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May 4 , 2025

Parliament Passes Animal Health and Welfare Law :Tougher Penalties

Parliament has unanimously approved the Animal Health and Welfare Proclamation (No. 1376/2017) during its 27th regular session on Tuesday. The law introduces stricter penalties for offences including...

May 4 , 2025

City Council Unanimously Approves 11.5B Br Budget Increase

The Addis Abeba City Council has unanimously approved an additional budget of over 11.5 billion Br to support ongoing development projects across the capital. The decision was made during the Council...

Apr 27 , 2025

Ethiopias Capital Market Sets Sights on Talent Strategy

A new strategy to strengthen the human capital foundation of Ethiopia's emerging capital market is taking shape. Led by FSD Ethiopia in partnership with iCapital Africa Institute and the Nairobi Secur...

Apr 27 , 2025

National Bank Upgrades Core Financial System to Global Standard

The National Bank of Ethiopia (NBE) has officially upgraded the Ethiopian Automated Transfer System (EATS), the country's Real-Time Gross Settlement (RTGS) platform, to align with the ISO 20022 messag...

Apr 27 , 2025

Spice Supply Hits 41,000tns in Nine Months

The South West Ethiopia Coffee, Tea, and Spices Authority has announced that over 41,000tns of spices were supplied to the central market in the first nine months of the current fiscal year, reflectin...

Apr 27 , 2025

Ethiopian Aviation Forum 2025: A New Era for African Aviation

The Ethiopian Aviation Forum 2025, organised by Norman Aerospace in partnership with GFOX Aviation, successfully convened over two days, drawing aviation leaders from Africa and around the world. The...

Apr 27 , 2025

Over 1.6B Dollars Saved Through Shift to Locally Made Income Products

Ethiopia has saved over 1.6 billion dollars in the fiscal year by replacing imported income-generating products with local alternatives, while small and medium enterprises (SMEs) earned 54.5 million d...

Apr 27 , 2025

Ministry Blames Road Delays on 400pc Cost Surge

The Ministry of Urban Development and Infrastructure says road construction targets have fallen short due to a 300–400pc rise in construction material prices. The update came as part of the Ministry...

Apr 27 , 2025

Droga Pharma Launches Health Financial Institution

Droga Pharma has announced the establishment of a financial loan and savings institution designed to support healthcare workers. Was Insurance S.C.—a new  venture affiliated with the firm, is await...

Apr 27 , 2025

Addis Abeba Becomes Home to Boeing's Africa Office

Boeing has confirmed Ethiopia as the location for its new African headquarters, ending speculation that Kenya or South Africa might host the strategic expansion. This move reflects Boeing's commitment...

Apr 19 , 2025

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of...

Apr 19 , 2025

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a...

Apr 19 , 2025

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registrat...

Apr 19 , 2025

Vietnam Deepens Diplomatic Ties with Ethiopia

Prime Minister Abiy Ahmed (PhD) and his Vietnamese counterpart, Phm Minh Chính, oversaw the signing of a series of cooperation agreements during Abiy's official visit to Hanoi—the first by an Ethio...

Apr 19 , 2025

EED Drives Industrial Boom with 2,700 Launched SMEs

Ethiopian Enterprise Development (EED) has helped launch more than 2,700 small and medium-sized manufacturing enterprises in just nine months—driving a wave of industrial growth and employment acros...

Apr 19 , 2025

6,000 Animals Prepared for Slaughter for Easter

The Addis Abeba Abattoirs Enterprise (AAAE) has planned the slaughter of 6,000 animals for Easter. The slaughtering will take place at the city's two main slaughterhouses, known as Kera and Akaki. ...


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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