FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds

Fortune Logo

Fortune News

  1. Home
  2. Fortune News

Sep 3 , 2022

FAIR HOLIDAY FAIR

Inflatable decorations, bright lights and New Year paraphernalia are back in Mesqel Square as the holiday fair was opened at Addis Abeba Exhibition Centre. Crowds, about 3,000 a day, and expected to b...

Sep 3 , 2022

Fraud Suspicions Bring City Farmland Registration to Screeching Halt

Mayor Adanech Abiebie's administration has frozen efforts to register plots by farmers in the peripheries of Addis Abeba following reports of fraud. The suspension coincides with an announcement th...

Sep 3 , 2022

Fed Banks on Automated Public Procurement Process

Haji Ebsa, director general of the Public Procurement & Property Authority, has begun rolling out an electronic public procurement system by automating the end-to-end process. Dubbed “electronic...

Sep 3 , 2022

Ministry Reigns on Traveller Duty-free Privileges

Federal authorities are to play tough on privileges granted to travellers who can bring duty-free items into the country for personal use. Experts at the Ministry of Finance have finalised a strict...

Sep 3 , 2022

Bunna Insurance Joins Automation Frenzy for a Million Dollars

The youngest insurance firm has struck deals with an Indian-based technology firm to acquire a CORE solution, joining the industrial frenzy. Regulators at the National Bank of Ethiopia (NBE) issued...

Sep 3 , 2022

Indian Firm Bags 41m Br Contract to Study Road Delays, Cost Overruns

An India-based consultancy firm has secured a considerable contract to study contractors' capacity and consultants in the construction of road projects. Its finds will determine the causes and constra...

Sep 3 , 2022

State Agri Corp Looks to Spur Mechanization with $5m Tractors Buy

Commercial farmers and unions in the Amhara Regional State are to see an opportunity to buy machines if a deal a state-owned corporation struck with a German company goes through unimpeded. The Eth...

Aug 27 , 2022

CERTIFIED FOSSILS

Takele Uma (right), minister of Mines, gave a tour of the Ethiopian Mineral Gallery, inaugurated last June, to showcase the potential and ambition to develop the mineral industry. It was a side ritual...

Aug 27 , 2022

Regional Admins in Uproar over Surging Cement Prices, Supply Shortages

Trade officials from regional states are in an uproar over the worsening cement shortage sending retail prices through the roof. They have lodged complaints with federal authorities. Cement supply...

Abie Sano Opts for CBE ATM Management Outsourcing

Abie Sano has the Commercial Bank of Ethiopia's (CBE) executive team consider outsourcing the management of automated teller machines (ATMs) to a third party. Potential bidders began vying to bag a lu...

Aug 27 , 2022

Trade Ministry Lists More Crops to Contract Farming Scheme

Trade officials have added six commodities under the contract farming scheme, hoping to fight what they say is “rampant” under-invoicing and hoarding practices. Officials hope to boost export reve...

Aug 27 , 2022

Minister Takele Eyes Iron Ore Mining Industry Emerge

Takele Uma has begun the long journey of animating an iron ore mining industry, hoping to reverse the downward spiral in metal products manufacturing brought on by raw material shortages. The Minis...

Aug 27 , 2022

Municipal Authorities to Formalise "Bajaj" Transport

Municipal authorities are endeavouring to bring three-wheeled vehicles under oversight, introducing a route-based public transport system in the capital. There have been attempts to regulate three...

Aug 27 , 2022

Moroccan Group Bequeaths Fertiliser to Wheat Sufficiency Aspirations

Moroccan executives of the state-owned OCP Group have let agriculture authorities breathe a sigh of relief after offering 50,000tn of much-needed chemical fertilisers, free of charge. At current price...

Aug 20 , 2022

Gov't Imposes Price Thresholds for ECX Oilseed Trade

The Ethiopian Commodity Exchange (ECX) has set floor and ceiling prices for trade in oilseeds and pulses. The Exchange's board of directors, chaired by Yinager Dessie (PhD), central bank governor,...

Authorities Consider Direct Selection as Public-Private Bids Falter

Authorities in charge of the federal public-private partnership (PPP) initiative are mulling over selecting foreign investors looking to participate in joint projects as several awarded to prospective...


Most read

Columns

Commentaries | Aug 22,2026

Exports Need One Owner, Not a Dozen

Life Matters | Aug 22,2026

Hyper-Connected. Rarely Together

My Opinion | Aug 22,2026

Telebirr Builds the Infrastructure. CBE Drives the Traffic

Sunday with Eden | Aug 22,2026

Get Good First, Let the Passion Follow

Agenda | Aug 22,2026

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

Editorial | Aug 22,2026

Exports Record Worth Having. They Worth More as a Beginning


         ADVERTISEMENT

Read More

Exports Record Worth Having. They Worth More as a Beginning

A record is a strange thing to worry about. Federal trade officials have booked the best e...

Editorial | Aug 22 , 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

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

The tax bill that reached Ferdos Debebe this year left little room in the tight finances o...

Agenda | Aug 22 , 2026 . By ABDUREUF JUHAR and FITSUM TADESSE

Central Bank Writes Rulebooks for Billion-Birr Market Already Exists

The forthcoming strategy for interest-free finance will place Sharia-compliant financing o...

Fortune News | Aug 22 , 2026 . By BEZAWIT HULUAGER