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Nov 25 , 2025

Safaricom Ethiopia Names Ermias Eshetu Advisory Board Chair

Safaricom Telecommunications Ethiopia P.L.C has named Ermias Eshetu, former CEO of Ethiopian Commodities Exchange(ECX), as the new Chair of its Advisory Board, with the appointment taking effect on 1...

Nov 22 , 2025

Ethiopian Airlines Leases New Turboprop Aircraft to Air Congo

Ethiopian Airlines has leased two new ATR 72-600 turboprops to Air Congo, the Democratic Republic of Congo's flag carrier, in which it holds a 49pc stake. The aircraft, equipped with the latest engine...

Nov 22 , 2025

Ahadu Lifts Profit, Deposits While Capital Gap Persists

Ahadu Bank has raised its paid-up capital to 1.13 billion Br, up from one billion Br last year, though it remains far short of the five-billion-birr threshold the National Bank of Ethiopia (NBE) has s...

Nov 22 , 2025

African CDC Secures Major Pandemic Funding for Health Preparedness

The Africa Centres for Disease Control & Prevention (CDC) welcomed the Pandemic Fund's approval of half a billion dollars during its Third Call for Proposals, with Africa set to receive nearly hal...

Nov 22 , 2025

Awash Bank Launches New Salary Loan Service

Awash Bank has launched an Employees' Salary Loan through its “Tila” application, now integrated with the Telebirr platform, targeting workers in both private and government institutions whose sal...

Nov 22 , 2025

Customs Seize Contraband Worth Hundreds of Millions

The Ethiopian Customs Commission seized contraband worth over 375.6 million Br during a week-long operation from 5 to 12 November 2025. The haul included 350.2 million Br in illegal imports and 25.4 m...

Nov 22 , 2025

Bunna Bank Converts Dividend Into Capital After Record Profit Surge

Bunna Bank, one of the country's second-generation private banks, reported a pre-tax profit of 2.6 billion Br, a sharp rise from the previous year's 930 million Br. Net profit reached 1.9 billion Br....

Nov 22 , 2025

Election Board Allocates Ten Billion Birr for National Elections

The National Election Board of Ethiopia(NEBE) has allocated 10 billion Br for the national election on 1st June 2026. At a briefing at the Ministry of Finance, Development Partners Group officials rec...

Nov 16 , 2025

Ethiopia Partners on One-Billion-Dollar Aluminium Smelter Project

Ethiopian Investment Holdings (EIH) has inked a Memorandum of Understanding with Russia's UC RUSAL to develop a 500,000 metric ton aluminium smelter in Ethiopia. The project, the first major RUSAL inv...

Nov 16 , 2025

Ministry Places Penality Over Undisclosed Tuition Fees

The Ministry of Education plans to enforce strict laws on unendorsed tuition fee increments of private schools. The tuition fee increase made by the private sector has been the source of grave concern...

Nov 16 , 2025

Insurance Policy for Smallholder Farmers

The Ministry of Agriculture has signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) and the Association of Ethiopian Insurers (AEI) to establish an all-incl...

Nov 16 , 2025

ECA Launches Digital Portal to Enforce Data Protection

The Ethiopian Communication Authority (ECA) has rolled out a digital portal to register data controllers and processors nationwide, signaling the first practical step toward enforcing the country's ye...

Nov 16 , 2025

International Brings Advanced Equipment, Skills to Ethiopian Market

JCB, a global equipment manufacturer for construction, agriculture, waste handling, and demolition, has launched its first Operator Training Centre in Ethiopia in partnership with distributor Ethio Ni...

Nov 16 , 2025

Haemorrhagic Fever Confirmed in Jinka, Southern Ethiopia

The Ministry of Health has confirmed that the haemorrhagic fever detected in Jinka, in the Southern Ethiopian Region, is caused by the Marburg virus. Genetic testing conducted with the Ethiopian Publi...

Nov 16 , 2025

Ethiopian Cities Forum Kicks Off in Semera-Logya

The 10th Ethiopian Cities Forum, organised by the Federal Ministry of Urban Development & Infrastructure, officially opened on November 15, 2025, in Semera-Logya under the theme "Urban Development...

Nov 16 , 2025

International Firm Secures Local Footing with New Ethiopia Member Firm

HLB International has expanded its East African presence by onboarding HLB Ethiopia, a growing advisory and accounting firm based in Addis Abeba. The move strengthens the global network's ability to s...


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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