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Ministry Reports Progress in Regional Water Cooperation


Ministry Reports Progress in Regional Water Cooperation

The Ministry of Water and Energy says hydro diplomacy efforts over the past four years have delivered measurable results. Minister Habtamu Itefa said Ethiopia played a role in six countries signing the Cooperative Framework Agreement, calling it a clear departure from earlier arrangements. He added that talks continue with Uganda, Tanzania, Burundi, South Sudan and Rwanda on related issues. He also said work is progressing to establish and operationalise a Nile River Basin Commission, including drafting procedures and preparing headquarters arrangements under Uganda’s coordination. The Minister noted that selected universities are conducting research on the Nile River and the Grand Ethiopian Renaissance Dam (GERD). He added that 81.2 million Ethiopians now have access to clean drinking water, stressing that expanding irrigation and dam infrastructure remains central to improving water access and strengthening food security.

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Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


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Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

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Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...