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



Ministry Intensifies Crackdown on Illegal Fuel Activities


Ministry Intensifies Crackdown on Illegal Fuel Activities

Ethiopia has stepped up enforcement against alleged illegal fuel activities, resulting in the seizure of 250,221 litres of benzene and 198,432 litres of diesel, according to Kassahun Gofe (PhD), Minister of Trade & Regional Integration. Of the confiscated fuel, stock valued at 48.66 million Br has been released for legal sale, with proceeds directed to government revenue. A total of 613 individuals have been detained in connection with the operation, including trade office officials, regulatory experts, fuel station owners and employees, group leaders, and security personnel. The minister said the coordinated campaign aims to ensure fair and orderly fuel distribution, while urging distributors and the public to use petroleum responsibly amid ongoing global supply pressures. Authorities said the enforcement drive will continue, as the government moves to curb illegal trade, prevent artificial shortages, and safeguard the regulated fuel supply system.

[ssba-buttons]

Radar

Coffee Export Platform Links Ethiopian Roasters with Overseas Consumers

Ethiopian coffee roasters have gained a direct route to international consumers through a multi-brand e-commerce export platform launched by DHL Express Ethiopia and EXM Global PLC. The companies say it is the first platform of its kind in Ethiopia. Bringing together 10 Ethiopian coffee brands in a single digital marketplace, the platform enables overseas customers to order freshly roasted coffee in quantities ranging from speciality retail purchases to larger commercial volumes. DHL Express...


Radar

Addis Abeba Clears 59Km of Rivers, Remains Short of Halfway

Addis Abeba has completed 59Km of river cleanup and development work, although total coverage has yet to reach 50pc. Mayor Adanech Abebe said the 59Km stretch was transformed in one and a half years as she presented a comprehensive review of the city's strategic plan from 2022 to 2026. Mayor Abebe described the progress as a major "breakthrough", saying the work relied entirely on the city's funding, engineers, architects and workers. By comparison, she said, a world-renowned foreign contract...


Radar

Kisse Platform Brings Collateral-Free Microloans Through Agent Network

Mefithe Microfinance S.C., MZ Tech, and Arifpay Financial Technologies S.C. have launched “Kisse”, an agent-powered digital microloan platform designed to expand access to finance for micro and small enterprises. Through trained local agents, borrowers can apply for collateral-free, short-term business loans. Once approved, the funds are transferred to mobile wallets or bank accounts through Arifpay's payment gateway. The partners said loans can be disbursed within hours. Under the par...