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




IFC Pledges to Advise Customs Reform

Apr 6 , 2019


[ssba-buttons]

A cooperation agreement between the International Finance Cooperation and the Ethiopian Customs Commission has been signed to provide advisory support for reforms in trade logistics. The agreement, signed between Dahlia Khalifa, senior manager at IFC, and Debelle Kabeta, commissioner of Customs, provides a framework for advisory support to be implemented in a three-year program in partnership with the Commission as well as other public and private sector stakeholders. IFC has been working with the former Ethiopian Revenues & Customs Authority to improve the country’s investment climate. The new agreement is a continuation of the previous initiative and will build on the work that has already been done. The new program is expected to improve ECC’s customs risk management, establish streamlined transit and border crossing procedures and implement the national Electronic Single Window (eSW) system.


Radar

Tariff Reform Powers EEP Revenue to 119 Billion Br

Ethiopian Electric Power (EEP) collected 119 billion Br in revenue during the 2025-2026 fiscal year, up 57.8pc from the previous year, while recording a gross profit of 39.5 billion Br. The performance comes as EEP faces public scrutiny over a multi-year electricity tariff reform. EEP achieved 92pc of its 129.8 billion Br revenue target. It attributed the performance to improved revenue collection systems and better coordination, following a period in which the utility operated at a significa...


Radar

ESX Names Yodit Kassa CEO in Leadership Handover

The Ethiopian Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa. ESX credited Tilahun with steering the Exchange from its early project phase into a fully operational securities market. He established its governance, technological and operational foundations while building relationships with regulators, investors and other stakeholders. Yodit and Tilahun have been...


Radar

Enat Bank Enlists Partners to Develop Gender Bond

Enat Bank has entered a four-party partnership to develop what the partners describe as Ethiopia's first private-sector gender bond. The bank signed a memorandum of understanding with FSD Ethiopia, I-Capital Africa Institute and FSD Africa to structure and launch the bond. The partners will collaborate throughout the pre-issuance and post-issuance phases. Their work will cover transaction structuring, framework development, regulatory compliance, investor engagement and post-issuance manageme...