FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Ethio telecom Launches Znexus to Bridge Africa's Digital Divide

Oct 18 , 2025


[ssba-buttons]

Ethio telecom has unveiled its own smart device brand, Znexus, marking a strategic step into the African smart device market. The launch, held last week at the Sheraton Addis Hotel, introduced a full suite of products, including smartphones, tablets, laptops, PCs, thin clients, and cloud workspace solutions. Chief Executive Officer Frehiwot Tamiru said the brand responds to Africa’s lingering digital gap. While telecom infrastructure has expanded across Sub-Saharan Africa, millions remain offline due to the high cost of smartphones and limited exposure to digital devices. She described Znexus as a human-centered, cloud-powered, and AI-enabled platform designed to make smart technology accessible and affordable. The initiative, Frehiwot said, is aimed at expanding digital inclusion across Ethiopia and the wider continent.


Radar

Tariff Reform Powers EEP Revenue to 119 Billion Br

Ethiopian Electric Power (EEP) collected 119 billion Br in revenue during the 2025-2026 fiscal year, up 57.8pc from the previous year, while recording a gross profit of 39.5 billion Br. The performance comes as EEP faces public scrutiny over a multi-year electricity tariff reform. EEP achieved 92pc of its 129.8 billion Br revenue target. It attributed the performance to improved revenue collection systems and better coordination, following a period in which the utility operated at a significa...


Radar

ESX Names Yodit Kassa CEO in Leadership Handover

The Ethiopian Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa. ESX credited Tilahun with steering the Exchange from its early project phase into a fully operational securities market. He established its governance, technological and operational foundations while building relationships with regulators, investors and other stakeholders. Yodit and Tilahun have been...


Radar

Enat Bank Enlists Partners to Develop Gender Bond

Enat Bank has entered a four-party partnership to develop what the partners describe as Ethiopia's first private-sector gender bond. The bank signed a memorandum of understanding with FSD Ethiopia, I-Capital Africa Institute and FSD Africa to structure and launch the bond. The partners will collaborate throughout the pre-issuance and post-issuance phases. Their work will cover transaction structuring, framework development, regulatory compliance, investor engagement and post-issuance manageme...