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Oct 12 , 2025

Oromia Bank, Ethiopian Airlines Introduce Fly Now, Pay Later via Milkii Digital App

Oromia Bank's Milkii Digital App, launched on May 3, 2025, has introduced a “Fly Now, Pay Later” service that lets customers book Ethiopian Airlines tickets using digital loans, with payments spre...

Oct 12 , 2025

Revenue, Customs Launch Eight New Tech Systems

The Ministry of Revenues and the Ethiopian Customs Commission have unveiled eight digital systems designed to modernize tax and customs operations. The launch took place during the 7th Honest Taxpayer...

Oct 12 , 2025

Millions in Unsafe Food, Health Items Seised Across Addis Abeba

The Addis Abeba Food & Drug Authority (AAFDA) removed unsafe and expired food and health products valued at over 23.3 million birr following extensive inspections during the New Year, Meskel, and...

Oct 12 , 2025

UN Food Agency Cuts Refugee Rations as Funding Crisis Deepens

The UN World Food Programme (WFP) has reduced food rations for 780,000 refugees across 27 camps in Ethiopia, cutting allocations from 60pc to 40pc, leaving recipients with less than 1,000 calories a d...

Oct 12 , 2025

Zemen Bank to Distribute Five-Year Retained Earnings to Shareholders

Zemen Bank S.C. has approved the distribution of three percent from funds retained over the past five years, originally earmarked to hedge against default risk. The decision, announced during its ...

Oct 12 , 2025

Heifer International, Hello Tractor, Ministry of Agriculture Launch Tractor Scheme

Heifer International Ethiopia, in partnership with Hello Tractor and the Ministry of Agriculture, has rolled out a Pay-As-You-Go (PAYG) tractor financing program designed to boost rural mechanisation...

Oct 5 , 2025

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was...

Oct 5 , 2025

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment trac...

Oct 5 , 2025

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the instituti...

Oct 5 , 2025

Diaspora Lending Initiative Seeks to Unlock Revenue

The Commercial Bank of Ethiopia (CBE) has unveiled a 50 billion Br loan facility for the diaspora, planning to boost remittance inflows. Abie Sano, the bank's President, said Ethiopia could earn over...

Oct 5 , 2025

Third Phase of 100-Day Electricity Upgrade Gets Underway

The second round of a nationwide 100-day plan directed towards reducing power outages and improving grid reliability has been completed. Using GPS technology, the program identified areas most affecte...

Oct 5 , 2025

Education Ministry Lowers Cut-Off for University Entry

The Ministry of Education has adjusted the national university admission threshold, allowing students who scored just below the official requirement to enroll. Candidates who achieved between 49.50pc...

Oct 5 , 2025

Economic Gains Threatened by Currency and Regulation

Ethiopia is navigating a complex economic landscape. While the government has launched significant liberalisation efforts, structural restrictions, currency volatility, and challenging regulatory prac...

Oct 5 , 2025

Central Bank Approves Industry Veteran to Lead Standard Insurance

The National Bank of Ethiopia (NBE) has approved Solomon Assefa as the founding CEO of Standard Insurance S.C. A veteran with over 20 years in the insurance sector, Solomon holds an Executive MBA from...

Sep 27 , 2025

Debt Crisis in Focus as Central Bank Governor Visits China

Eyob Tekalegn (PhD), newly appointed governor of the National Bank of Ethiopia (NBE), made his first official overseas trip to China to discuss debt restructuring. He met with senior officials from Ch...

Sep 27 , 2025

Blueprint for Safety, Builders Face Tough New Standards

Four key institutions in Ethiopia's construction sector signed an MoU at Skylight Hotel to address chronic safety lapses that cost lives and damage property. The deal brings together the Ethiopian Con...


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T-Bills Trap Begins in the Federal Government's Own Budget

The federal budget tells a troubling story about inflation, debt and reform. The problem i...

Editorial | May 16 , 2026

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "S...

Featured | May 17 , 2026 . By HELINA HADGU

Quiet Campaigns Speak Loudly

Genene Gedebu reached Kucha after the campaign season for the upcoming national elections...

Agenda | May 17 , 2026 . By NAHOM AYELE

Tax Bill Tests the Line Between Compliance, Fairness

A revised tax administration law could bar taxpayers from submitting new evidence during c...

Fortune News | May 17 , 2026 . By NAHOM AYELE