Fortune News

FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New

Fortune News

Oct 19 , 2019

Regional State Provides Unemployed Youth with Tractors

As part of an effort to create job opportunities, the Oromia Regional State has provided organised groups of youth with 350 tractors worth 285 million Br in a loan arrangement. Kegna Agricultural E...

Oct 12 , 2019

Ethiopia to Downsize GERD's Installed Capacity

Amid a bitter standoff with Egypt over the construction of the Grand Ethiopian Renaissance Dam (GERD), Ethiopia is considering cutting the installed capacity of the Dam by 1,300MW. The Dam that has...

Oct 12 , 2019

PM Abiy Becomes First Ethiopian Nobel Laureate

For the first time in Ethiopian history, Prime Minister Abiy Ahmed (PhD) won this year's Noble Peace Prize for his achievement in ending the two-decade standoff between Ethiopia and Eritrea. The wa...

Ministry Launches Three New Irrigation Dams

The Ministry of Water, Irrigation & Energy began the construction of three irrigation dams in Oromia Regional State at a total cost of 4.9 billion Br. Located in Chelchel Raytu Bale, Welmel Bal...

Oct 12 , 2019

Grand Palace Opens to Tourists

The Park inside the Grand Place, which has been viewed as the epicentre of political power, will be open to the general public and tourists as of Monday, October 14, 2019. Under construction since...

Oct 12 , 2019

President Signals Security, Stability as Gov't Focus Area

President Sahle-Work Zewde's first address to the joint session of the two houses of parliament since she came to power signaled that the government's major direction for the current fiscal year will...

Oct 12 , 2019

Bill Takes Shape to Introduce Construction Quality Audit

A new bill that will enable the Ministry of Urban Development & Construction to audit the construction of any public project is reaching the final stage for legislation. The audit aims at inspe...

Oct 12 , 2019

Trade Ministry Equips National Laboratory with $5m

Laboratory equipment, which will be used to test agricultural, textile and leather products, is set to be procured with financial support from the World Bank. Worth close to five million dollars, t...

Oct 12 , 2019

MAN OF PEACE

It is a long way from Beshesha, Ethiopia to Oslo, Norway. It is only a short 18 months since he became Ethiopia's Prime Minister. But that is all it took for the once obscure Abiy Ahmed (PhD) to cover...

Oct 12 , 2019

Mizan-Tepi University Set to Build Dorms, Classrooms

Mizan-Tepi University, one of the 50 state universities, announced plans to construct apartments and classrooms for an estimated investment of 640 million Br. The five block apartments, which will...

Oct 12 , 2019

WB Endows Regional Laboratory with $27m

Through the help of the World Bank, the federal government announced its plans to build a giant laboratory that will be used for clinical, diagnostic, teaching and research activities. Expected to...

Oct 12 , 2019

Ethiopia's Prime Minister Wins Noble Peace Prize

Prime Minister Abiy Ahmed (PhD) won this year's Noble Peace Prize for his initiative in ending the border conflict between Ethiopia and Eritrea, which lasted for almost two decades. The announcemen...

Oct 10 , 2019

Regional Heads Expected to Attend Grand Palace Inaugural

Heads of state from the region are expected to attend the inauguration of massive development inside the Grand Palace, named Unity Park. The park which is scheduled to be inaugurated on Thursday...

Oct 10 , 2019

Djibouti Port Chief Passes Away, in France

Saad O. Guelleh, general manager of the Port of Djibouti, has passed away yesterday, at the age of 78. He was a brother of Djibouti's President, Ismail Omar Guelleh. Saad departs this life on Octob...

Oct 5 , 2019

IRREECHAA: PRAISE & RHYTHM

It started early on Friday morning, and it kept on going uninterrupted for more than 24 hours into Saturday afternoon. A sound of rhythmically coordinated footsteps, faster than walking but not quite...

Oct 5 , 2019

Central Bank Partially Takes Over Training Facility

After a fierce three-year battle, the central bank partially took over its training facility located in Aqaqi, which the University of South Africa (UNISA) has been using. The National Bank of Ethi...

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