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

Fortune Logo

Fortune News

  1. Home
  2. Fortune News

Feb 24 , 2024

Fertile Grounds, Barren Hope

A crisis looms over the fertile lands of Gambella and Benishangul Gumuz regional states, where the future of commercial farming was once in high hopes. Faced with the spectre of foreclosure, burden...

Feb 24 , 2024

City's Multibillion Birr Investment on Agri Hubs Aspires to Outsmart Inflation

A major initiative by the Addis Abeba City Administration targeting food inflation and improving accessibility to agricultural products is gaining momentum. Establishing three vast agricultural market...

Feb 24 , 2024

Authority Takes on Regulatory Thrills

A concerning picture of public health safety was painted by the Ethiopian Food & Drug Authority (EFDA) amid administrative and economic adversities. A surge in illicit pharmaceuticals and contamin...

Feb 24 , 2024

Transporters Tread Bumpy Road to Commercialisation

Public transporters are facing financial constraints and organisational hurdles as they undergo a transition from associations to commercial entities, adhering to stringent standards set by the Minist...

Feb 18 , 2024

Africa Dances on Debt Volcano Edge with Inflationary Lava

The African Development Bank Group (AfDB) offered a sobering assessment of the continent's economic course, featured by declining financial flows, surging debt service costs, weakening currencies, and...

Feb 17 , 2024

SUMMIT SNUB SPARKS DIPLOMATIC RIFT

In a startling turn of events at the African Union (AU) on Saturday, February 17, Somalia's President Hassan Sheikh Mohamud claimed security forces barred him from the AU's summit venue, sparking a ne...

Credit Where It's Due

The Addis Abeba Chamber of Commerce & Sectoral Association (Addis Chamber) has embarked on a pioneering venture to establish the country's first credit rating service, a move many in the private s...

Feb 17 , 2024

Race Against Time: Coffee Authority Brews Alliance with Global Giants

In a daring alliance set against the ticking clock of impending doom, global coffee titan JDE Peet's and sustainability scout Enveritas have forged an unprecedented partnership with the Ethiopian Coff...

Feb 17 , 2024

Nib Bank Board Rejects President's Exit

Nib Bank's newly appointed Board of Directors rejected Bank President Genene Ruga's resignation last week. His resignation letter submitted on February 10 received a peculiar response five days later...

Feb 17 , 2024

Commission Polishes Regulatory Field for Financial Cooperatives

Non-interest-bearing financial products can now be part of the credit portfolio provided by savings and credit cooperatives (SaCCos) as the Ethiopian Cooperative Commission introduces a groundbreaking...

Feb 10 , 2024

BLOOMS WILT, TROUBLES BLOSSOM

The once-thriving Tal Flower Farms and Tana Flora have fallen into silence in the lush terrains of Amhara Regional State. These flower farms, which exported millions of stems worldwide, have succumbed...

Feb 10 , 2024

A Tooth Extraction for Growth, with the IMF as Dentist

In his last week's address to Parliament, Prime Minister Abiy Ahmed (PhD) painted a picture of an economy at a crossroads, poised for transformative reforms but not without the requisite pain such shi...

Feb 14 , 2024

Fed Rolls Out Red Carpet for Real Estate Titans

The federal government, alongside private sector players, is embarking on an ambitious pilot project to construct 3,600 housing units. The initiative, routed through Public-Private Partnerships (PP...

Feb 10 , 2024

Ministry Extends Lifeline to Struggling Edible Oil Producers

In a concerted effort to extend financial support during the soybean harvesting season, authorities have initiated a credit scheme for edible oil manufacturers through the Ethiopian Commodity Exchange...

Feb 10 , 2024

Biscuit Manufacturer Faces Uphill Tax Battle Amidst Production Halt

The once vibrant operations of Ahadukes Food Products Plc, a manufacturer of Tiger biscuits, came to a grinding halt a month ago. A joint venture investment for the past decade, the Company's executiv...

Feb 7 , 2024

When Abundance Meets Red Tape, Manufacturers Get Salty

An industrial paradox unfolds as a considerable salt shortage grips the manufacturing sector, despite the country sitting atop a vast reserve of this crucial industrial commodity. The situation, as...


Most read

Columns

Commentaries | Oct 11,2025

Stale Exchange Rates Hide Costs During Debt-for-Equity Conversions

Life Matters | Oct 11,2025

The Savior Complex, When Helping Hurts

My Opinion | Oct 11,2025

Climate Crisis Is Real. The Hysteria Is Not

Sunday with Eden | Oct 11,2025

The Power of Staying Unexplainable

Agenda | Oct 12,2025

TOMATOES TASTE OF INFLATION

Editorial | Oct 11,2025

The Human Flight a Failure of Political Imagination, Not a Mere Economic Policy


         ADVERTISEMENT

Read More

The Human Flight a Failure of Political Imagination, Not a Mere Economic Policy

Ladislas Farago, a roving Associated Press (AP) correspondent, arrived in Ethiopia in 193...

Editorial | Oct 11 , 2025

TRADITION THRIVES AS COSTS CLIMB

As dawn broke over Addis Abeba last week, the city's arteries pulsed not with the usual we...

Featured | Oct 5 , 2025 . By REDIET YARED

TOMATOES TASTE OF INFLATION

Tomato prices in Addis Abeba have surged to unprecedented levels, with retail stands charg...

Agenda | Oct 12 , 2025

TOMATOES TASTE OF INFLATION

Tomato prices in Addis Abeba have surged to unprecedented levels, with retail stands charg...

Fortune News | Oct 12 , 2025