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Mar 23 , 2025

First Digital Insurance, Loan Services Launched

A new digital insurance and loan service platform christened 'Agar' - translated as a partner - has debuted in the market, marking a notable entry into the financial sector. The initiative, a colla...

Mar 23 , 2025

City Forms Task Force to Regulate Informal Street Vendors

A new task force under the city administration will enforce new regulations designed to restore order on the streets of Addis Abeba and address concerns over cleanliness and public safety. The task fo...

Mar 23 , 2025

Ministry Targets More Revenues Imposing New Excise Stamp System

Tax authorities announced a pending requirement for unique excise stamps on excisable products as part of their target to improve tax collection strategies. Minister of Revenues, Aynalem Nigussie,...

Mar 23 , 2025

Ministry Receives $1.1m Worth Neonatal Medical Equipment

Medical equipment valued at 1.1 million dollars has been donated to hospitals to improve neonatal healthcare across the country. In collaboration with the Centre for Applied Science, the Addis Abeba U...

Mar 23 , 2025

Ethiopia Prepares for the 9th HortiFlora Expo, Showcasing Its Expanding Horticulture Sector

Ethiopia is to host the ninth edition of HortiFlora Expo, the world's premier international horticulture exhibition, in the first week of April, at the Millennium Hall, on Africa Avenue (Bole Road). ...

Mar 23 , 2025

Ethiopian Elevates Premium Charter Offerings with New Business Jet

The Ethiopian Airlines Group (EAG) has launched a new business jet for premium charter services, pledging to enhance luxury travel options. A partnership with Etihad Airways promises improved connecti...

Mar 16 , 2025

Capital Market Authority Extends Public Company Registration Deadline, Warns Against Unlicensed Investment Bank

Ethiopian Capital Market Authority (ECMA) has granted a final one-month extension for publicly held companies to register, setting the new deadline for April 9, 2025. The extension applies specificall...

Mar 16 , 2025

State Corps Post Growth Eyeing Innovation, Market Expansion

The Ethiopian Insurance Corporation (EIC) generated 9.34 billion Br in written gross premiums, marking a considerable 51.7pc increase compared to the same period last year. The Corporation's profit re...

Mar 16 , 2025

Ethiopian Airlines, AfDB Forge Partnership for Bishoftu International Airport Project

The Ethiopian Airlines Group has signed a letter of intent with the African Development Bank (AfDB) to launch a partnership for the ambitious Bishoftu International Airport Project. Mesfin Tasew, CEO...

Mar 16 , 2025

Parliament Approves New Accounting Institute

The critical shortage of certified actuaries and valuators is expected to be addressed as Parliament approves establishment of Ethiopian Institute of Certified Public Accountants last week. The Instit...

Mar 16 , 2025

Cholera Outbreak Escalates in Western Ethiopia Amid South Sudan Refugee Crisis

Doctors Without Borders (MSF) reports a rapidly spreading cholera outbreak in western Ethiopia, with 31 deaths in Gambella Regional State within the past month. Since the outbreak began in February, o...

Mar 16 , 2025

Central Bank, Securities Exchange Partner on Interbank Market

National Bank of Ethiopia (NBE) and Ethiopian Securities Exchange (ESX) join forces to improve the operation and governance of a transparent interbank money market, using the Exchange's trading platfo...

Mar 16 , 2025

Somali, Amhara Regional States Receive Major Water Project Boost

Over 650 million Br is being invested in crucial drinking water projects across the Somali and Amhara regional states, with initiatives launched to improve access to clean water for thousands of resid...

Mar 9 , 2025

Central Bank, Global Alliance Partner to Enhance Sustainable

The National Bank of Ethiopia (NBE) recently hosted a high-level meeting with representatives from the Global Alliance for Banking on Values (GABV) and selected member banks in anticipation of the 17t...

Mar 9 , 2025

Commercial Bank of Ethiopia Adjusts Loan Interest Rates Amid Market Reforms

Commercial Bank of Ethiopia (CBE) has announced adjustments to its loan interest rates, effective March 7, 2025. Bank executives cited rising deposit mobilisation costs and the need to align with mark...

Mar 9 , 2025

Chemical Corp Posts Substantial Revenue, Profit Growth in 1Q

The state-owned Chemical Industry Corporation recorded a revenue of 2.53 billion Br in the first half of the 2024/2025 financial year. The Corporation reported a profit before tax of over half a billi...


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Ethiopians Celebrate Big Dreams, While Everyday Realities Cast Shadow

The dawn of a new year is more than a simple turning of the calendar. It is a moment heavy...

Editorial | Sep 6 , 2025

Holiday Bazzars Reveal a City Split by Price, Policy, and Public Mood

At the heart of the city, the Zemen Gebeya New Year bazaar inside the Exhibition Hall behi...

Featured | Sep 7 , 2025 . By AMANUEL BEKELE

As Holidays Near, Addis Abeba's Markets Thrum with Hope, Hardship

As the holiday nears, the markets of Addis Abeba thrum with anticipation and anxiety. In t...

Agenda | Sep 7 , 2025 . By AMANUEL BEKELE

Addis Abeba's Land Auction Spurs Bidding Frenzy During Affordability Concerns

Addis Abeba's sixth public land lease auctions after a five-year pause delivered mixed sig...

Fortune News | Sep 7 , 2025 . By NAHOM AYELE