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Aug 3 , 2025

Export Recovery Gains Ground, Industry Still Lags Potential

The Ministry of Industry (MoI) has reported a modest rebound in Ethiopia's manufacturing exports, with revenues climbing eight percent in the 2025 fiscal year to reach 318 million dollars. Minister Me...

Aug 3 , 2025

Fuel Tariff Revision Keeps Key Prices At Ease

On July 27, 2025, the Ethiopian Ministry of Trade & Regional Integration announced updated retail prices for petroleum products. For the month of August, the prices of petrol, white diesel, kerose...

Aug 3 , 2025

Grounds for Growth: Coffee Authority Targets New Export Highs

Ethiopia is aiming to break its own record in the global coffee trade, with the Ethiopian Coffee & Tea Authority targeting over 3 billion dollars in export revenues from coffee, tea, and spices fo...

Aug 3 , 2025

Industrial Parks Development Corporation Exceeds Target Revenue

The Industrial Parks Development Corporation (IPDC) reported revenues exceeding 4 billion Br for the 2025 fiscal year, achieving 99pc of its annual target. CEO Fisseha Yitagesu (PhD) announced that ex...

Jul 28 , 2025

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions a...

Jul 28 , 2025

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brough...

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations i...

Jul 27 , 2025

Bruh Vision Centre Rolls Out First Refractive Eye Surgery Service

Bruh Vision specialized Eye Care Center, based in the Birra Building near Wollo Sefer, has become the first facility in Ethiopia to offer refractive  surgery. The service was made possible through su...

Jul 27 , 2025

Fertiliser Shipments Gain Momentum Ahead of Planting Season

Over 15.2 million quintals of fertiliser have entered Ethiopia through the Djibouti corridor as of July 20, 2025, according to the Ethiopian Maritime Authority(EMA). The shipments form part of the 24...

Jul 27 , 2025

Revenues Ministry Welcomes New E-Data Stream State Minister

Dawit Wubishet has been officially welcomed as the new E-Data Stream State Minister at the Ministry of Revenues. Appointed by Prime Minister Abiy Ahmed (PhD), his entry was marked by a handover ceremo...

Jul 27 , 2025

ZamZam Bank Blazes Past 1B Br Profit, Sets Sights on Africa Lead

ZamZam Bank wrapped up its 2024/25 performance review with a headline-grabbing 764pc leap in pre-tax profits, reaching 1.3 billion Br. Total revenues topped 2.2 billion Br, while earnings per share cl...

Jul 27 , 2025

Authorities Implement Measures Against 309 Institutions for Violations

The Addis Abeba Food & Drug Authority (AAFDA) has announced that it has taken administrative actions against 309 health and medicine-distributing institutions following inspection findings in the...

Jul 22 , 2025

Revenue Drive Intensifies Following 900 Billion Br Milestone

The Minister of Revenue announced plans to collect 1.28 trillion Br in the upcoming fiscal year. This announcement was made during a discussion forum organised by the Ministry of Revenue (MoR) and the...

Jul 22 , 2025

Parliament Endorses Electoral Law Change Tying Party Support to Member Contributions

Federal legislators have ratified a contentious amendment to the Ethiopian Electoral, Political Parties' Registration, and Elections Code of Conduct Proclamation, revising the criteria political parti...

Jul 20 , 2025

City Unveils Major School Expansion Across 11 Districts

Addis Abeba City Administration has launched 150 education projects valued at over 5.2 billion Br ahead of the 2026 academic year. Spread across the capital's 11 districts, the rollout includes 14 new...

Jul 20 , 2025

Santim Pay Launches Locally Assembled POS Machines

Santim Pay Financial Solution S.C. has begun assembling Point of Sale (POS) machines in Ethiopia, with its new facility assembling up to 300 units daily. The devices run on locally developed software...


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The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 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

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE