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May 17 , 2026

Ministry of Education, Huawei Introduce Offline AI Support System

The Ministry of Education has partnered with Huawei to launch a pilot AI teacher assistant system integrated directly into the national curriculum. Designed to provide instructional support, the initi...

May 17 , 2026

River Restoration Plan in Addis Abeba Receives Support

Ethiopia and Italy have signed a €5 million grant agreement to finance the Qebena Tributaries Riverside Development Project in Addis Abeba. Signed on May 14, 2026, the project will be implemented...

May 17 , 2026

Awash Bank Launches First Round of Seed Sector Grant Initiative

Awash Bank has disbursed over 137 million Br under its Guarantee to Grant (G2G) Facility, supporting 12 private seed companies to expand access to agricultural finance. The initiative, implemented...

May 17 , 2026

Chinese Renewable Energy Giant Secures Ethiopia Investment Licence

The Ethiopian Investment Commission (EIC) has issued an investment licence to China's Ming Yang Smart Energy Group, formalising a revised 14.17 billion dollar renewable energy project. The company...

May 17 , 2026

Commission Reports Strong Revenue Growth, Contraband Seizures

The Ethiopian Customs Commission has collected 600.23 billion Br in revenue over the past ten months, slightly exceeding its target of 598.8 billion Br and achieving 100.22pc performance. Commissio...

May 17 , 2026

Ministry of Water & Energy Reports Mixed Nine-Month Performance

The Ministry of Water & Energy (MoWE) has presented its nine-month performance report to Parliament, showing strong gains in electricity generation alongside persistent financial and operational c...

May 9 , 2026

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in...

May 9 , 2026

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot...

May 9 , 2026

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings,...

May 9 , 2026

Federal Housing Corporation, Central Equatoria State Sign Housing Coorporation Deal

The Federal Housing Corporation and the government of Central Equatoria State in South Sudan signed a Memorandum of Understanding in Juba on May 5, 2026, to collaborate on housing development projects...

May 9 , 2026

Chapa Enables Remote National ID Payments

Digital payment platform Chapa said its system has supported the issuance of more than 3.5 million National IDs, processing over 1.27 billion Br in transactions. The figures were shared during a recog...

May 10 , 2026

ECX, Nigerian Counterpart Seal Deal on Commodity Market Development

The Ethiopia Commodity Exchange (ECX) and Nigeria's Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) signed a deal in Addis Abeba on May 7, 2026, to cooperate on agricultural trad...

May 10 , 2026

Capital Market Deepens as ESX Onboards Investment Banks

The Ethiopian Securities Exchange (ESX) has admitted First Addis Investment Bank and Siinqee Investment Bank as trading members after both secured licenses from the Ethiopian Capital Market Authority...

May 10 , 2026

TerraPay, Quantoz, Coop Bank Launch Cross-Border Remittance Solution

The Cooperative Bank of Oromia, in partnership with TerraPay and Quantoz, has launched the COOP REMIT mini-application to facilitate euro-denominated remittance flows from Europe. The system combin...

May 3 , 2026

Audit Regulator Tightens Rules on International Network Partnerships

The Accounting & Auditing Board of Ethiopia (AABE) has issued a warning to audit firms, stating that failure to comply with disclosure requirements in international partnerships could trigger lega...

May 3 , 2026

Bureau Reports Lease Enforcement Pushes City Land Revenue Higher

Addis Abeba's Land Development & Administration Bureau reported collecting 14 billion Br over nine months, driven by land auctions and stricter enforcement of lease regulations. According to th...


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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