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Oct 19 , 2024

Tripartite Partnership Comes Live to Boost Regional Capital Markets

A partnership that promotes cross-border investments, knowledge exchange, and capacity building was formed between the securities exchanges of Ethiopia and Kenya last week. Ethiopian Securities Exc...

Oct 12 , 2024

Ethiopia Gears Up to Host Global Logistics Leaders in 2027

Logistics professionals are gearing up to discuss industry developments and strengthen international ties, as Ethiopia hosts the 64th World Congress of the International Federation of Freight Forwarde...

Oct 12 , 2024

Civil Registration Agency Set to Roll Out FAYDA ID Registration Across Addis Abeba

The Civil Registration & Residency Service Agency (CRRSA) will lead the registration of the FAYDA digital ID system across Addis Ababa, covering 119 woredas, 11 districts, and the Agency's two bra...

Oct 12 , 2024

Digital Platform Aims to Bridge Financing Gap for MSMEs

To bridge the financing gap in micro, small, and medium enterprises (MSMEs), Ahadu Bank has launched an uncollateralised digital lending platform. Dubbed 'Mahder,' the new system enables credit regist...

Oct 12 , 2024

Six Year Health Financing Program Draws Down

The United States Agency for International Development (USAID) has concluded its six-year Health Financing Improvement Program (HFIP) in Ethiopia aimed at expanding health insurance coverage and impro...

Oct 12 , 2024

Second Phase Corridor Development Commences

Mayor Adanech Abiebie revealed that the second phase of Addis Ababa's corridor development will encompass 132 kilometers and cover 2,817 hectares. The city administration has earmarked five billion bi...

Oct 12 , 2024

RIDE Increases Service Fees Amid Strategic Changes

RIDE, a leading ride-hailing service provider, has announced an increase in its baseline service fee from 100 to 130 Br, effective October 7, 2024. The decision comes as part of a strategic plan to im...

Oct 12 , 2024

UK, Germany Roll Out $9m to Boost Textile Industry

A 9-million-dollar funding initiative spanning the next three years was rolled out by the UK and German governments to improve economic development and trade in Ethiopia's textiles and garments sector...

Oct 5 , 2024

Newly-opened Trade Sectors Attract 21 Investment Applications

The Ethiopian Investment Commission has received 21 applications for investment licenses from foreign investors looking to tap into newly opened retail and export sectors. The Ethiopian Investment Boa...

Oct 5 , 2024

Former Ethio telecom CEO Joins Safaricom

Safaricom Ethiopia has announced the appointment of Andualem Admassie (PhD) as its new Chief External Affairs Officer. Having previously served as the CEO of Ethio Telecom, Andualem would bring a weal...

Oct 5 , 2024

Ride-Hailing Service Collaborates to Enhance Digital Payments, Healthcare

Yango, the international ride-hailing service, has entered two partnerships aimed at improving both digital payments and healthcare access for its commuters and partner drivers in Ethiopia. In coll...

Oct 5 , 2024

Ethiopia Receives $70 Million World Bank Loan to Improve Governance

The Ethiopian government has secured a 70-million-dollar concessional loan from the World Bank to support its efforts to modernize public administration and improve financial management. The loan will...

Oct 5 , 2024

Backing Coffee with Tourism

On October 1, International Coffee Day was celebrated with a landmark event: the first Ethiopian Coffee Tasting Competition, judged by Samuel Demisse, founder of Keffa Coffee from the United States. W...

Oct 6 , 2024

Nib Banks Short-Lived CEO Finds a New Home at DBE

Finance Minister Ahmed Shide appointed Emebet Melese (PhD), who helmed as president of Nib Bank in May this year, to lead the Development Bank of Ethiopia (NBE), effective October 11, 2024. She has...

Oct 6 , 2024

Central Bank Grants Forex Bureau Permits to Five Non-Bank Operators

The National Bank of Ethiopia (NBE) has granted licenses to five private non-bank entities to operate in the foreign exchange market, in a groundbreaking move to liberalise a tightly regulated forex r...

Sep 29 , 2024

Premier Inaugurates Lemi National Cement Factory

Prime Minister Abiy Ahmed (PhD) inaugurated the slated-to-be largest cement factory in the nation, Lemi National Cement, marking a significant milestone in the industry. With a daily production cap...

Columns

Commentaries | Apr 19,2025

Overseas Job Push Evokes Hopes at Home, Hardship Abroad

Mufariat Kamil, the minister of Labour & Skills, recently told Parliament that her Min...

Editorial | Apr 20 , 2025

From Cassette, CD Dreams to Cloud Streams

Key Takeaways Kuku Sebsibie's transition to digital singles represents a shift in the...

Featured | Apr 19 , 2025 . By BEZAWIT HULUAGER

A Holiday of Uneasy Choices

Takeaways: The Addis Abeba market faces logistical challenges with fewer livestock...

Agenda | Apr 19 , 2025 . By RUTH BERHANU

LEGACY Businesses in a Liminal Space

At first light in Addis Abeba's Qality District, the smell of freshly roasted Yirgacheffe...

Fortune News | Apr 19 , 2025

Radar

Tripartite Partnership Comes Live to Boost Regional Capital Markets

Ethiopia Gears Up to Host Global Logistics Leaders in 2027

Civil Registration Agency Set to Roll Out FAYDA ID Registration Across Addis Abeba

Digital Platform Aims to Bridge Financing Gap for MSMEs

Six Year Health Financing Program Draws Down

Second Phase Corridor Development Commences

RIDE Increases Service Fees Amid Strategic Changes

UK, Germany Roll Out $9m to Boost Textile Industry

Newly-opened Trade Sectors Attract 21 Investment Applications