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Nov 3 , 2024

AliExpress Brings Online Shopping Experience Offline

AliExpress has launched its first showroom in Addis Abeba through a partnership with a company active in BPO, warehousing, logistics, farming, and manufacturing. The partnership with Echelon Group too...

Oct 27 , 2024

Historic Africa Hall's $57 million Renovation Eyes Tourists

The iconic Africa Hall, where the leaders of 32 African nations gathered in 1963 to establish the Organization of African Unity (OAU), the precursor to today's African Union (AU) was inaugurated after...

Oct 27 , 2024

Investment Holdings Backs Electric Mobility with Battery Swap Stations

Ethiopian Investment Holdings has made its second joint venture with an electric mobility startup company to avail 100 battery swap stations in Addis Abeba within a year and expand to 300 stations ove...

Oct 27 , 2024

Expo Looks to Enhance Underdeveloped Agri Subsectors

A three-day agricultural exhibition assembling stakeholders from the poultry, aquaculture, apiculture, and livestock is set to kick off at Millenium Hall on Airport Road. Organised by Prana Events, th...

Oct 27 , 2024

Ethiopian Innovators Shine at Start-Up Competition

Three Ethiopian innovators have emerged victorious in Total Energies' annual start-up competition. Open to entrepreneurs aged 18 to 35 owning businesses less than three years old, the competition aims...

Oct 27 , 2024

Report Forecasts Ethiopia's Digital Growth in the Next Four Years

Ethiopia's digital economy is expected to show significant growth contributing 1.3 trillion Br in the next four years, according to a latest report by Global System for Mobile Communications (GSMA). D...

Oct 27 , 2024

Fertiliser Giant's Subsidiary Tackles Soil Acidity

USAID and OCP Ethiopia Fertilisers Manufacturing PLC (OCP-EFMC) have partnered to tackle soil acidity, aiming to boost crop yields and farmer incomes. By introducing innovative fertiliser blends, the...

Oct 27 , 2024

Zeleke Temesgen Assumes EIC Commissioner Role

Zeleke Temesgen (PhD) has been appointed as the new commissioner of the Ethiopian Investment Commission (EIC) after previously serving as deputy commissioner. His predecessor, Hanna Arayaselassie, who...

Oct 27 , 2024

New Duty-Free Store Opens at Skylight Hotel

Country Trading PLC announced the opening of its second duty-free store, dubbed 'Millennium Duty Free', located inside Skylight Hotel last week. The store will also cater to the city's diplomatic corp...

Oct 20 , 2024

Warehouse Receipt Financing Secures 117 million Br Loans in 3 Months

The Ethiopian Commodity Exchange announced that 117 million Br in loans were accessed through warehouse receipt financing in the past three months. Since last year ECX has facilitated warehouse rec...

Oct 20 , 2024

Berhan Bank's Profit Jump, Foreign Exchange Revenues Slide

Berhan Bank has reported a noteworthy 103.4pc increase in net profits, reaching 1.18 billion Br. It was accompanied by a 20.8pc return on equity and a 124pc surge in earnings per share (EPS), which cl...

Oct 20 , 2024

Dashen Bank Profits Surge Amid Economic Headwinds

Shareholders of Dashen Bank left their annual general assembly content, as their Bank netted 4.9 billion Br. Despite a two percent decline in earnings per share, now at 433 Br, the profit increased by...

Oct 19 , 2024

Zemen Bank's Profit Soars, Deposits Reach New High

Executives of Zemen Bank have announced a record-high profit for the ended fiscal year. The Bank netted 2.39 billion Br, a 32pc jump from the previous year, fueled by increased deposits and a strong p...

Oct 19 , 2024

Solar Cell Production Set for Hawassa

The Tokyo-based solar solutions company, Toyo Solar, has announced plans to set up a solar cell manufacturing facility in Hawassa Industrial Park (HIP) with an expected annual capacity of two gigawatt...

Oct 19 , 2024

Tripartite Partnership Comes Live to Boost Regional Capital Markets

A partnership that promotes cross-border investments, knowledge exchange, and capacity building was formed between the securities exchanges of Ethiopia and Kenya last week. Ethiopian Securities Exc...

Oct 12 , 2024

Ethiopia Gears Up to Host Global Logistics Leaders in 2027

Logistics professionals are gearing up to discuss industry developments and strengthen international ties, as Ethiopia hosts the 64th World Congress of the International Federation of Freight Forwarde...


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Commentaries | Jun 22,2026

Climate Exile Already Here, Yet the Law Still Refuses to See It

Life Matters | Jun 20,2026

A Cup of Juice, A Long Day, an Uncomfortable Realisation

My Opinion | Jun 20,2026

The Promise and Peril of AGI

Sunday with Eden | Jun 20,2026

Prevention Starts Years Before the First Diagnosis

Agenda | Jun 21,2026

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

Editorial | Jun 20,2026

The Budget Bill Asks the Most from Citizens with the Least Slack


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The Budget Bill Asks the Most from Citizens with the Least Slack

When Parliament takes up the appropriation bill, federal legislators will receive a docume...

Editorial | Jun 20 , 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

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

Fortune News | Jun 21 , 2026 . By NAHOM AYELE