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May 23 , 2021

IPDC Inaugurates New Management System

The Industrial Parks Development Commission (IPDC) launches an enterprise resource planning (ERP) that will automate business functions across its 13 industrial parks. The system allows for the int...

May 23 , 2021

MSMEs Set to Export to China via Alibaba

The Ministry of Trade & Industry, in collaboration with Alibaba and the United Nations's Economic Commission for Africa (ECA), has kicked off a pilot programme wherein it trains micro, small and m...

May 23 , 2021

Authority, ECX to Introduce New Coffee Trading Modality

The Coffee & Tea Authority and the Ethiopian Commodity Exchange (ECX) are gearing up to launch a micro-lot trading platform for high quality coffee. Such a platform will allow retailers to trade i...

May 23 , 2021

Somali Microfinance Joins EthSwitch

This past week, the Board of Directors of EthSwitch approved the membership of Somali Microfinance Institution Share Company (SMFISC) as an indirect participant after the latter managed to fulfill all...

May 26 , 2021

Total Cements New Partnerships

Total Ethiopia has launched new partnerships with the seven-decade-old Tomoca Coffee Plc and Sefa & Family Plc, a tyre services provider with over a decade of experience. Total Ethiopia has ina...

May 23 , 2021

Ethio telecom, Huawei Launch Data Centre

Huawei, the Chinese ICT giant, and Ethio telecom launched a Tier III Data Centre in the capital's Gola neighbourhood last week. The facility has the capacity to reach over 800 servers, and the stat...

May 23 , 2021

Export Revenues Top $2.8b

Earnings from the export of goods over the first 10 months of the current fiscal year have exceeded 2.8 billion dollars, around 85pc of what was initially targeted, the Ministry of Trade & Industr...

May 15 , 2021

VENDOR DISPLAY

Street vendors are preparing their displays on the pedestrian walkways close to the headquarters of the African Union in Bisrate Gebreal.  Most of the merchandise are shoes, some which are still in a...

May 15 , 2021

ADDIS BUILDING SCENE

This construction site in Kazanchis, within walking distance from Jupiter and Radisson Blu hotels, is illustrative of the construction industry in Ethiopia. In the centre is a building at the early st...

May 15 , 2021

TRANSATLANTIC CHAMBER UNITY

Ermias Eshetu, board president of American Chamber of Commerce in Ethiopia (AmCham), bumps elbows with Yesuf Ademur, secretary general of the Ethiopian Chamber of Commerce & Sectoral Associations...

May 15 , 2021

BGI Gets Creative to Protect Winery

BGI Ethiopia has adopted an innovative method to keep birds from eating the fruits at its Castel Winery vineyard in the Ziway area. The company has brought in remote-control drone technology and four...

May 15 , 2021

Tigray State IDPs to Get 20 Shelters

The interim government of Tigray Regional State has announced that temporary shelters worth 50 million Br will be constructed for internally displaced persons. The project is funded by the United Nati...

May 15 , 2021

Addis Microfinance Collects 2.6b Br in Savings

Addis Credit & Saving Institution collected 2.6 billion Br in savings over the past nine months. The microfinance institution collected 1.4 billion Br in loan payments while providing the same amo...

May 15 , 2021

Civil Aviation Authority Inaugurates Control Towers

The Ethiopian Civil Aviation Authority inaugurated four air traffic control towers last week in Gode, Robe, Kombolcha, and Hawassa airports. The towers were constructed at a cost of more than 100 mill...

May 15 , 2021

Coffee Exports Continue to Soar

Record coffee export earnings were reported for the second month in a row as the Coffee & Tea Authority announced that the country earned 114 million dollars from exporting 28,000tn of coffee betw...

May 15 , 2021

Central Bank Approves Debub Global Interest Free Banking Venture

The National Bank of Ethiopia (NBE) has greenlighted Debub Global Bank's proposal to kick off an interest-free banking operation. Debub Global, which profited 1.1 billion Br in the last fiscal year, i...


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Logistics Reform Should Deliver More Than Market Entry by Foreign Capital

The recent policy decision to fully open freight forwarding to foreign capital may become...

Editorial | Jun 13 , 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 PRICE OF MISTRUSTING THE TAP

Bottled water, once a symbol of convenience and safety for most residents, has become a sm...

Agenda | Jun 14 , 2026 . By HELINA HADGU

Parliament Receives Biggest Budget Bill, Debt Already First in Line

Finance Minister Ahmed Shide walked into Parliament on Thursday, June 11, 2026, with the l...

Fortune News | Jun 14 , 2026 . By NAHOM AYELE