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Jul 13 , 2025

AI Institute, Federal Police Ink Deal for Smart Station

The Ethiopian Artificial Intelligence Institute (EAII) and the Ethiopian Federal Police Commission (EFP) have signed an agreement to develop a Smart Police Station aimed at modernising law enforcement...

Jul 13 , 2025

Innovation Ministry Taps KPMG for Startup Consulting, Policy Reform

The Ministry of Innovation & Technology has inked a strategic partnership with KPMG East Africa in a bid to bolster Ethiopia's fledgling startup ecosystem. The collaboration will cover early-stage...

Jul 6 , 2025

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula...

Jul 6 , 2025

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote...

Jul 6 , 2025

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Ta...

Jul 6 , 2025

Safaricom Ethiopia Launches Social Impact Foundation

Safaricom Ethiopia has launched the Safaricom Ethiopia Foundation, registered under the Authority for Civil Society Organisations, to scale its social investments in education, health, digital inclusi...

Jul 6 , 2025

Ethiopian Capital Market Secures Major Grant

The African Development Bank(AfDB) has approved a 400,000 dollars grant to support Ethiopia's emerging capital market ecosystem. Funded through the Capital Markets Development Trust Fund, the grant wi...

Jul 6 , 2025

CBE Posts Highest-Ever Growth, New Deposits

The Commercial Bank of Ethiopia(CBE), has announced a record-breaking 515 billion Br in new deposits during the 2024/25 fiscal year, pushing its total deposits to 1.69 trillion Br. In a message shared...

Jul 6 , 2025

New World Bank Financing Boosts Economic Reform, Social Protection

The government has secured a 1 billion doallrs  financing agreement with the World Bank under the Second Sustainable and Inclusive Growth Development Policy Operation, marking a significant step forw...

Jul 6 , 2025

Capital Markets Set for Lift with Real Estate Funds, Commercial Paper

Ethiopia's financial sector is on the brink of a transformative shift as the Ethiopian Securities Exchange (ESX), with FSD Africa and FSD Ethiopia, prepares to launch Real Estate Investment Trusts/Fun...

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material...

Jun 29 , 2025

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement...

Jun 29 , 2025

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Spo...

Jun 29 , 2025

Customs Drafts New Code to Rein in Clearing Agents

The Ethiopian Customs Commission has drafted a new Code of Conduct for customs clearing agents, targeting long-standing issues of fraud, under-declaration, and informal brokerage that cost the state i...

Jun 29 , 2025

EFDA Launches Pharmaceutical Traceability Hub

The Ethiopian Food & Drug Authority (EFDA) has begun implementing its pharmaceutical traceability system to curb the flow of illegal medicines. Rolled out on June 26, 2025, the system requires all...

Jun 29 , 2025

Ethio-Re Set to Relocate as New Chair Takes Over

Ethiopian Reinsurance (Ethio-Re) is relocating its headquarters to the newly acquired Black Panther Building, purchased for nearly 100 million Br. Board Chairperson Dagnachew Mehari told Fortune that...


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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

Addis Abeba's Land Auction Spurs Bidding Frenzy During Affordability Concerns

Addis Abeba's sixth public land lease auctions after a five-year pause delivered mixed sig...

Fortune News | Sep 7 , 2025 . By NAHOM AYELE