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Dec 4 , 2022

SOOTHING RIDES

Addis Abeba's Stadium neighbourhood has been home to driving and cycling trainees for decades. Homeless children favour the location for its open spaces and high traffic. They ride rented bikes around...

Dec 4 , 2022

Oromia Bank Boosts Profit, Assets

Oromia Bank announced that it had earned 279.4 million dollars in foreign currency through international banking operations, a 55pc increase compared to last year. The Bank registered a net profit of...

Dec 4 , 2022

Abyssinia Gross Profit Triples Industry Average

Abyssinia Bank has reported successful results, with a gross profit of 4.6 billion Br, up 127pc from the previous year. It is more than triple the average gross profit for private banks. The total...

Dec 4 , 2022

Dessie Hospital Rehab Revives as First Delivery Arrives

The public hospital in Dessie, 400Km north of the capital in the Amhara Regional State, is beginning to crawl to its regular operations as the first delivery of rehabilitation works was delivered last...

Dec 4 , 2022

DBE's 1Q Revenues Exceeds Two Billion Birr

The first quarter of the current fiscal year saw a 33pc increase in revenue for the Development Bank of Ethiopia (DBE), with its operations generating more than two billion Birr. President of the B...

Dec 4 , 2022

Domestic, International Companies Enter Industrial Parks

An international and two local companies have signed a contract with Industrial Parks Development Corporation (IPDC). The Chinese Long March Electrical Equipment Manufacturing signed to lease a 3,...

Dec 4 , 2022

DigiTruck to Hit the Roads Reaching Nine Cities

A Digitruck under iCog plans to travel to nine cities and towns, such as Adama, Hawassa and Harer, delivering coding and robotics training and raising awareness among the youth. Huawei Technologies is...

Dec 4 , 2022

Standard Bank Testing the Financial Water

Standard Bank showed a strong interest in entering the Ethiopian financial sector with its CEO for African Region, Yinka Sanni, visiting Addis Abeba last week. During his three-day stay, Sanni visited...

Dec 4 , 2022

Internet Forum in the Capital Talks Access, Misinformation

Thousands of delegates from around the world and digital experts from the private sector descended in the capital last week to set out steps for leveraging the power of the Internet while addressing r...

Nov 26 , 2022

BRIDG-EATERIA

They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneat...

Nov 26 , 2022

WALKWAY DISPLAY

Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, be...

Nov 26 , 2022

TRAILER HOMES

Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail sho...

Nov 26 , 2022

Road Accidents Claim Young Lives in the Capital

Young men in their teens and twenties are dying of accidents on the road. The national death toll averages around 5,000 people annually, 80pc account for pedestrians in traffic accidents. Men betwe...

Nov 26 , 2022

Trio Lays Schemes to Insure Farmers by Next Harvest Season

Farmers are on the way to acquiring agricultural insurance, a scheme designed to prepare them for production loss from natural calamities. A discussion has been held between the Ministry of Agricultur...

Nov 26 , 2022

Ministry, Huawei Nurture Techie Women

The Ministry of Education is aggressively working on human resource development in the communications and information technology (ICT) sector, cooperating with private companies to provide practical t...

Nov 26 , 2022

Private Company Joins Fintech Frenzy

A fintech company, SantimPay Financial Institution S.C., finalised preparation to venture into the lucrative mobile money market next week after securing a permit from the National Bank of Ethiopia (N...


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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