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Harvesting Finance


Harvesting Finance

From left: Agriculture Minister Girma Amente (PhD), Finance Minister Ahmed Shide, and National Bank Governor Mamo Mihretu during the second Ethiopia Finance Forum on July 22, 2025, at Commercial Bank of Ethiopia’s HQ located around Ras Abebe Aregay St. Officials unpacked the National Agri-Finance Implementation Roadmap (NAFIR), a push to widen credit access for inputs like irrigation, livestock, and mechanisation. Despite making up 32pc of GDP and 64pc of employment, agriculture secured just 8pc of total bank loans in 2023/24, falling well short by 2pc of demand.

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In-Picture

IMPERIAL WITNESS

Excavated earth now surrounds the gilded bronze Lion of Judah Monument near Legehar (La Gare) railway station on Ras Mekonnen Avenue, as preparations get underway to move the monument 60 metres backward to make way for road-widening works. Nothing on the monument itself will change; it will be carefully relocated intact, continuing to face the Addis Abeba Municipality Office. Standing atop a black granite pedestal bearing the likenesses of Ethiopia's last four emperors, the Lion was sculpted by...


In-Picture

WHEELED EVOLUTION

A bike lane once foreign to Addis Abeba is now busy serving its intended purpose, and then some. Along African Avenue, beside the walls of the Skylight Hotel, a man rides a small electric scooter while another pushes a two-wheeled wheelbarrow loaded with cement sacks along the same lane. Intended exclusively for cyclists, the lane has become an unlikely meeting point for two forms of wheeled transport, leaving one to wonder whether the rules call for a citation or applause. The scene captures a...


In-Picture

STREET BALLERS

Children kick a ball around the parking lots surrounding Entoto Park, turning an otherwise quiet morning into an impromptu football pitch. One boy, wearing the jersey of St. George Football Club, one of Ethiopia's most decorated teams, is a reminder that football remains very much alive. The government has built football fields across the city, yet it is still common to find people playing in streets, parking lots and open spaces. Perhaps the fields are too costly for some, or perhaps football i...