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Apr 10 , 2026

Wegagen Bank, International Finance Corporation Partner to Expand Trade Finance

Wegagen Bank has signed a deal with the International Finance Corporation (IFC) to expand its trade finance capacity through a 10 million dollar guarantee facility. The agreement, signed by CEO Akl...

Apr 10 , 2026

Addis Land Bureau Sets half of Lease Fee Deadline for 32 Projects

Addis Abeba Land Development and Administration Bureau head Mekonnen Yayi assured firms the bureau will provide necessary land lists and cards to support compliance after they pay 50pc or more of leas...

Apr 10 , 2026

CBE, Finance Bureau Partner on Internet Banking Expansion

The Addis Ababa Finance Bureau has signed an agreement with the Commercial Bank of Ethiopia (CBE) to extend internet banking services across accounts linked to 119 woredas, 600 schools, and health cen...

Apr 10 , 2026

Wildberries Opens Marketplace to Ethiopian Sellers

Wildberries, the largest Russian online retailer company has opened its e-commerce marketplace to Ethiopian sellers, making the country the latest addition to its global network. Local businesses c...

Apr 10 , 2026

Authority Intensifies Food, Drug Safety Crackdown

Addis Abeba Food & Drug Authority(AAFDA) removed products worth 123 million Br and penalised more than 1,200 businesses in nine-month crackdown ahead of Easter. The authority intensified inspec...

Apr 5 , 2026

Wingu Africa Introduces Integrated Cloud Platform for Computing, Storage, Security Services

Wingu Africa has launched first Cloud Exchange called Wingu Cloud Exchange (WCX), at the Addis Abeba University last week targeting businesses operating in Ethiopia and the wider region. The platfo...

Apr 5 , 2026

Chinese Firms Dominate Shortlist for Bishoftu Airport Project

Ethiopian Airlines Group (EAG) has shortlisted international consortia for the EPC-F main works packages of the Bishoftu International Airport Project, following completion of its prequalification eva...

Apr 5 , 2026

National Bank Bans Unlicensed Money Transfer Operators

The National Bank of Ethiopia (NBE) has issued a public notice banning a list of money transfer service providers from operating in the country, citing lack of authorisation and involvement in illegal...

Apr 5 , 2026

Ethio telecom Unveils TeleSign Digital Platform

Ethio telecom has launched TeleSign, a digital platform designed to link government systems and shift public services into a fully online experience. The state-owned operator rolled out the solution i...

Apr 5 , 2026

Direct Exports Fall Short of Target as Export Growth Shows Uneven Performance

The Ministry of Trade & Regional Integration (MoTRI) has reported that export performance fell short in key areas during the first eight months the fiscal year, despite overall revenue reaching 6...

Apr 5 , 2026

Dashen Bank Launches Super App-Based Virtual Mastercard for International Payments

Dashen Bank has launched a Dashen Virtual Card in partnership with Mastercard, enabling customers to make secure international online payments directly through its Super App. The card supports tran...

Apr 5 , 2026

Railway Slashes Loading Time as Pressure Mounts on Supply Chain

The Ethiopia-Djibouti Railway has cut train loading and unloading time from 24 hours to 12 hours in a bid to ease a growing container shortage and speed up cargo movement along the corridor. The op...

Apr 5 , 2026

IMF Announces New African Department Director in Major Reshuffle

The International Monetary (IMF) Fund is set for a leadership change in its African Department, with Abebe Aemro Selassie stepping down after years in the role. Mauritanian economist Zeine Zeidane wil...

Mar 28 , 2026

Agricultural Insurance Coverage Remains Low as New Initiatives Roll Out

The Ministry of Agriculture (MoA) and the Association of Ethiopian Insurers have launched two new initiatives focusing on agricultural insurance. The initiatives were announced at a CEO Forum convened...

Mar 28 , 2026

Wubishet Tadele Appointed to Lead Accounting Board

The Accounting & Auditing Board of Ethiopia (AABE) has appointed Wubishet Tadele as Director General, marking a leadership transition at the federal regulator responsible for financial reporting a...

Mar 28 , 2026

Ministry Reports Jump in Mining Revenues as Output, Exports Rise

The Ministry of Mines (MoM) reported earnings of over 3.5 billion dollars from gold, gemstones, and industrial minerals over the past eight months. Several mining projects began operations during t...


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The Elections Offered Order at the Centre, Silence at the Edges


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The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 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

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE