Fortune News

FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New

Fortune News

Apr 9 , 2022

New Rules Tighten Leash for Consultants, Introduce Harsher Penalties

Consultants and firms failing to hand over public projects meeting standards and upon schedule can be denied competence certificates. A new directive effective last week granted the Ministry of Urban...

Apr 9 , 2022

Ministry Inks 480m Br Deal to Curb Water Wastage in Towns

Two companies have signed a half-billion Birr contract to supply and install equipment that controls and measures utility water flow to cut down on wastage. The Ministry of Water & Energy has sele...

Apr 9 , 2022

Federal Gov’t to Launch Digital Agri Extension Services Roadmap

A digital agricultural extension services advisory roadmap will be developed by an American consulting firm the federal government hired. Boston Consulting Group, a global consulting firm, will be...

Apr 9 , 2022

Dysfunctional Irrigation Project Deflates Farmers' High Hopes

An irrigation project in the Amhara Regional State remains dysfunctional four years after its completion, trouncing the dreams of thousands of smallholder farmers who had hoped the project would help...

Apr 2 , 2022

UNPLIABLE PLASTIC, BATTERED SECTOR

A few years ago, a week did not go by without a new plant for bottled water kicking off production. Those roaring times have come to a screeching halt. Consumers are noticing. A two-litre bottle of mi...

Apr 2 , 2022

Pressed for Cash, Unable to Access Loans, Payment Scheme Troubles Oil Companies

Oil companies struggle to make upfront payments to the Ethiopian Petroleum Supply Enterprise (EPSE) following the shift in payment modalities accepted by the state-owned company. For years, transac...

Apr 2 , 2022

'Reject' Coffee Scarcity Hurting Business: Roasters Decry

Coffee roasters plead for a solution to the scarcity of "reject" coffee on the Ethiopian Commodity Exchange trading floors (ECX). Legislation makes the ECX the only place where roasters can source cof...

Apr 2 , 2022

Fuel Truck Owners Run Out of Patience, Threaten Strike

Leaders of an association representing fuel truckers say they have run out of patience waiting for the federal government to adjust fuel transportation tariffs, threatening to strike if their demands...

Apr 2 , 2022

Fed to Set Up 700m Br Seed Labs

The setting up of laboratories for seeds inspection is underway on a plot of land in Akaki Qality District, behind St. Gabrial Church. The 23,000sqm land is under the Ministry of Agriculture (MoA), wh...

Apr 2 , 2022

Japanese, Chinese Firms Pair to Build Ethiopia Geothermal Plant

A Japanese and Chinese consortium is contracted to erect a geothermal power plant in Ethiopia after willing a lucrative deal. Comprising the Mitsubishi Corporation and SEPCOIII Electric Power Construc...

Apr 2 , 2022

Corp's Grand Housing Development Plans Draw International Attention

International developers have shown strong interest in constructing 15,000 housing units, three convention centres, and two horse racing venues to be developed in Addis Abeba. The Land Bank & Deve...

Apr 2 , 2022

Zemen Bank Joins E-commerce Bandwagon

Zemen Bank is the latest to join an international e-commerce gateway service partnering with the global payment service provider, Mastercard. The gateway is a merchant service provided through an e-co...

Apr 2 , 2022

Law to Compel Mass Transport Vehicles Install GPS Tracking Devices

A law prescribing satellite tracking devices be installed on vehicles engaged in mass transportation is in the making, designed to manage the enforcement of the federal government's impending petroleu...

Mar 30 , 2022

INFLATION CAUSES PAIN, LITERALLY!

Consumers in Ethiopia wake up each day to find the cost of living edging ever higher. The outcome is muffled consumption on most goods, except those essential and, evidently, items of life and death....

Mar 26 , 2022

Tax Liabilities, Pending Lawsuits Hamper Edna Mall Foreclosure

Claims by tax authorities and pending lawsuits stand between the Chinese company in the process of acquiring Edna Mall and the state-owned commercial bank that foreclosed the property a few months ago...

Mar 26 , 2022

Bill Keen to Overhaul Contract Farming, Expands to Other Grains

A long-awaited legislative piece that formalises contract farming models has reached the final stage before a landmark parliament passage. Federal officials hope to encourage expanding a demand-dri...

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

News Alert