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Aug 30 , 2025

Credit Cap Nears Lift-Off

The National Bank of Ethiopia (NBE) is preparing to lift its long-standing credit cap by September, unlocking 1.3 trillion Br in bank lending. The move, flagged by board member and State Minister of F...

Aug 30 , 2025

Dire Dawa Launches Cheche App, Unifying City Services

A new application named Cheche was launched in Dire Dawa this week, integrating 30 public institutions and offering over 500 services. The app was launched in the presence of officials from the Minist...

Aug 30 , 2025

Businesses Face New Quarterly Tax Rules

The Ministry of Finance introduced a new system requiring taxpayers to pay 25pc of annual taxes every three months. The first installment, due August 2025, covers income from January to March, with su...

Aug 30 , 2025

EagleLion, CBE, Dashen Roll Out New Remittance Platform

EagleLion, in partnership with the Commercial Bank of Ethiopia (CBE) and Dashen Bank, unveiled a suite of digital services to modernise remittances at an event held on August 26 at the Sheraton Addis...

Aug 30 , 2025

Bank of Abyssinia, Fastpay Seal Digital Remittance Deal

Bank of Abyssinia has partnered with Fastpay LLC to launch a digital remittance platform powered by Cybersource technology. Signed at the Hyatt Regency on August 28, the agreement enables Ethiopians a...

Aug 23 , 2025

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned ent...

Aug 23 , 2025

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, T...

Aug 23 , 2025

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update cam...

Aug 23 , 2025

Yango Pitches New Rental Model to Car Owners

Yango Ethiopia has introduced a vehicle rental program designed to boost returns for car owners. Through franchise partners, owners can register vehicles, manage drivers, track trips, and monitor reve...

Aug 23 , 2025

Spice Shipments Bring Nearly 15 Million Dollars

Spice exports fetched 14.94 million dollars from 15,612 tons shipped in the past fiscal year, the Coffee & Tea Authority reported. Top buyers included India, Egypt, Saudi Arabia, the United States...

Aug 23 , 2025

Private-Sector Confidence Grows as Foreign Investment Climbs

Ethiopia attracted four billion dollars in foreign direct investment during the 2024/25 fiscal year, up 2.2 percent from the previous year. The investment authority credited policy reforms, digitised...

Aug 23 , 2025

Labor Ministry Launches Tool for Safer Migration

The Ministry of Labor & Skills has rolled out "Lemenegede", a mobile app designed to support Ethiopians in overseas employment. Built in-house and backed by the International Labour Organization,...

Aug 23 , 2025

School Feeding Program Reaches 840,000 Students

The city administration's education office announced that 840,585 students from pre-primary to secondary schools are receiving two daily meals under the school feeding program. Backed by trained nutri...

Aug 17 , 2025

Coffee Hub Illu Ababor Targets Bigger Share in Global Market

Illu Ababor Zone supplied more than 51,000 tons of coffee to the central market in the 2024/25 fiscal year, Deputy Administrator Mohammed Teha reported. The effort is part of the "Neqemte Initiative,...

From Loan to Tap, Ministry Secures Water Infrastructure Funds

The Ministry of Water & Energy has signed a cooperation framework with China Exim Bank, facilitated by contractor CGCOC, securing a 100 million dollars loan. State Minister for Drinking Water &...

Aug 17 , 2025

Bureau Rolls Out QR-Enabled IDs for Inspectors

The Addis Abeba Revenues Bureau has equipped inspectors with QR (quick response) code-integrated ID cards to curb fraud and improve transparency. Launched in Mercato, the system lets merchants verify...


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The Silence That Leadership Can't Keep

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Period Poverty Crisis Forces Women to Pay For Dignity

Editorial | May 09,2026

Every Encounter with the State Should Not Become an Invoice


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Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE