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




DHL Ethiopia Passes the Baton

Aug 12 , 2023


[ssba-buttons]

DHL appoint Kidist Teklu Kemeshi as Country Manager in Ethiopia, taking over the helm from Silvio Weiland. Kidist brings over a decade of experience in the logistics sector from having previously served as a Country Manager at ISS Global Forwarding and marketing director at Panafric Global. It will serve her well as she seeks to utilise technology to ensure active engagement and improved customer visibility in her new role. She has expressed her excitement for utilising the strategic location and harnessing the unparalleled supply chain management knowledge at the company. DHL is a US-founded German logistics company providing courier, package delivery and express mail service. The three letters are an acronym of its initial founders in San Fransisco Adrian Dalsey, Larry Hillblom and Robert Lynn, who launched the company in 1969. Over the years, DHL has become an international freight and logistics powerhouse delivering over 1.8 billion parcels per year. It is a subsidiary of the Deutsche Post DHL Groups connecting over 220 countries and has over 500,000 employees. The Group acquired Hillebrand in March 2022 for 1.5 billion euros, seeking to expand its know-how and customer experience in bulk liquids and other adjacent special care commodities.


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 EEP 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 significa...


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Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa.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...