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Jul 28 , 2025

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions a...

Jul 28 , 2025

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brough...

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations i...

Jul 27 , 2025

Bruh Vision Centre Rolls Out First Refractive Eye Surgery Service

Bruh Vision specialized Eye Care Center, based in the Birra Building near Wollo Sefer, has become the first facility in Ethiopia to offer refractive  surgery. The service was made possible through su...

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...


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Ethiopians Celebrate Big Dreams, While Everyday Realities Cast Shadow

The dawn of a new year is more than a simple turning of the calendar. It is a moment heavy...

Editorial | Sep 6 , 2025

Holiday Bazzars Reveal a City Split by Price, Policy, and Public Mood

At the heart of the city, the Zemen Gebeya New Year bazaar inside the Exhibition Hall behi...

Featured | Sep 7 , 2025 . By AMANUEL BEKELE

As Holidays Near, Addis Abeba's Markets Thrum with Hope, Hardship

As the holiday nears, the markets of Addis Abeba thrum with anticipation and anxiety. In t...

Agenda | Sep 7 , 2025 . By AMANUEL BEKELE

HOLIDAY MAKEOVERS Bring Little Cheer as Prices Soar

In her tiny one-bedroom condominium flat in the Qilinto neighbourhood, on the southern...

Fortune News | Sep 7 , 2025 . By RUTH BERHANU