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




Pulse, Oil Seeds Association Welcomes New President

Feb 13 , 2021


[ssba-buttons]

The Ethiopian Pulses, Oil Seeds & Spices Processors-Exporters Association has appointed Sisay Asmare of RIB Trade & Industry Plc to serve as its president. The Association also elected Edao Abdi of Edao International Trading as vice president and seven new board members during its general assembly held at Capital Hotel earlier last week. The Association, founded almost two decades ago with just 16 members, has since grown to include 455 processors and exporters of pulses, oilseeds and spices. A considerable amount of the foreign currency gained from the export of the sector comes through the Association. The Association provides a range of services to its members including availing relevant information and advice concerning the international market; capacity-building training; organising conferences to foster connections with potential buyers; facilitating participation in international exhibitions; and maintaining contacts with relevant government bodies.


Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. Bisrate Teshome, senior private...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of less than 250 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost o...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...