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



Over One Million Refugees at Risk as Aid Cuts Bite


Over One Million Refugees at Risk as Aid Cuts Bite

Ethiopia’s refugee response is at a breaking point, with over 1.1 million refugees at risk of losing access to food, water, healthcare, and education as emergency funding dries up. The country continues to absorb new arrivals fleeing conflict in Sudan and South Sudan and drought in Somalia, even as humanitarian agencies report a 70 pc cut in relief supplies in 2025. Food aid has been hardest hit, with rations for 780,000 refugees cut to 40 pc of daily caloric needs, while only 70,000 new arrivals receive full rations. Water availability has fallen to 12–14 liters per person per day, and in some areas as low as five liters. Malnutrition rates in camps exceed 15 pc, admissions have doubled year-on-year, and child mortality among those under one year reached 4.7 pc. Funding has also run out for 57 primary schools serving 110,000 refugee children, all set to close by December 31. Aid agencies are appealing for 90 million dollars to sustain operations over the next six months, warning that without urgent support, food assistance could be suspended entirely, heightening risks of hunger, child labor, early marriage, and protection breakdowns.

[ssba-buttons]

Radar

Prime Capital Joins ESX, Seeks Securities Dealership Licence

Prime Capital has secured trading membership on the Ethiopian Securities Exchange (ESX) and is pursuing a securities dealership licence to expand its brokerage and investment banking services, according to Head of Business Development and Marketing Fikremarkos. The firm received its trading membership after obtaining an investment banking licence from the Ethiopian Capital Market Authority (ECMA) and meeting all ESX requirements. The licence authorises Prime Capital to execute securities tran...


Radar

Parliament Ratifies Tax Amendment, Assigns PMO to Lead Conciliation, Imposes 10pc Penalty on Late Evidence

The Prime Minister's Office will appoint independent tax conciliators while taxpayers face a 10pc penalty for late evidence under the Federal Tax Administration Amendment ratified by Parliament last week. By shifting the selection of “conciliators” from the tax authority to the PMO, authorities aim to establish a neutral dispute-resolution system to speed up out-of-court settlements. Experts describe the move as a high-stakes reform with notable institutional risks. The legislation, pa...


Radar

ZamZam Bank Registers Shares, Eyes Capital Market Debut

ZamZam Bank has secured approval from the Ethiopian Capital Market Authority (ECMA) to register its shares, becoming the first fully interest-free bank to complete the regulatory process for public trading. The approval covers five million existing shares worth five billion Br and one million bonus shares valued at one billion Br, paving the way for the Bank's future participation in Ethiopia's capital market. ZamZam plans to raise its capital to 15 billion Br and introduce Sharia-compliant i...