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Dec 13 , 2025

Berlin Deepens Commitment to UNDPs Post-Conflict Work

Germany has expanded its backing for UNDP's Peace Support Facility (PSF) with an extra five million euros, reaffirming its partnership with Ethiopia's recovery efforts. The signing took place at the G...

Dec 13 , 2025

Ethiopia Electric Utility Faces Heavy Losses from Infrastructure Vandalism

The Ethiopian Electric Utility recorded significant financial losses during the first four months of 2018 due to vandalism, theft, and deliberate damage. Transformer vandalism caused over 23 million B...

Dec 13 , 2025

US Donates Marburg Treatment to Ethiopia

The United States has donated a shipment of monoclonal antibody treatment to Ethiopia to strengthen the country's response to Marburg virus outbreaks. The handover took place at the Ethiopian Pharm...

Dec 13 , 2025

Authority Orders Removal of Neighbourhood Road Gates

The Addis Abeba City Roads Authority has warned residents and groups blocking neighbourhood roads with gates, saying the obstructions are causing traffic delays, disrupting movement, and limiting acce...

Dec 13 , 2025

African Development Bank Backs Road Upgrades to Reopen Somalia's Regional Trade Routes

The African Development Bank Group has approved 76.37 million dollars to finance Somalia's Road Infrastructure Programme under the regional transport corridor linking Somalia, Djibouti, and Ethiopia....

Dec 13 , 2025

Baking Giant Pushes Digital Leap with New Lesaffre & Me App

Lesaffre, the global yeast and baking solutions giant with 170 years of experience and more than a decade in Ethiopia, has rolled out Lesaffre & Me, a mobile app designed to modernise the country...

Dec 6 , 2025

Sidama Bank Posts Strong Profit Growth as Deposits Climb

Sidama Bank closed the fiscal year ending June 2025 with a net profit of 126.9 million Br, marking a 77.2pc rise from the previous year's 71.6 million Br. The young third-generation bank stands out in...

Dec 6 , 2025

Hibret Insurance Breaks One-Billion-Birr Profit Mark

Hibret Insurance has reported its highest earnings to date, securing more than one billion Br in pre-tax profit under CEO Meseret Bezabih. The result reflects a 79pc rise from last year. Total writ...

Dec 6 , 2025

Oromia Bank Posts Strong Profits, Accelerates Fintech Expansion

Oromia Bank concluded the 2024/25 fiscal year with a positive performance. Profit before tax surpassed 12 billion Br, exceeding the target by 105 pc, while tax contributions rose to approximately 2.6...

Dec 6 , 2025

Mayor's Office Launches New Tax Complaint System

The Mayor's Office has introduced a new procedure to address complaints related to tax collection and revenue services in Addis Abeba. The mechanism complements the existing system at the City Adminis...

Dec 6 , 2025

Addis Abeba Revenue Bureau Activates Body-Worn Cameras Across Four Districts

The Addis Abeba Revenue Bureau has begun using 280 body-worn cameras to monitor field staff starting this month, with live audio and video transmitted to central and branch offices. The system is oper...

Dec 6 , 2025

Rammis Bank Reports Income Growth, Expanding Footprint

Rammis Bank closed the fiscal year ending June 2025 with total income of 400 million Br, a 3.8pc rise from the previous year, according to results presented at its general assembly at held at Elili Ho...

Dec 6 , 2025

Costly Soil Rehabilitation Falls Behind as Acidity Spreads in Sidama

More than 62pc of Sidama's 153,000ha farmland has become too acidic for optimal production, with roughly 95,000ha already dragging down yields. Regional officials say rehabilitation efforts are constr...

Dec 6 , 2025

Betting Operators Banned for Alleged Embezzlement of Billions

The Ethiopian Lottery Service has banned 22 sports betting operators, effective Thursday, the authority announced last week on its social media platforms. The move followed a report from the Nation...

Nov 29 , 2025

New Directive Pushes Mandatory Safety Seats for Children

The Road Safety & Insurance Fund Service has issued a draft directive proposing compulsory child-extension belts and age-specific restraint systems in vehicles to improve passenger safety for infa...

Nov 29 , 2025

Council Greenlights Global Funding for National Energy, Skills Programs

Council of Ministers approved over 314 million Special Drawing Rights (SDR) in new financing from the International Development Association (IDA) during its 50th regular session. The funds target clea...


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Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE