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Jun 7 , 2026

Parliament Approves Multi-Million Dollar Pastoralist, Safety Net Loan Bills

Federal Lawmakers unanimously approved a 71.94 million dollar loan agreement with the African Development Bank (AfDB) during its 23rd ordinary session last week. Presented under Proclamation No. 1423/2026, the interest-free facility features a 40-year maturity period alongside a 10-year grace win...

Jun 7 , 2026

Association Reports Largely Peaceful Vote, Flags Gender Gaps, Registration Issues

The Ethiopian Women Lawyers Association (EWLA) says the 7th National and Regional Elections held on June 1, 2026 were largely peaceful, orderly, and transparent, based on its preliminary monitoring report. Deploying 60 observers across 136 polling stations in nine regions and two city administrations, EWLA's Violence Against Women in Elections (VAW-E) mission found strong voter protection measures, with 92.5pc of stations prioritising pregnant women, nursing mothers, the elderly, and persons with disabilities. However, the report shows persistent structural gaps, including low female lea...


Jun 7 , 2026

ESL Prepares to Launch Full Digital Logistics Platform

Ethiopian Shipping & Logistics (ESL) is finalising plans to roll out a comprehensive digital service platform aimed at reducing bureaucracy and streamlining maritime trade operations. Under its “Digital ESL” initiative, the system will allow importers and commercial clients to handle key services online, including freight inquiries, vessel bookings, and access to customs and tariff information, removing the need for physical office visits. The platform will also integrate digital payments and real-time cargo tracking, alongside an automated complaint management system designed to...


Jun 7 , 2026

Ministry of Revenues Reports High Number of Digital Tax Payments

The Ministry of Revenues reported over 281 billion Br collected through its electronic payment platform in the first 10 months of 2026. Elsabeth Ashenafi said the record digital inflow reflects a steady shift of taxpayers from cash and cheque-based settlements to online systems, supported by ongoing reforms to improve compliance and reduce administrative bottlenecks. Officials attribute the growth to the efficiency and convenience of the e-payment system, which allows taxpayers to file and settle obligations remotely, cutting processing time and operational costs...

Jun 7 , 2026

Trade, Finance Alliance Targets Africa's Coffee, Leather Industries

The International Trade Centre (ITC) and Equity Group Holdings have signed a deal to boost inclusive, scalable economic growth in East Africa, beginning with Kenya, focusing on coffee, leather and creative industries. The partnership combines ITC's trade expertise with Equity Group's regional financial network and its Africa Recovery and Resilience Plan, targeting MSME growth, exports and value chain development across key sectors. Implementation will start in Kenya under a pilot running to December 2026, with regional expansion planned from 2027. Initiatives will include export training...

Jun 7 , 2026

Eth-Switch Reports Five Billion Br Transaction in Single-Day

Eth-Switch S.C., the country's national payment switch, recorded a milestone after its interoperable instant payment platform, Ethio-Pay-IPS, processed more than one million transactions in a single day, with a total value exceeding five billion birr. The achievement came as Eth-Switch and its technology partner, BPC, received The Asian Banker's 2026 award for Best Financial Inclusion Technology Initiative in Africa. Powered by BPC's SmartVista platform, Ethio-Pay-IPS connects the National Bank of Ethiopia(NBE), commercial banks, microfinance institutions and payment operators, enabling...


Jun 7 , 2026

Capital to Host Global Leaders for Africa Trade Development Forum 2026

Africa's heads of state, policymakers, and leading industrialists are set to gather in Addis Abeba on November 23–24, 2026, for the biennial Africa Trade Development Forum (ATDF), co-hosted by the Ministry of Trade, Regional Integration and TradeMark Africa. The forum comes at a pivotal moment for continental integration, with experts highlighting Non-Tariff Barriers (NTBs), including regulatory and technical compliance requirements, as major constraints on intra-African trade. The United Nations Economic Commission for Africa (UNECA) estimates that removing such barriers could increase i...

