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Mar 30 , 2025

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Mi...

Mar 30 , 2025

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The Nat...

Mar 30 , 2025

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to me...

Mar 30 , 2025

Ethiopian Airlines to Introduce Electric Air Taxis for City Travel

Ethiopian Airlines has made a 30-million-dollar deal with Archer Aviation to bring electric air taxis to the country. The airline plans to use Archer's "Midnight" aircraft to create a new, faster way...

Mar 30 , 2025

Ministry Joins Force with RIDE on Regional Gig Economy Jobs

Ministry of Labour & Skills and Hybrid Designs Plc, the parent company of Ride, have partnered to expand technology-driven transportation services to regional states, creating 300,000 gig economy...

Mar 30 , 2025

Hibret Bank Partners with Mastercard to Advance Digital Banking

Hibret Bank moves to strengthen its digital banking capabilities, leveraging Mastercard's expertise, financial and advisory support. Adualem Hailu, vp of strategy & technology at Hibret Bank, d...

Mar 30 , 2025

France Backs Ethiopia's SOE, Financial Sector Reforms

Around 3.5 million euros worth of technical support is promised by France to advance financial sector reform, state-owned enterprises (SOEs) policy reforms, capacity building, and public-private partn...

Mar 23 , 2025

Ethiopia Revives WTO Ambitions After Five-Year Stall

Ethiopia's trade delegation led by Kassahun Gofe (PhD), a chief negotiator in the WTO accession talks, is reviving a long-stalled effort to join the World Trade Organisation (WTO), signalling renewed...

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...


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In Climate Talks, Africa Mortgages Tomorrow Simply to Survive Today

At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...

Editorial | Sep 13 , 2025

Digital Payments Reshape Economy While Service Workers Lose Out

The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

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The yellow flush of Aday Abeba flowers has returned to Addis Abeba, heralding the arrival...

Agenda | Sep 13 , 2025 . By NAHOM AYELE and YITBAREK GETACHEW

Monument to National Ambition, Geopolitical Agency

The Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydroelectric power project,...

Fortune News | Sep 15 , 2025 . By AMANUEL BEKELE