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Fortune News

Nov 18 , 2023

Big Shots Probe Startup Perks and Pitfalls

Heavy hitter business owners convened to chart a course on the fortunes and adversities of the startup ecosystem last week. In the presence of a policy far from constituting essential elements, the hu...

Nov 11 , 2023

Al-Amoudi Makes Notable Appearance

In a blend of diplomacy and opulence, Prime Minister Abiy Ahmed (PhD) and his delegation have privately met with business magnate Mohammed Hussein Ali Al-Amoudi (Sheik) in Jeddah. The encounter, marke...

Authorities Suspend Gas Stations, Fueling Controversy, Shortage Concerns

In a move that has sparked outcry and apprehension, Petroleum & Energy Authority officials have suspended operations of 40 gas stations in Addis Abeba and the surrounding Sheger cities. The decisi...

Nov 11 , 2023

Steel Industry Melts as Duty-free Imports, Contraband Forge a Crisis

A storm is brewing in the steel industry, threatening the existence of domestic manufacturing and challenging the country's industrial ambitions. At the centre of this storm are allegations of rampant...

Nov 11 , 2023

Financial Inclusion Gains Traction in Africa with a Few Laggards

Universal financial inclusivity remains elusive in Africa, with no countries reaching a 'mature level' while only five are labelled 'progressed' in the spectrum. Ethiopia along with a dozen other coun...

Nov 11 , 2023

Authorities Zero In on Agro Investment Opportunities

In a momentous move to revitalise the local horticulture market by empowering smallholder farmers with access and resources and propelling the fruit and vegetable sector to unprecedented levels, an ex...

Nov 11 , 2023

Ministry Targets Import Substitution to Bump Manufacturing

In an industrial manufacturing landscape plagued by shortages of raw materials, foreign currency and skilled labour, an industrial policy entailing increased focus on import substitution has made its...

Nov 4 , 2023

ADDIS ABEBA'S URBAN QUAGMIRE

Addis Abeba's rapid expansion and population bulge outpaces its infrastructural development, leaving residents in many of the condominium sites in a precarious situation. Efforts are underway to addre...

Coffee Exports Wilt Under Credit Duress

As the harvest season hits its stride, the coffee industry faces a financial bind. Growers, exporters, and traders are scrambling as access to credit dries up, leaving them without the means to pay fo...

Nov 4 , 2023

Dashen Bank Defies Forex Flux, Posts Profit in Choppy Waters

In a financial landscape beset with market uncertainty, Dashen Bank has registered a modest increase in net profits in its operations for 2022/23. While this marks a positive trajectory, the growth is...

Nov 4 , 2023

Ethiopia Eyes $750m Agri Investment from Private Sector

As part of the strategy to boost agricultural production, Ethiopia moves to mobilise international funds through a 750 million dollar investment proposal submitted to the Food and Agricultural Organiz...

Nov 4 , 2023

Foreign Civil Societies Entry Set for Revamp

Civil society organisations (CSOs) with roots extending to foreign countries are compelled to provide a two-year work plan which clearly highlights their program expenses, source of funds and project...

Nov 4 , 2023

A Quantum Leap Forward for Rural Land Use Policy

Farmers will be able to access loans from financial institutions using their landholding rights as collateral through a revised rural land administration bill which was passed to the Parliament last w...

Oct 28 , 2023

THE MENTAL CARE DEFICIT

Amanuel Mental Specialised Hospital is more than a medical facility; it embodies Ethiopia's turbulent past and the ongoing trauma it faces in addressing mental health issues. In the busy area of Merka...

Oct 28 , 2023

Ministry Slashes Subsidies as Global Fertiliser Price Slumps

Officials of the Ministry of Agriculture are poised to make a considerable reduction in fertiliser subsidies, potentially by over 50pc this year, in response to the shifting global fertiliser markets...

Floriculture Investors Navigate Oromia Region's Murky Landholding Waters

For the past 15 years, horticulture farmers in the thriving towns have lived through a paradox - booming business with no solid footing on the land they operate upon. Investors have long navigated the...

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