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Jan 31 , 2026

PM Inagurates Aysha-II Wind Power Project

PM Abiy Ahmed (PhD) has inaugurated the Wind Power Project, Aysha-II on January 31, 2026. Located in the Somali Region, the project was inaugurated with an annual generation capacity of 467 GWh, Aysha...

Jan 24 , 2026

Social Health Insurance Takes Effect for Public Health Sector Employees

The Ethiopian Health Insurance Service (EHIS) has formally launched the implementation of Social Health Insurance (SHI) for government employees in the formal health sector, effective January 22, 202...

Jan 24 , 2026

NBE Struggles to Meet Dollar Demand

The National Bank of Ethiopia held its biweekly foreign exchange auction last week to supply commercial banks with U.S. dollars. Twenty-one banks participated, collectively requesting 94.7 million dol...

Jan 24 , 2026

Development Bank Considers Implementing Susuk Bond

Development Bank of Ethiopia and FSD Ethiopia have held discussions on the implementation of Sukuk, Sharia-compliant Islamic bonds aimed at expanding interest-free financial services. Sukuk involve...

Jan 24 , 2026

Ministry Reports Growth in Domestic Proxy Products

The Ministry of Industry announced that it achieved 3.4 billion dollars in savings during the first six months of the 2025/2026 fiscal year through the production of domestic proxy products. This repr...

Jan 24 , 2026

US Officially Exits WHO, Ending 77-Year Membership

United States has finalised its withdrawal from the World Health Organisation (WHO), formally ending its 77-year membership. President Donald Trump began the withdrawal process through an executive or...

Jan 24 , 2026

MIDROC to Secure Financial Support for Sheraton Addis Project

The International Finance Corporation (IFC), the World Bank Group's private-sector arm, has proposed an A-loan of up to 80 million dollars to MIDROC Ethiopia Plc to refurbish the Sheraton Addis and bu...

Jan 24 , 2026

Ethiopia Beats Export Targets in First Half of Fiscal Year

Ethiopia generated 5.1 billion dollars in export revenue during the first six months of the fiscal year, surpassing its target of 4.42 billion dollars. The Ministry of Trade and Regional Integration r...

Jan 24 , 2026

Ministry Grants Additional Extension for Business License Renewal

The Ministry of Trade and Regional Integration has announced an extra 15-day extension to the annual business license renewal period, following continued complaints from traders over administrative de...

Jan 17 , 2026

ATI Expands Commercial Farming, Youth Jobs, Digital Agriculture Push

The Ethiopian Agricultural Transformation Institute (ATI) says agricultural commercialisation, youth employment, and digital transformation will anchor its next phase of work. Briefing stakeholders th...

Jan 17 , 2026

Justice Ministry Freezes Accounts of Eight Payment Gateways

The Ministry of Justice has ordered all commercial banks to freeze the accounts of eight payment gateway providers and submit full financial records. In a December 29 directive signed by Tesfaye Daba...

Jan 17 , 2026

CBE Unveils StarPay Electronic Payment Service

The Commercial Bank of Ethiopia (CBE) has launched StarPay, a digital payment gateway linked to its banking platform that works both online and offline. Ephraim Mekuria, Acting President of CBE, said...

Jan 17 , 2026

Coffee Exports Surge in First Half of Fiscal Year

Ethiopia exported 200,000 tons of coffee during the first half of 2025/26, earning 1.35 billion dollars in revenue. This exceeds last year's earnings by 350 million dollars and surpasses the 1.32 bill...

Jan 17 , 2026

Google Launches Universal Commerce Protocol

Google has officially launched the Universal Commerce Protocol, a new system designed to streamline online transactions through artificial intelligence agents. Introduced on January 11, 2026, the prot...

Jan 17 , 2026

Dachi Launches First Domestic Canned Bean Production

Dachi Food Industry has begun producing canned bean products locally for the first time, a move designed to boost agro-processing, cut imports, and expand exports. Dachi has introduced six varieties,...

Jan 17 , 2026

U.S. Suspends Immigrant Visas for Nationals of 75 Countries

The United States has halted all immigrant visa issuance for nationals of 75 countries, including Ethiopia, effective 12:01 a.m. on January 21. While applications can still be submitted, no visas will...


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T-Bills Trap Begins in the Federal Government's Own Budget

The federal budget tells a troubling story about inflation, debt and reform. The problem i...

Editorial | May 16 , 2026

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "S...

Featured | May 17 , 2026 . By HELINA HADGU

Quiet Campaigns Speak Loudly

Genene Gedebu reached Kucha after the campaign season for the upcoming national elections...

Agenda | May 17 , 2026 . By NAHOM AYELE

Tax Bill Tests the Line Between Compliance, Fairness

A revised tax administration law could bar taxpayers from submitting new evidence during c...

Fortune News | May 17 , 2026 . By NAHOM AYELE