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Aug 23 , 2025

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, T...

Aug 23 , 2025

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update cam...

Aug 23 , 2025

Yango Pitches New Rental Model to Car Owners

Yango Ethiopia has introduced a vehicle rental program designed to boost returns for car owners. Through franchise partners, owners can register vehicles, manage drivers, track trips, and monitor reve...

Aug 23 , 2025

Spice Shipments Bring Nearly 15 Million Dollars

Spice exports fetched 14.94 million dollars from 15,612 tons shipped in the past fiscal year, the Coffee & Tea Authority reported. Top buyers included India, Egypt, Saudi Arabia, the United States...

Aug 23 , 2025

Private-Sector Confidence Grows as Foreign Investment Climbs

Ethiopia attracted four billion dollars in foreign direct investment during the 2024/25 fiscal year, up 2.2 percent from the previous year. The investment authority credited policy reforms, digitised...

Aug 23 , 2025

Labor Ministry Launches Tool for Safer Migration

The Ministry of Labor & Skills has rolled out "Lemenegede", a mobile app designed to support Ethiopians in overseas employment. Built in-house and backed by the International Labour Organization,...

Aug 23 , 2025

School Feeding Program Reaches 840,000 Students

The city administration's education office announced that 840,585 students from pre-primary to secondary schools are receiving two daily meals under the school feeding program. Backed by trained nutri...

Aug 17 , 2025

Coffee Hub Illu Ababor Targets Bigger Share in Global Market

Illu Ababor Zone supplied more than 51,000 tons of coffee to the central market in the 2024/25 fiscal year, Deputy Administrator Mohammed Teha reported. The effort is part of the "Neqemte Initiative,...

From Loan to Tap, Ministry Secures Water Infrastructure Funds

The Ministry of Water & Energy has signed a cooperation framework with China Exim Bank, facilitated by contractor CGCOC, securing a 100 million dollars loan. State Minister for Drinking Water &...

Aug 17 , 2025

Bureau Rolls Out QR-Enabled IDs for Inspectors

The Addis Abeba Revenues Bureau has equipped inspectors with QR (quick response) code-integrated ID cards to curb fraud and improve transparency. Launched in Mercato, the system lets merchants verify...

Aug 17 , 2025

Manufacturing Output Surpasses Job Target

The manufacturing sector created 352,513 jobs in the 2024/25 fiscal year, exceeding the 350,000 target, the Ministry of Industry reported. Medium- and small-scale domestic manufacturers met their job...

Aug 17 , 2025

Mini-Grids, Mega-Parks Drive Solar Ambition

The Ministry of Water & Energy is advancing solar capacity through collaboration with the International Solar Alliance (ISA). State Minister Sultan Wali (PhD) said the partnership will expand ener...

Aug 17 , 2025

City Roads Authority Outpaces Plan, Inner Streets Get Makeover

The Addis Abeba City Roads Authority outperformed this fiscal year's cobblestone road target, completing 95.2 km, well above the planned 70.2 km, a 35 percent surplus. Officials say the initiative foc...

Aug 17 , 2025

EEU Reports Progress in Distribution Projects, Confronts Persistent Power Losses

The Ethiopian Electric Utility (EEU) closed the 2024/25 budget year with major gains in rural electrification and infrastructure upgrades, but the sector continues to bleed from theft, outages, and ag...

Aug 17 , 2025

Kifiya, Mastercard Foundation Push AI-Driven Credit Access

Kifiya Financial Technologies and the Mastercard Foundation convened the third Kifiya Knowledge Series at the Hyatt Regency, gathering over 250 policymakers, bankers, fintech leaders, and entrepreneur...

Aug 10 , 2025

Somali Region Advances Budget Independence as Revenues Rise

Somali Regional State is moving closer to fiscal independence, with nearly half its budget now funded locally. Officials point to rising agricultural output and stronger tax enforcement as key drivers...


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Luxury of the Ordinary

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Traders Count the Cost as Officials Sweep Through Mercato

Editorial | Oct 18,2025

Official Narratives Preach Recovery. People Don't Feel It


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Official Narratives Preach Recovery. People Don't Feel It

The political establishment, notably the ruling party and its top brass, has become preocc...

Editorial | Oct 18 , 2025

TRADITION THRIVES AS COSTS CLIMB

As dawn broke over Addis Abeba last week, the city's arteries pulsed not with the usual we...

Featured | Oct 5 , 2025 . By REDIET YARED

Traders Count the Cost as Officials Sweep Through Mercato

Last Tuesday, long before dawn, Mercato was awake but not to haggle. Around Mierab Hotel,...

Agenda | Oct 18 , 2025 . By YITBAREK GETACHEW

Addis Abeba Raises Health Insurance Fees as Fiscal Pressures Mount

In a sweeping reform that upends nearly a decade of uniform health insurance contributions...

Fortune News | Oct 18 , 2025 . By NAHOM AYELE