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Fortune News

Oct 24 , 2020

Institutionalising Diplomacy: Possible Solution for GERD Impasse

Creating an institution for the ongoing negotiations between Ethiopia and Egypt has been posited as one solution going forward with the issues surrounding the Grand Ethiopian Renaissance Dam (GERD). T...

Oct 24 , 2020

Nib Accelerates Transition to Digital Banking

Nib International Bank (NIB) has initiated a massive expansion of its digital banking system and infrastructure with an estimated investment of 350 million Br. With the latest expansion, the Bank will...

Oct 24 , 2020

Capital Approves Construction Contracts for 75pc of School Feeding Facilities

Nine contractors have won a bid to build 118 kitchens and dining halls in public schools included under the School Feeding Programme across nine districts for 765 million Br. The bid for 33 other scho...

Oct 24 , 2020

Looming Grid Code to Regulate Power Transmission

A Committee under the Ethiopian Energy Authority (EEA) is set to table the National Transmission Grid Code, a framework which defines the rules, standards, and technical requirements for transmission...

Oct 24 , 2020

Couriers Back in Business Following Gov't Ban

The ban on 16 courier service providers was lifted as of this month following the operationalisation of the new company, Safe Zone Warehousing Plc. The Ethiopian Customs Commission banned the courier...

Oct 24 , 2020

Authority to Give Star Ratings to Transporters

Based on the quality of their services, transportation service providers will get star ratings, according to a new directive drafted by the Federal Transport Authority (FTA). Categorising the transpor...

Oct 24 , 2020

Public Health Institute Building Biological Labs for $150m

The Ethiopian Public Health Institute (EPHI) started the process of building 16 state-of-the-art laboratories, investing 150 million dollars in the hopes of strengthening the nation's laboratory studi...

Oct 17 , 2020

RESPONSE IN FUTILITY

Kemise Wereda suddenly grew dark in the middle of the day last month. The sun could barely be seen anymore. On most other years, this would have been the clouds. That day, and for days to come, it was...

Oct 17 , 2020

Authority Writes Law to Boost Telecom Access

The Ethiopian Communications Authority, which is in the process of issuing licenses to two new telecom operators, has drafted a new framework that requires the operators in the country to cover 98pc o...

Central Bank to Decide on old Note Disposal

The National Bank of Ethiopia (NBE) is considering three options for how to dispose of the old banknotes that are going to be fully redeemed in two months. Burning, shredding the banknotes to turn the...

Oct 17 , 2020

MIDROC Introduces Pivot Irrigation System to Ethiopia

MIDROC Ethiopia Investment Group has contracted a Saudi Arabian company to supply 244 pieces of agricultural machinery to irrigate farmland for ELFORA and Ethio Agri-CEFT. Alkhorayef Industries will b...

Oct 17 , 2020

Nib Expands ATM Network with NCR Brand

Nib International Bank, one of the oldest banks, has procured 250 automated teller machines (ATM) for an investment of 76 million Br. Moti Engineering, a prominent local technology and banking solutio...

Oct 17 , 2020

Dozens of Gov't Officials Miss Asset Registration Deadline

Only half of the high ranking government officials who failed to register their properties with the Federal Ethics & Anti-Corruption Commission used the second chance they were given for registrat...

Oct 17 , 2020

GIZ, Authority Team up to Support Bamboo Makers

The government of Germany and Ethiopia have partnered to launch a project to finance 30 small and medium-sized manufacturers from five selected regional states to work on bamboo production. Worth 78 m...

Oct 17 , 2020

State Firm Seals Deal to Design Groundwater Dams

The Ethiopian Construction Design & Supervision Works Corporation has secured a deal to supervise the construction of two groundwater dam projects in two regional states at a total cost of 18 mill...

Oct 17 , 2020

Fourth Round COWASH Project Embarks with €18m

The Finnish and Ethiopian governments have committed 18 million euros to launch the fourth phase of a project that works on hygiene and sanitation at the beginning of this coming January. The project...

Columns

Commentaries | Jul 31,2026

The Rains May Fail, Policy Dare Not

Weldu Yiheysh has not read the Pacific temperature charts. He does not need to. In Shibta...

Editorial | Jul 31 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

Tax Bills Outrun the Metre, Stalling Ride-hailing Drivers

Elbeletel Tilahun was among the ride-hailing drivers startled by this year's tax assessmen...

Agenda | Aug 1 , 2026 . By BEZAWIT HULUAGER

Right-sizing Tests Addis Abeba University’s Promise for Autonomy

Addis Abeba University set out to win its institutional autonomy. Two years in, that freed...

Fortune News | Aug 1 , 2026 . By NAHOM AYELE