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May 11 , 2025

Ethiopia-Israel Business Forum Opens Doors to Investment Opportunities

The Ethiopia-Israel Business Forum took place last week at the Hyatt Regency Addis Abeba, bringing together Ethiopian government officials and investors from Israel. Officials presented a range of inv...

May 11 , 2025

National Bank Injects Millions Through Foreign Currency Auction

The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. According...

May 11 , 2025

Authority Investigates Genesis Investment, Ermias Amelga Over Unlicensed Schemes

The Ethiopian Capital Market Authority (ECMA) has opened an investigation into suspected illegal fundraising by individuals and companies operating without proper authorisation. In a statement issu...

May 11 , 2025

Hosanna City Initiates Project to Improve Sanitation Infrastructure

Hosanna City has initiated a comprehensive sanitation project valued at over 534 million Br, focused on enhancing hygiene standards, modernising infrastructure, and mitigating water-related health ris...

May 11 , 2025

Ethiopia Performs First Laparoscopic Pancreatic Tumour Surgery

Ethiopia has carried out its first laparoscopic surgery to remove a pancreatic tumour, marking a major advance in surgical care. The procedure, performed at St. Paul's Hospital Millennium Medical Coll...

May 11 , 2025

Contraband Goods Worth 266 Million Br Seised

The Customs Commission seized 266 million Br worth of smuggled goods across various branch offices last week, with 247.2 million Br from imported goods and 18.8 million Br from attempted exports. A...

May 11 , 2025

Safaricom Introduces Cashless Fuel Payments with M-PESA

Safaricom has introduced a new digital payment service, allowing customers to pay for fuel using M-PESA. The "Pay for Fuel with M-PESA" service was officially launched on May 7, 2025, at the Bole Tota...

May 6 , 2025

Parliament Reviews Bill Allowing Foreign Property Ownership

A draft proclamation that would allow foreigners to own or occupy immovable property in Ethiopia has been submitted to parliament by the Council of Ministers. Designed to attract foreign investment, t...

May 3 , 2025

Speeding in the Spotlight as New Safety Drive Begins

The Road Safety and Insurance Fund Service has stated that drivers are responsible for 68 percent of traffic accidents in Ethiopia, with the remainder mainly caused by pedestrians and road conditions...

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...


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Logistics Reform Should Deliver More Than Market Entry by Foreign Capital

The recent policy decision to fully open freight forwarding to foreign capital may become...

Editorial | Jun 13 , 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 PRICE OF MISTRUSTING THE TAP

Bottled water, once a symbol of convenience and safety for most residents, has become a sm...

Agenda | Jun 14 , 2026 . By HELINA HADGU

Parliament Receives Biggest Budget Bill, Debt Already First in Line

Finance Minister Ahmed Shide walked into Parliament on Thursday, June 11, 2026, with the l...

Fortune News | Jun 14 , 2026 . By NAHOM AYELE