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



Ethio Telecom Bids to Dominate Ethiopia's Digital Future


Ethio Telecom Bids to Dominate Ethiopia's Digital Future

An array of services from digital livestock tracking, push-to-talk/video communications to cloud-based banking, an education management system (EMS), and enterprise resource Planning (ERP) are available from the state-owned Ethio telecom. Ethio telecom has introduced seven new cloud-based digital services last week at the Skylight Hotel, on Africa Avenue (Bole Road), pledging to transform business operations, financial services, and education management. The company said that these solutions will help organisations cut costs, improve efficiency, and grow without investing heavily in physical IT infrastructure. The One-Office Collaboration tool helps teams manage tasks and store files within a shared workspace, while the Cloud-Based Contact Centre integrates phone calls, messages, and social media interactions into one platform. According to its CEO, Frehiwot Tamiru, the new services are expected to enhance digital connectivity and simplify operations for enterprises and institutions. “Customers can choose from various service packages based on their needs,” she said during the launch. The digital livestock tracking system allows farmers to monitor their animals in real-time using GPS and digital tags, a step the company’s executives believe will reduce theft and make it easier for farmers to access loans and insurance. The push-to-talk/video system offers secure, instant communication that replaces traditional two-way radios, a feature designed to serve security firms, logistics companies, and emergency teams. The cloud-based banking system targets microfinance institutions (MFIs) and savings cooperatives by enabling them to manage customer accounts, loans, and transactions more efficiently. The education management system is a cloud-based platform that handles enrollment, student records, fee payments, and communication between teachers, students, and parents, which Ethio telecom said will modernise school administration and improve the learning experience.

[ssba-buttons]

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...