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City Launches Addis Mesob Centres to Overhaul Public Service Delivery System


City Launches Addis Mesob Centres to Overhaul Public Service Delivery System

Addis Abeba City Administration has begun rolling out the Addis Mesob One-Stop Service Centres, aimed at improving public service delivery and addressing governance challenges affecting efficiency. Mayor Adanech Abiebie said issues such as theft and maladministration have disrupted institutional performance, prompting structural reforms. The centres, which consolidate multiple government services in one location, have so far been launched in six sub-cities, with the remaining five expected to become operational within the current fiscal year. Each centre currently offers around 150 services, with plans to double capacity in the next fiscal cycle.

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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...


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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Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa.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...


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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...