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Fortune News

Mar 2 , 2024

Thorns in Bloom: Rose Exports Face Fresh Risks as EU Tightens Grip

Ethiopia's agriculture authorities are urgently addressing compliance issues with the European Union's forthcoming standard on False Coddling Moth (FCM), a move that could pose a significant threat to...

Feb 24 , 2024

DREAM HOMES DEFLATE IN DOWNTURN

The once-booming real estate market faces a downturn, with developers struggling with declining demand and falling prices. Developers see demand for upscale apartments in the Bole District plummet to...

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...

Columns

Commentaries | Jun 06,2026

The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE

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