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May 3 , 2025

Askari Metals Secures Five Gold Licenses in Untapped Adola Belt

Askari Metals has acquired 100pc of Rift Valley Metals, gaining five gold exploration licences covering 460sqkm in Ethiopia's Adola Greenstone Belt, part of the southern Arabian-Nubian Shield, a miner...

May 3 , 2025

COMFWB Trade Fair to Spotlight Gender-Inclusive Investment

The 6th COMESA Federation of Women in Business (COMFWB) Regional Trade Fair, Business Conference, and Gala Dinner will be held from May 7–9, 2025, in Addis Abeba, as part of COMESA Week. Organised b...

May 3 , 2025

Yango Signs Deal to Help Drivers Own Electric Vehicles

Yango Ethiopia has signed a Memorandum of Understanding (MoU) with Amigos Saving & Credit Cooperative Society to support its partner drivers in purchasing electric vehicles (EVs). The agreement wa...

May 3 , 2025

AfDB Signs 40M Dollar Trade Finance Deal

Dashen Bank and the African Development Bank (AfDB) signed a 40 million dollar Trade Finance Guarantee Facility Agreement on March 30, 2025, at Dashen's headquarters in Addis Abeba. The deal, the firs...

May 4 , 2025

Parliament Passes Animal Health and Welfare Law :Tougher Penalties

Parliament has unanimously approved the Animal Health and Welfare Proclamation (No. 1376/2017) during its 27th regular session on Tuesday. The law introduces stricter penalties for offences including...

May 4 , 2025

City Council Unanimously Approves 11.5B Br Budget Increase

The Addis Abeba City Council has unanimously approved an additional budget of over 11.5 billion Br to support ongoing development projects across the capital. The decision was made during the Council...

Apr 27 , 2025

Ethiopias Capital Market Sets Sights on Talent Strategy

A new strategy to strengthen the human capital foundation of Ethiopia's emerging capital market is taking shape. Led by FSD Ethiopia in partnership with iCapital Africa Institute and the Nairobi Secur...

Apr 27 , 2025

National Bank Upgrades Core Financial System to Global Standard

The National Bank of Ethiopia (NBE) has officially upgraded the Ethiopian Automated Transfer System (EATS), the country's Real-Time Gross Settlement (RTGS) platform, to align with the ISO 20022 messag...

Apr 27 , 2025

Spice Supply Hits 41,000tns in Nine Months

The South West Ethiopia Coffee, Tea, and Spices Authority has announced that over 41,000tns of spices were supplied to the central market in the first nine months of the current fiscal year, reflectin...

Apr 27 , 2025

Ethiopian Aviation Forum 2025: A New Era for African Aviation

The Ethiopian Aviation Forum 2025, organised by Norman Aerospace in partnership with GFOX Aviation, successfully convened over two days, drawing aviation leaders from Africa and around the world. The...

Apr 27 , 2025

Over 1.6B Dollars Saved Through Shift to Locally Made Income Products

Ethiopia has saved over 1.6 billion dollars in the fiscal year by replacing imported income-generating products with local alternatives, while small and medium enterprises (SMEs) earned 54.5 million d...

Apr 27 , 2025

Ministry Blames Road Delays on 400pc Cost Surge

The Ministry of Urban Development and Infrastructure says road construction targets have fallen short due to a 300–400pc rise in construction material prices. The update came as part of the Ministry...

Apr 27 , 2025

Droga Pharma Launches Health Financial Institution

Droga Pharma has announced the establishment of a financial loan and savings institution designed to support healthcare workers. Was Insurance S.C.—a new  venture affiliated with the firm, is await...

Apr 27 , 2025

Addis Abeba Becomes Home to Boeing's Africa Office

Boeing has confirmed Ethiopia as the location for its new African headquarters, ending speculation that Kenya or South Africa might host the strategic expansion. This move reflects Boeing's commitment...

Apr 19 , 2025

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of...

Apr 19 , 2025

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a...


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Agenda | Jun 07,2026

THE GOLD RUSH RUNS OUT OF FUEL

Editorial | Jun 06,2026

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


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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