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May 31 , 2025

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to...

May 31 , 2025

Shared Power Bank Rental Service Launched

MyCharge Technology PLC officially launched its shared power bank rental service at the Hyatt Regency Hotel on May 30, 2025, under the theme Powering Digital Ethiopia. Founded by DDF Group, the com...

May 31 , 2025

Dodai to Rollout Battery Swapping Stations to Accelerate E-Mobility

Dodai, an electric bike manufacturer, has announced an expansion plan to revolutionise urban transportation through battery-swapping infrastructure and local electric motorcycle production. In an e...

May 31 , 2025

Off-Grid Solar Plants Light Up Afar and Gambella Communities

Ethiopian Electric Utility has commissioned two solar energy installations, collectively generating 400 kW of power, with the primary objective of delivering dependable electricity to remote and under...

May 31 , 2025

First E-Consultation Portal Launched for Draft Laws

Ministry of Innovation & Technology has launched an e-consultation portal, developed in collaboration with the Ministry of Justice and GIZ, the German development agency. The platform enables citi...

May 31 , 2025

Council of Ministers Approves Key Economic and Legislative Measures

The Council of Ministers has approved the 2018–2022 Medium-Term Macroeconomic and Fiscal Framework, which will guide next year's budget, focusing on strategic revenue generation and resource allocat...

May 24 , 2025

Amendment Expands Access for Foreign Traders

Foreign participation in Ethiopia's wholesale, retail, import, and export trade sectors has come under renewed focus as the Ethiopian Investment Board(EIB) approved a significant amendment to Directiv...

May 24 , 2025

NBE Sets Four Percent Ceiling on Foreign Exchange Fees

The National Bank of Ethiopia (NBE) issued a new foreign exchange market directive on May 20, 2025, that caps commercial banks' forex service fees at a maximum of four percent. Banks are instructed...

May 24 , 2025

SantimPay Launches Zero-fee Digital Remittance Platform

SantimPay has rolled out FrankRemit, first fully integrated, zero-fee digital remittance platform, in partnership with Bank of Abyssinia(BOA). The service smoothly connects all commercial banks and ma...

May 24 , 2025

Digital Life Insurance Launch, Promising Expansion and 13,000 Jobs

Ethio-Life & General Insurance and Lumia Technologies have launched Lumina, Ethiopia's first fully digital life insurance platform. Leveraging the Fayda national ID for hassle-free mobile registra...

May 24 , 2025

Mojo Dry Port Poised to Boost Export Farmers with 50 Million Dollars Investment

Mojo Dry Port plans a 50 million dollars project expected to offer potential benefits for farmers producing avocados, flowers, and vegetables. Ethiopian State Minister of Finance Semereta Sewasew and...

May 24 , 2025

Parliament Passes Law Safeguarding Water Bodies

Parliament has passed a new law to safeguard water bodies, targeting industrial pollution and ecosystem degradation. The draft proclamation on the “definition, development, and maintenance of water...

May 24 , 2025

Agricultural Authority Moves Services Online

The Ethiopian Agricultural Authority (EAA) has fully digitised all 66 of its services, from licensing to certification, removing the need for in-person visits and paperwork for thousands of clients. ...

May 24 , 2025

Wind Turbines in Assela Begin Electricity Supply

The first turbines at the Assela 100 MW wind farm have begun supplying electricity to the national grid, marking a major step in the country's renewable energy expansion. Once fully operational by end...

May 17 , 2025

Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now ava...

May 17 , 2025

Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. A...


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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