Ministry Adjusts Fuel Prices

Radar

Ethiopia Gears Up to Host Global Logistics Leaders in 2027

Logistics professionals are gearing up to discuss industry developments and strengthen international ties, as Ethiopia hosts the 64th World Congress of the International Federation of Freight Forwarders Associations (FIATA) after two years. The move is expected to benefit the logistics sector and broader economy, with 1,500 to 2,000 participants expected from around the world. The Congress has been held continuously for 61 years since its inception in Vienna. Ethiopia will become the third Af...

Civil Registration Agency Set to Roll Out FAYDA ID Registration Across Addis Abeba

The Civil Registration & Residency Service Agency (CRRSA) will lead the registration of the FAYDA digital ID system across Addis Ababa, covering 119 woredas, 11 districts, and the Agency's two branch offices. FAYDA is a 12-digit identification number issued by the National ID Program (NIDP), designed to provide access to digital services nationwide, collecting essential demographic data and biometric information. It is part of the Digital Strategy 2025, which aims to establish a full set...

Digital Platform Aims to Bridge Financing Gap for MSMEs

To bridge the financing gap in micro, small, and medium enterprises (MSMEs), Ahadu Bank has launched an uncollateralised digital lending platform. Dubbed 'Mahder,' the new system enables credit registers, financial record keeping and reporting, and account opening. It was developed in partnership with K.M. Dastur & Company KMD), APSIS and SNV. The absence of digital and credit infrastructure, limited data, an imbalance of risks and costs, insecure transactions and collateral registries, and...

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