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Mar 14 , 2026

Kenya's KCB Prepares Ethiopia Market Debut by 2026

KCB Group, Kenya's largest lender by assets, is preparing to enter Ethiopia's banking sector before the end of 2026 as part of its regional expansion strategy. The bank has already shortlisted potenti...

Mar 14 , 2026

Court Ends Account Freeze on Two Payment Gateways

The Federal Supreme Court has instructed the Commercial Bank of Ethiopia (CBE) to release the bank accounts of AddisPay Financial Technologies and LakiPay Financial Technologies, which had been frozen...

Mar 14 , 2026

Embassy Organises Real Estate Expo for Diaspora Investors

More than 35 of the country's leading real estate developers are set to showcase their projects and sales models to diaspora communities in the United Kingdom and the United States. The exhibition...

Mar 14 , 2026

Addis Abeba Set to Host Three-Day Microfinance Summit

The Ethiopian Microfinance Association is set to host a three-day international event bringing together participants from across the globe. The announcement came during a media briefing at Capital...

Mar 14 , 2026

Ministry Reports Exports Revenue in Current Fiscal Year

The Ministry of Trade and Regional Integration (MoTRI) has reported that it has earned 5.91 billion dollars from exports over the past seven months, marking a 17pc increase compared with the same peri...

Mar 14 , 2026

LakiPay Gains NBE License, Moves Into Digital Payments

LakiPay Financial Technologies S.C. has entered the country's growing digital payments market after securing a Payment System Operator license from the National Bank of Ethiopia in February 2025. The...

Mar 14 , 2026

Bank of Abyssinia, Visa Sign Five-Year Digital Partnership

Bank of Abyssinia (BoA) has signed a five-year strategic partnership with Visa, aiming to modernise payment infrastructure, advance a cashless economy, and expand secure, inclusive digital solutions....

Mar 14 , 2026

Ministry Grants Mining Production Licenses to Three Companies

The Ministry of Mines has signed production license agreements with three mining companies following the completion of an evaluation process, involving investments exceeding 4.2 billion dollars. Un...

Mar 7 , 2026

Zemen Insurance Appoints Frehiwot as New CEO

Zemen Insurance has named Frehiwot Alemayehu as its third Chief Executive Officer. Frehiwot brings nearly 19 years of experience in the insurance sector and previously served as Deputy CEO of Awash In...

Mar 7 , 2026

Authority Suspends Fine Packed Water Over Quality Breach

The Ethiopian Food & Drug Authority (EFDA), led by Heran Gerba, has suspended ASSH Packed Water Manufacturing Plc, the producer of Fine Packed Water. The authority ordered the company to immediate...

Mar 7 , 2026

Authorities Intercept Massive Haul of Alleged Illegal Goods

The Ethiopian Customs Commission reported that alleged contraband goods worth more than 820 million Br were confiscated during inspections in the first week of March. Of the total, 796.9 million Br...

Mar 7 , 2026

Yonas Alemayehu Assumes Leadership of MESOB One Stop Centre

Prime Minister Abiy Ahmed has appointed Yonas Alemayehu as the new Chief Executive Officer of MESOB One Stop Service Center, marking a key leadership transition at the city's digital government servic...

Mar 7 , 2026

Ethio telecom, Ericsson Ink Landmark Deal to Modernise Mobile Network

Ethio telecom has signed a landmark agreement with Ericsson at the Mobile World Congress in Barcelona, advancing the country's digital transformation. Under the three-year Next Horizon Strategy, 1,50...

Mar 7 , 2026

ECX Unlocks Finance Through Commodity Collateral For Barley Farmers

The Ethiopian Commodities Exchange (ECX) is implementing a warehouse receipt financing (WRF) system to enhance financial access for farmers, cooperatives, and processors. To date, over 914.2 million B...

Mar 7 , 2026

Education Barriers Fall Under U-GIRLS 2 Project

The U-GIRLS 2 Project, a six-year initiative to break barriers to girls' education in Benishangul-Gumuz, officially concluded last week at Haile Grand Hotel. Launched in 2020 with 14.9 million Cana...

Feb 28 , 2026

Authority Names Rahel Kassa Deputy Director General, Esayas Kassa Moves to DBE

Rahel Kassa has been appointed Deputy Director General of the Ethiopian Capital Market Authority (ECMA), succeeding Esayas Kassa (PhD). Rahel previously served at the National ID Program (Fayda) under...


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The New Gold Standard Comes with a Warning Label

In the goldfields of the Benishangul-Gumuz Regional State, Ethiopia's balance-of-payments...

Editorial | Jul 4 , 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

A City Between the Market and the Rules

July has arrived with the heaviest rains of the winter, dark clouds and mist blanketing Ad...

Agenda | Jul 4 , 2026 . By NAHOM AYELE and FITSUM TADESSE

Prime Minister Concedes Health Sector Remains Underprovided

The health sector remains underprovided despite rising public spending, Prime Minister Abi...

Fortune News | Jul 7 , 2026