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Jan 31 , 2026

Authority Orders Ethio telecom to Cut Infrastructure Rental Prices for Safaricom

The Ethiopian Communication Authority has compelled Ethio telecom, the country's dominant telecom operator, to reduce infrastructure rental fees for new entrant Safaricom Ethiopia. In addition, the re...

Jan 31 , 2026

Edan Power, China Sign Deal to Establish Green Tech Hub

Ethiopian Edan Power and China's Southern Power Grid Technology (CSGT) have signed a strategic, exclusive partnership to develop a "Green Tech" hub. The agreement was signed on January 26, 2026, by Ha...

Jan 31 , 2026

Customs Crackdown Nets 13 Billion Br in Alleged Contraband

The Customs Commission seized alleged contraband goods worth over 13 billion Br in the first half of the current fiscal year, arresting 729 suspects. The figures were revealed during the Ministry of R...

Jan 31 , 2026

Ministry Reports Billions in Revenue

The Ministry of Agriculture reported earnings of more than two billion dollars in the first half of the fiscal year, surpassing the planned 1.9 billion dollars. The ministry had aimed to purchase ...

Jan 31 , 2026

Ministry Partners with India to Expand PhD-Level Engineering Education

The Ministry of Education and India   have held talks to implement an agreement that will provide PhD training for Ethiopian educators through Indian technology institutions. Under the deal, more th...

Jan 31 , 2026

Ministry Seals Market Access Protocols with Brazil

The Ministry of Trade and Regional Integration (MoTRI) signed a market access protocol agreement with Brazil on January 30, 2026, in Geneva, Switzerland, marking progress in the country's bid to join...

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...


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The Rent Law Protects No One Well. Time to Rewrite It.

The federal legislative house rushed through one of the country's most contentious housing...

Editorial | Jun 27 , 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

Soaring Fares Strand Families on Highways

At the sprawling Lamberet Long-Distance Bus Station near Asmara Road, the usual din of eng...

Agenda | Jun 27 , 2026 . By MASTEWAL ZEMENE

Electric Cars Boom Tests Insurers' Petrol-Era Rulebook

A year after federal transport authorities restricted fossil-fuelled vehicles to clear the...

Fortune News | Jun 27 , 2026 . By BEZAWIT HULUAGER