Somali Region Advances Budget Independence as Revenues Rise

Radar

Infrastructure Financing, ECMA Partners with InfraCredit

The Ethiopian Capital Market Authority (ECMA), led by Director General Hana Tehelku, has stepped up efforts to strengthen the country's financial system through talks with The Currency Exchange Fund (TCX) and a new partnership with Infrastructure Credit Guarantee Company Limited (InfraCredit). In discussions with TCX executives, ECMA explored strategies to use currency risk hedging instruments that would allow Ethiopian issuers to tap foreign capital while limiting exchange rate exposure. Est...

Domestic Water Transport Staff Secure Collective Agreement

Ethiopian Shipping and Logistics (ESL) and the Basic Workers Union representing domestic water transport staff (Ethio-Ferries) signed a three-year collective agreement on September 17, 2025. The pact was formalised by Beriso Amelo (PhD), CEO of Ethiopian Maritime Transport, and Mulualem Eshete, Chairperson of the Union, in a ceremony attended by senior officials from both organisations. The agreement, awaiting official government recognition, sets out terms for labor rights, working condition...

City Launches Service Delivery Assembly, Government-Public Interface

On September 18, 2025, the Addis Abeba City Administration Finance Bureau launched the Service Delivery Coordination Assembly to address gaps between government institutions and the public. Deputy Mayor and Finance Bureau Head Abdulqadir Redwan called it a critical bridge for resolving service delivery challenges and stressed the need for meaningful user participation and a clear operational framework. Ashenafi Tadesse, Director of Reform and Good Governance, said the assembly aims to enhance...