May 31 , 2026

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Safety Net Programme (PSNP-VI). These programs serve as primary fiscal instruments to protect food-ins...


Radar

May 31 , 2026

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory va...

May 31 , 2026

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of...

May 31 , 2026

Ethiopia Calls for Scaled-Up Rural Financing at IFAD14

Ethiopia urged a significant scale-up in strategic financing for Africa's rural transformation at the IFAD14 meeting in Brazzaville, Congo on May 27. State Minister for Finance Semereta Sewasew framed...

May 31 , 2026

Coffee Export Revenues Threatened by 30pc Price Slump

New York Arabica futures declined by nearly 30pc as analysts forecast a global coffee surplus of 10 million bags the largest in six years. This production glut follows record-shattering harvests in Br...

May 31 , 2026

NBE Institutionalises Franco Valuta to Formalise Informal Trade

The National Bank of Ethiopia (NBE) has authorized a comprehensive legal framework for Franco Valuta imports, effective last week, to institutionalise a trade channel previously defined by regulatory...

May 25 , 2026

MOENCO Introduces BYD Shark 6 as Hybrid Demand Gains Ground

Motor & Engineering Company of Ethiopia (MOENCO), the sole authorised dealer for BYD in Ethiopia, officially launched the BYD Shark 6, a plug-in hybrid electric vehicle (PHEV) pickup truck, at the...

May 23 , 2026

Lawmakers Warn Contractors Over Cost Overruns, Project Delays

The Standing Committee for Urban, Infrastructure & Transport Affairs of the parliament has urged stricter enforcement of timelines, budgets, and quality standards in public construction projects a...

May 23 , 2026

Ethiopia, Dubai Record Sharp Rise in Non-Oil Trade

Non-oil trade between Ethiopia and Dubai reached 22.3 billion UAE dirhams in 2025, marking a sharp year-on-year increase of 236.6pc. The figures were announced following a trade mission to Addis Ab...

May 23 , 2026

Trade Minister Links Export Growth to Economic Reform Drive

Trade & Regional Integration Minister Kassahun Gofe says export earnings have more than quadrupled over the past eight years, reaching 8.7 billion dollars in the first 10 months of the current fis...

May 23 , 2026

Prime Minister Inaugurates New Ceramic Factory in Mojo

Prime Minister Abiy Ahmed and senior officials have inaugurated the Grandeur Ceramic manufacturing plant in Mojo town, a new facility aimed at boosting domestic production of ceramic and porcelain til...

May 23 , 2026

Mining Sector Reports Strong Output, Investment Growth

The Amhara Regional State mining sector says mineral-based import substitute products worth over 246.1 million dollars were produced in the first nine months of the current fiscal year. Bureau spok...

May 17 , 2026

Land Bureau Collects Billions in Revenue, Penalties From Developers

The Addis Abeba Land Development & Administration Bureau has collected 13.1 billion Br in revenue over the past ten months from lease payments and related charges. Berhane Kebede, team leader f...

May 17 , 2026

Afar Drought Resilience Programme Receives German Finance

German's Economic Cooperation and Development ministry, through the Development Bank, has allocated 17 million euro to support a drought resilience project, with 15 million euro provided by the German...

May 17 , 2026

Ministry of Education, Huawei Introduce Offline AI Support System

The Ministry of Education has partnered with Huawei to launch a pilot AI teacher assistant system integrated directly into the national curriculum. Designed to provide instructional support, the initi...

May 17 , 2026

River Restoration Plan in Addis Abeba Receives Support

Ethiopia and Italy have signed a €5 million grant agreement to finance the Qebena Tributaries Riverside Development Project in Addis Abeba. Signed on May 14, 2026, the project will be implemented...

May 17 , 2026

Awash Bank Launches First Round of Seed Sector Grant Initiative

Awash Bank has disbursed over 137 million Br under its Guarantee to Grant (G2G) Facility, supporting 12 private seed companies to expand access to agricultural finance. The initiative, implemented...


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The Elections Offered Order at the Centre, Silence at the Edges


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The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE