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Aug 10 , 2025

Manufacturing Sector Edges Past Market Share Target

The manufacturing sector has inched past its domestic market share goal for the 2024/25 fiscal year, reaching 44.84pc against a planned 44.76pc. The figure marks an improvement from last year's 40.8pc...

Aug 7 , 2025

Ethiopia, IFAD Sign 69.2m Dollar Deal to Promote Lowland Resilience

The Ethiopian Government and the International Fund for Agricultural Development (IFAD) have signed a 69.2 million dollar grant agreement to implement Phase II of the Lowland Livelihoods Resilience Pr...

Aug 3 , 2025

NBE Expands Diaspora Warning Over Unlicensed Remittance Firms

The National Bank of Ethiopia (NBE) has issued an expanded public warning targeting unlicensed remittance operators abroad, flagging four U.S.-based companies it says are undermining Ethiopia's financ...

Aug 3 , 2025

Stricter Standards Unveiled for Public Auditors, Accounting Firms

The Accounting & Auditing Board of Ethiopia (AABE) has issued a new directive aimed at strengthening oversight and professional standards in the accounting and auditing sector. Grounded in the Fin...

Aug 3 , 2025

Export Recovery Gains Ground, Industry Still Lags Potential

The Ministry of Industry (MoI) has reported a modest rebound in Ethiopia's manufacturing exports, with revenues climbing eight percent in the 2025 fiscal year to reach 318 million dollars. Minister Me...

Aug 3 , 2025

Fuel Tariff Revision Keeps Key Prices At Ease

On July 27, 2025, the Ethiopian Ministry of Trade & Regional Integration announced updated retail prices for petroleum products. For the month of August, the prices of petrol, white diesel, kerose...

Aug 3 , 2025

Grounds for Growth: Coffee Authority Targets New Export Highs

Ethiopia is aiming to break its own record in the global coffee trade, with the Ethiopian Coffee & Tea Authority targeting over 3 billion dollars in export revenues from coffee, tea, and spices fo...

Aug 3 , 2025

Industrial Parks Development Corporation Exceeds Target Revenue

The Industrial Parks Development Corporation (IPDC) reported revenues exceeding 4 billion Br for the 2025 fiscal year, achieving 99pc of its annual target. CEO Fisseha Yitagesu (PhD) announced that ex...

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...


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In Climate Talks, Africa Mortgages Tomorrow Simply to Survive Today

At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...

Editorial | Sep 13 , 2025

Digital Payments Reshape Economy While Service Workers Lose Out

The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

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The yellow flush of Aday Abeba flowers has returned to Addis Abeba, heralding the arrival...

Agenda | Sep 13 , 2025 . By NAHOM AYELE and YITBAREK GETACHEW

Monument to National Ambition, Geopolitical Agency

The Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydroelectric power project,...

Fortune News | Sep 15 , 2025 . By AMANUEL BEKELE