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Radar

Jun 1 , 2024

Adesina's Battle Cry to Move Africa from Raw Material Trap to Value Added Wealth

Akinwumi Adesina (PhD), the president of the African Development Bank (AfDB), characterised the export of raw materials as "a door to poverty" and value addition as "a highway to wealth. During the op...

Jun 1 , 2024

Finance Minister Ahmed Wants Sustainable Debt, Not Simply Available Loans

Ethiopia's Finance Minister, Ahmed Shedie, issued a stark reminder about the importance of sustainable debt practices during a panel at the African Development Bank (AfDB) annual meetings in Nairobi,...

Jun 1 , 2024

Germany Pledges 10m Grant in Leap of Faith

Germany has pledged a 10 million euro grant to the Horn of Africa Initiative (HoAI) to promote development and integration in the region. The grant is designed to enhance the Initiative's aspirations...

Jun 1 , 2024

Digital Revolution Reaches Dire Dewa

A digital saving and lending app that allows financial services through a digital National ID was launched last week. Kacha Digital Financial Service and Dire Microfinance joined forces to launch the...

Jun 1 , 2024

Abinet Gebremesqel Released from Prison after Corruption Charges Dropped on Health Grounds

Abinet Gebremesqel was released from Qality Prison, ending an eight-month detention period. Federal Prosecutors at the Corruption Crimes Investigation Unit dropped their charges against Abinet and fou...

Jun 1 , 2024

Gold Export Figures at Odds

A conflicting set of data emerges on gold exports in the nine months of the current fiscal year. According to the Ministry of Mines report 274 million dollars was earned during the period which showed...

Jun 1 , 2024

Africa's Glitzy Growth Numbers Mask Empty Plates

In a compelling address, Akinwumi Adesina (PhD), president of the African Development Bank (AfDB) Group, made a striking point: people do not eat GDP. His argument was anchored on the crucial need to...

May 25 , 2024

Mobile Apps Streamline Container Handling

A Chinese private logistics company availed its multilingual mobile applications designed to streamline container handling processes for local businesses. Dubbed arl-shipping.com, the apps are availab...

May 25 , 2024

Private Investment Takes Flight in Aviation Industry

Local private operators received the green light last week to expand their services beyond charter flights, offering regular passenger and cargo options. This move by the Ethiopian Civil Aviation Auth...

May 25 , 2024

Safaricom Ramps Up Network Expansion with Locally Made Poles

Safaricom Ethiopia has initiated a three-month procurement process to acquire a total of 68 poles from Woda Metal, the first telecom pole manufacturer in the country. The initial batch of 13 poles was...

May 25 , 2024

Data Hubs Fuel State Power Seller's Revenues Engine

Ethiopian Electric Power (EEP) has garnered over half a billion Birr in revenues over the past nine months through power sales to data mining companies. While the initial announcement mentioned "data...

May 25 , 2024

PM Swaps Defense Minister with Irrigation

Aisha Mohammed, a civil engineer with studies in transformational leadership, returns to the helm of the Defense Ministry. She previously held the position for a brief period in 2018, during the Prime...

May 25 , 2024

Ministry Eyes Infrastructure, Data Tracking

As the government propels towards a tourism-led economy, infrastructure development to destinations and a system to track the sector's contribution to GDP were identified as points of improvement...

May 25 , 2024

Parliament Calls for Industry Funds Accountability

Parliament is urging the Ministry of Industry to be more transparent and accountable in its allocation of financial support to industries. During a review of the Ministry's nine-month performance repo...

May 18 , 2024

Ministry Ponders Tax Waivers for Rural Energy Solutions

Tax exemptions for off-grid energy technologies like solar pumps and mini-grids are under discussion, spearheaded by the Ministry of Water & Energy. Commonly used by rural households, official...

May 18 , 2024

Rural Land Proclamation Comes to Light

A landmark legislation that grants title holders in rural areas the right to use the property as collateral was unanimously ratified by Parliament last week. It primarily focuses on extending acce...

Columns

Commentaries | Jun 22,2026

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