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Jun 21 , 2025

Ethiopia, UN Launch Joint Plan to Drive Development Through 2030

The Ethiopian government and the United Nations (UN) have signed a five-year development plan outlining national priorities from 2025 to 2030. Signed on June 20 at the Ministry of Finance, the United...

Jun 21 , 2025

EEU Pegs 6.8B Dollars for Full Power Access by 2030

The Ethiopian Electric Utility (EEU) estimates 6.8 billion dollars is needed to ensure universal access to electricity by 2030. Around 37pc of the population remains without power, while the rest use...

Jun 21 , 2025

Ministry Fines Traders Millions of Birr for Anti-Competitive Conduct

The Ministry of Trade & Regional Integration has reported the deposit of over 4.8 million Br into the government treasury from fines imposed on traders found guilty of engaging in anti-competitive...

Jun 21 , 2025

Dashen Bank Rolls Out Secure Asset Deposit Service for Valuables

Dashen Bank has introduced a new secure deposit service for storing valuable items, including precious metals, gems, legal documents, and securities. The service is equipped with advanced security sys...

Jun 21 , 2025

Inflation Rate Stands at 14.4 pc, Tracking System Improved

The Ethiopian Statistical Service (ESS) has expanded its Consumer Price Index (CPI) coverage from 120 to 200 markets, marking the first major update in 25 years. The move comes in response to rapid ur...

Jun 21 , 2025

Crackdown on Non-Compliant Universities: 57 Sanctioned

The Federal Education & Training Authority has sanctioned 57 higher education institutions across 89 campuses for failing to meet regulatory standards. These institutions must reapply for accredit...

Jun 15 , 2025

Fresh Push to Help Farmers Get Covered & Cash In

The Ministry of Agriculture has established the Rural Finance Service Unit (RFSU) to coordinate and expand agricultural insurance nationwide. Announced on Tuesday at the 2025 UNDP Financial Resilience...

Jun 15 , 2025

Mission 300 Gains Momentum as Ethiopia Charts Path to Energy Equity

The Government has developed a National Energy Compact with the goal of achieving universal electricity access by 2030. The strategy, led by the Ministry of Water & Energy (MoWE), outlines Ethiopi...

Jun 15 , 2025

Rammis Bank Commences Mobile Application, Card Banking Services

Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturd...

Jun 15 , 2025

MIDROC Drives Agricultural Shift in Oromia with Tea-Focused Investment Push

MIDROC Investment Group is set to build seven tea-processing factories in Oromia Regional State, part of a major push to boost domestic tea production and expand exports. CEO Jamal Ahmed said the c...

Jun 15 , 2025

Urban Sanitation Oversight Secured with 110M Br Government Contract

The Ministry of Water & Energy has signed a contract valued at over 110 million Br to oversee urban sanitation initiatives under the Water Development Fund's program. The agreement was awarded...

Jun 15 , 2025

Ethiopia Looks to Ditch Foreign Help, Build Its Own Evaluation System

The lack of a national evaluation system hampers policymaking, leaving Ethiopia reliant on foreign consultants like the IMF and World Bank to assess GDP, says State Minister Tirumar Abate  at the Min...

Jun 15 , 2025

New Netpreneur Programme Targets Startup Growth in Collaboration with Alibaba

At the launch of the Ethiopia Netpreneur Programme, Innovation & Technology Minister Belete Molla (PhD) reaffirmed the government's commitment to building a strong digital economy through its ongo...

Jun 15 , 2025

Berhan Bank Launches Fuel Payment App

Berhan Bank announces the launch of its digital fuel payment system, developed with the Ministry of Transport & Logistics. The 'Fuel Aggregator' app advances fuel transaction digitalisation, impro...

Jun 7 , 2025

Parliament Enacts Solid Waste Management, Disposal Proclamation

Parliament has unanimously passed the solid waste management and disposal proclamation, marking a decisive move toward environmental sustainability. It mainly introduces stringent penalties for the us...

Jun 7 , 2025

NBE Sustains Dollar Supply as Exchange Rate Rises

The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia's (NBE) foreign exchange auction held on June 5, 2025. This marks a steady increase from 133.17 Br i...


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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