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Sep 7 , 2025

Abay Bank Partners with Visa to Expand Digital Reach

Abay Bank marked its 15th anniversary with a strategic deal with Visa to accelerate digital payments. The partnership introduces prepaid cards, ATMs, and PoS services, planning to reduce cash dependen...

Sep 7 , 2025

Fintech Milkii Lifts Borrowing Beyond Collateral

Milkii, a digital lending platform rolled out by Oromia Bank with Quantum Technology, has stormed into the fintech scene with over 60,000 users and 140 million Br disbursed in just three months no col...

Sep 7 , 2025

Freight Operators Win Eased Certification Requirements in Policy Shift

The Ministry of Transport & Logistics has relaxed long-contested rules governing freight transport competence certification. State Minister Denge Boru said the revisions came after repeated consul...

Sep 7 , 2025

CBE Launches Diaspora Money Transfer Service

The Commercial Bank of Ethiopia (CBE) has received regulatory approval to operate as an international money transfer agent through licensed intermediaries. The web-based service allows Ethiopians abro...

Aug 30 , 2025

Dangote, EIH Break Ground on Mega Fertilizer Plant in Somali Region

Ethiopian Investment Holdings (EIH), the state's sovereign investment arm, has struck a deal with Dangote Group to build one of the world's largest urea fertiliser complexes in Gode, Somali Regional S...

Aug 30 , 2025

CBE Capital Joins Nib Bank for Market Expansion

Nib International Bank has partnered with CBE Capital, the investment arm of the Commercial Bank of Ethiopia (CBE), to expand investment banking services and shore up its finances. The deal covers adv...

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...


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The Promise and Peril of AGI

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Prevention Starts Years Before the First Diagnosis

Agenda | Jun 21,2026

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

Editorial | Jun 20,2026

The Budget Bill Asks the Most from Citizens with the Least Slack


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The Budget Bill Asks the Most from Citizens with the Least Slack

When Parliament takes up the appropriation bill, federal legislators will receive a docume...

Editorial | Jun 20 , 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

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

Fortune News | Jun 21 , 2026 . By NAHOM AYELE