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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...

Jul 20 , 2025

KEFI Confirms Key Milestones, Kickstarts Tulu Kapi Resettlement

The London-listed KEFI Gold & Copper has initiated the community resettlement process for their Tulu Kapi gold project found in the West Welega Zone. Funded from KEFI's own reserves ahead of broad...

Jul 20 , 2025

Land Bureau Accelerates Plot Delivery, Exceeds Annual Plan

Addis Abeba's Land Development & Management Bureau recently reported that it prepared 1,450 hectares of land in the last fiscal year, significantly exceeding its original plan of 627.08 hectares....

Jul 20 , 2025

Awash Bank, M-PESA Launch Digital Overdraft Service

Awash Bank has partnered with M-PESA Ethiopia to introduce "Errif be M-PESA," which means "rest with M-PESA" in Amharic. This digital overdraft service allows users to complete transactions even when...

Jul 20 , 2025

Bureau Modernises Urban Land Access Systems

Addis Abeba's Land Development & Management Bureau disclosed issuing 40,156 digital landholding certificates in the current fiscal year. Of these, over 18,104 were granted to farmers and their hei...

Jul 13 , 2025

Korenti, Agelegel Microfinance Ink EV Financing Deal

Korenti Auto Trading PLC has signed a strategic agreement with Agelegel Microfinance to provide accessible financing options for electric vehicle (EV) buyers. The partnership seeks to ease EV ownershi...

Jul 13 , 2025

NBE Leads Week-Long Bank Supervision Application Forum

The National Bank of Ethiopia (NBE) is hosting a week-long Bank Supervision Application (BSA) User Group meeting that began on July 7, 2025. The BSA system, developed by a pan-African consortium of ce...

Jul 13 , 2025

Six Fuel Companies Banned, Seven Warned, Authority Noted Illicit Activity

The Ethiopian Petroleum & Energy Authority has taken disciplinary action against 13 fuel distribution companies for illegally trading 2.8 million litres of fuel outside the digital system in the p...

Jul 13 , 2025

Lowland Livelihood Project Completed in Dubti

Construction of the Lowland Livelihood Improvement Project in Dubti town, Algelyta Kebele, worth 10 million Br has been completed, according to Muhammad Hassan, the regional project coordinator. The l...


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The New Gold Standard Comes with a Warning Label


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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