public. The final phase will be focused on leadership development.


Radar

Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


Radar

Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


Radar

Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...