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Oct 26 , 2025

Utility Pushes Rural Electrification, Digital Payments Forward

The Ethiopian Electricity Utility (EEU) connected 107,191 new customers in the third quarter of 2025, representing an 18.3pc increase compared with the same period last year. Of these, 95.5pc are post...

Oct 26 , 2025

New Shipping Route Links Gulf, Horn of Africa

DP World has launched a new shipping route linking Berbera Port in Somaliland with Jebel Ali Port in the UAE, promoting trade between the Gulf and East Africa. Berbera features a 1,050-metre quay,...

Oct 26 , 2025

Withholding Tax on Wheat Payments Lifted

The long-standing tax dispute between wheat processors and the Ministry of Revenue has been resolved. In a circular, the Ministry of Revenue confirmed that the Ministry of Finance had acted on repeate...

Oct 26 , 2025

Ethiopia Joins African Renewables Push in Sierra Leone

The Ministry of Water & Energy is attending the second Accelerated Partnership for Renewables in Africa (APRA) Investment Forum in Freetown, Sierra Leone, aimed at boosting renewable energy invest...

Oct 18 , 2025

New Directive Tightens Rules for Foreign Employment Agencies

The Ministry of Labour & Skills has issued a directive under the Ethiopian foreign employment framework, setting clear standards for agency size, capital, and operations. Depending on their lev...

Oct 18 , 2025

Audit Findings Expose Deepening Gaps in Accountability

A new study reveals that audit irregularities in Ethiopia have continued to rise year after year, driven by weak enforcement and unresolved legacy problems. The finding, commissioned by the Office...

Oct 18 , 2025

Africa Maritime Conference Sets Sights on Seafaring Innovation

The Ministry of Transport & Logistics has launched the first-ever Africa Maritime Conference, marking a bold move to position landlocked Ethiopia as a continental hub for seafaring innovation at a...

Oct 18 , 2025

Ethio telecom Launches Znexus to Bridge Africa's Digital Divide

Ethio telecom has unveiled its own smart device brand, Znexus, marking a strategic step into the African smart device market. The launch, held last week at the Sheraton Addis Hotel, introduced a fu...

Oct 18 , 2025

NBE Drafts Rule to Tighten Bank Ownership Transfers

The National Bank of Ethiopia (NBE) has issued a draft directive to tighten oversight of the banking sector by restricting large ownership transfers and enhancing regulatory scrutiny. Titled the ...

Oct 18 , 2025

Power Utility's West Addis Office Surpasses Infrastructure Goals

The Ethiopian Electric Utility (EEU) branch in West Addis Abeba has reported over 1.2 billion Br in revenue during the first quarter of the fiscal year, achieving 91.1pc of its target. Officials cr...

Oct 18 , 2025

Trade, Investment in Focus at Pakistan, Africa Expo

The 5th Pakistan–Africa Trade Development Conference (PATDC) and “Made in Pakistan” Exhibition took place at Millennium Hall, bringing together over 100 delegates from African nations including...

Oct 18 , 2025

City Prepares First Electric Bus Rapid Transit Corridor

The Addis Abeba Transport Bureau, working with the City Roads Authority, will launch the construction of the capital's first electric Bus Rapid Transit (BRT) corridor this year—a landmark step towar...

Oct 12 , 2025

AMG Holdings Breaks Ground on Industrial Rail Link to Ethio-Djibouti Railway

AMG Holdings has launched construction on a 2.5-kilometer railway connecting its Sheger Industrial Park to the Ethio-Djibouti Railway's Endode Station. The Ethiopian-led project comprises 1.7 Kms of m...

Oct 12 , 2025

Ethiopian Deposit Insurance Fund Achieves Full Q1 Collection Target

The Ethiopian Deposit Insurance Fund collected 2.08 billion Br in the first quarter of 2025. This meets 100 percent of the target and represents a 26.83 percent increase compared with the same peri...

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...


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The New Gold Standard Comes with a Warning Label

In the goldfields of the Benishangul-Gumuz Regional State, Ethiopia's balance-of-payments...

Editorial | Jul 4 , 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

A City Between the Market and the Rules

July has arrived with the heaviest rains of the winter, dark clouds and mist blanketing Ad...

Agenda | Jul 4 , 2026 . By NAHOM AYELE and FITSUM TADESSE

Prime Minister Concedes Health Sector Remains Underprovided

The health sector remains underprovided despite rising public spending, Prime Minister Abi...

Fortune News | Jul 7 , 2026