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Sep 21 , 2025

Export Revenue Climbs as Factories Recover

Ministry of Industry convened a two-month export performance evaluation forum, bringing together 60 top-performing manufacturing industries to assess recent export trends and challenges. Zerihun Ab...

Sep 21 , 2025

Siinqee Bank Rolls Out Prepaid International Card with Mastercard

Siinqee Bank has unveiled a prepaid international card in partnership with Mastercard, part of its digital transformation and financial inclusion drive. The card allows customers to make online paymen...

Sep 21 , 2025

Mamo Mihretu Graded A- by Global Finance, Passing Baton to Eyob Tekalign

Former National Bank Governor Mamo Mihretu, who served from January 2023 until September 2025, has received an "A-" in Global Finance magazine's 2025 Central Banker Report Cards. The annual ranking...

Sep 21 , 2025

Ethiopian Securities Exchange High-Profile Board Appointed, Brook Taye (PhD) at the Forefront

Brook Taye (PhD), CEO of Ethiopian Investment Holdings (EIH) and ECMA board member, has been named Chairperson of the Ethiopian Securities Exchange (ESX). The appointment follows the Ethiopian Capital...

Sep 14 , 2025

US Renews National Emergency, Sanctions on Ethiopia

The United States has extended the national emergency and sanctions on Ethiopia for another year under the African Growth & Opportunity Act (AGOA). Signed by President Donald J. Trump, the measure...

Sep 14 , 2025

Rockefeller Pitches Clean Cooking to Curb School Meal Emissions

A recent study has revealed the staggering environmental toll of school feeding programs. A single school serving 400 students can burn through the equivalent of 56 hectares of forest each year to fue...

Sep 14 , 2025

Sun-Powered Grid Brings Light to Qunbi District

A new 600KW solar mini-grid in East Hararge'sQunbi district has connected 2,200 households to electricity, marking a milestone in the recent rural electrification push. Ethiopian Electric Utility (EEU...

Sep 14 , 2025

Red Sea Bank Eyes Investment in Local Banking Sector

Last week, Kebede Abera, deputy head of the Ethiopian mission in Djibouti, met with executives from the Bank for Commerce and Industry of the Red Sea (BCIMR) to discuss opportunities in the country's...

Sep 14 , 2025

Italy, Ethiopia Agree on Railway Modernisation Partnership

The Ethiopian Railways Corporation (ERC) and COIPA Italia S.p.A. have signed a Strategic Cooperation Framework Agreement to modernise Ethiopia's railway network and advance sustainable transport. The...

Sep 14 , 2025

Ministry Suspends VAT on Essential Medicines Temporarily

The Ministry of Finance (MoF) announced the suspension of value-added tax on certain over-the-counter medicines sold by pharmacies until a legal amendment is finalised. The move follows a request from...

Sep 14 , 2025

Equity Bank Moves to Enter Ethiopias Financial Sector

Kenya's Equity Bank has signaled interest in joining Ethiopia's financial sector as the market opens to foreign players. Founded in 1984, the lender has grown into one of East Africa's largest banks,...

Sep 14 , 2025

Supreme Court Issues Directive on Case Execution Procedures

The Federal Supreme Court has issued a directive to regulate and standardise the work of its Execution Department, setting a framework for how final judgments and court orders are enforced across fede...

Sep 7 , 2025

Ministry Showcases Arada Branch Revenue Gains

Arada District's Land Development & Administration Branch pulled in over 150 million Br in just 70 days, beating its 90-day target. Most of the revenue came from annual lease collections and servi...

Ministry Backs Blended Finance for Micro, Small Enterprises

The United Nations Capital Development Fund (UNCDF) is partnering with Ministry of Finance to expand financial access for micro and small enterprises through blended finance and digital tools. Off-bal...

Sep 7 , 2025

National Electricity Network Set for Upgrade

Ethiopia Electric Utility (EEU) plans to expand the national electricity grid by 8,689 km in the 2026 fiscal year, Yohannes Tonja, head of Performance Monitoring and Evaluation, said. The rollout incl...

Sep 7 , 2025

Urban Investments Fuel Employment, World Bank

The Urban Institutional & Infrastructure Development Program (UIIDP) created over 1.15 million jobs between 2018 and 2024, the World Bank reported. The program supported 117 cities with infrastruc...


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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