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Fortune News

Sep 8 , 2019

EU Seeds €10m to Support Coffee Production

The European Union granted 10.5 million euros for a project that aims at increasing the quality and quantity of coffee production in 28 weredasin the country. The EU-Coffee Action for Ethiopia (EU...

Aug 31 , 2019

FACE TO FACE

Ahmed Shide (left), minister of Finance, and Adanech Abebe, minister of Revenues, attended the 28th Finance & Revenue Consultative Meeting in Addis Abeba on August 30, 2019. The biannual meeting,...

Aug 31 , 2019

Secretary-General Leaves Post

Endalkachew Sime, secretary-general of The Ethiopian Chamber of Commerce & Sectoral Association, resigned from duty on August 25, 2019. The board of directors that approved the letter of resignat...

Aug 31 , 2019

Donkey Abattoir Up for Sale

The nation's first donkey slaughterhouse, Shandong Dong, which was banned from operation for the past two years, is up for sale. Shandong, a Chinese Company, is now looking for buyers and floated a...

Aug 31 , 2019

Ministry Set to Buy 1.3b Br Worth of Fertiliser

The government is set to buy 50.5 million quintals of fertiliser at an estimated cost of 13.9 billion Br. The fertiliser will be used for the next three years and will be distributed to all regional s...

JICA Finances Tyre Retread Plant

The Japanese development agency has approved a project proposal that aims at establishing a tyre retreading plant in Ethiopia. Japan International Cooperation Agency (JICA) accepted the project pro...

Aug 31 , 2019

City Installs First Speed Radars

Addis Abeba Traffic Management Agency mounted seven speed radar systems around Piassa at a cost of three million Br. The installation of the radar systems was financed by Bloomberg Philanthropies,...

Aug 31 , 2019

Corp. Revives Leather City Project Despite Delays

After a five-year delay, the Industrial Park Development Corporation took 290ha of land to construct a leather industrial park in Modjo, Oromia Regional State. Initially planned to be constructed b...

Aug 31 , 2019

Ethio Telecom Releases Three-Year Strategic Plan

The state giant Ethio telecom has given itself one year to prepare for new competition that will join the market when the government implements liberalisation of the sector. The company's three-yea...

Aug 31 , 2019

Nation's First Water Park Opens in Bishoftu

Kuriftu Resort & Spa inaugurated the nation's first-ever water amusement park in Bishoftu on August 31, 2019. The park, lying on 72,000Sqm of land, features a water play area and 123 international...

Aug 31 , 2019

Ministry Issues Ten Mining Licences

The Ministry of Mines & Petroleum has issued ten mining licences for seven companies with investments valued at a total of 258 million Br. Seven of the licences are issued for exploration, while...

Aug 31 , 2019

Ministry Upgrades Training Centre into University

The Ministry of Science & Education is considering upgrading the existing Federal Technical & Vocational Training Institute into a technical university. For the upgrade of the Institute, th...

Aug 31 , 2019

Ethio-Japan Business Seminar Takes Place In Japan

The Ethio-Japan Business Seminar is taking place in Yokohama, Japan with the presence of over 230 local and Japanese companies. The seminary is taking place as a side event of the seventh Tokyo Int...

Aug 30 , 2019

African Chamber of Commerce Forms in Japan, by Diplomats

The African Chamber of Commerce in Japan (AfCCJ) was formed today, by members of the diplomatic corps gathered for a forum where high-level delegates from no less than 45 heads of state from African c...

Aug 24 , 2019

CALLING ON THE GURUS

An initiative that partners the government of Ethiopia with economic experts from Harvard University was unveiled on August 23, 2019, at the Addis Abeba Hyatt Regency Hotel. The event was attended by...

Aug 24 , 2019

Ministry Removes Industrial Inputs Privileges

Imported complete knocked-down and semi knocked-down industrial inputs will not be getting a special privilege beginning this November, according to the revised customs tariff issued by the Ministry o...

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