Ministry Issues Curfew for Gas Stations 

Nov 7 , 2020


[ssba-buttons]

The Ministry of Trade & Industry has announced a curfew for the service hours of gas stations across the country. The new time cap, which has been effective as of November 6, has specified the interval for filling at the stations from 6:00am to 8:00pm across the capital. Gas stations located in regional states are allowed to function between 6:00am and 7:00pm. This comes following a new scheme to control the circulation, dispersion and marketing of petroleum products, according to Wondimu Filate, communications director at the Ministry. The new curfew for gas stations has been set up in order to avoid artificial price increments and hoarding of petroleum products following the current situation of the country, according to him. There are close to 121 fuel stations in the capital city. The Ministry has also announced that opportunistic increases in the price of basic perishable commodities will be punishable by law. The implementation will be carried out by a task force that was set up to supervise hoarding and price hikes following the onset of the Novel Coronavirus (COVID-19) in the country.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...