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




US Supports Women Entrepreneurialism

Dec 24 , 2022


[ssba-buttons]

Indiana, Debre Markos, and Bahir Dar universities joined to host a workshop last week, funded with a 600,000 dollars grant from the US. Women from Bahir Dar and Debre Markos universities have participated in the workshop focusing on entrepreneurship geared towards empowerment. The US has a global effort to expand women entrepreneurs, with the Ethiopian project kicking off on international women's entrepreneurship day on November 22, 2022. Last year a 10,000 dollar grant from the US was awarded to four projects that offered outstanding prospects. Lifting Up Young Female Entrepreneurs (LIFYE), which aims to empower women to have their career paths, and Partnership in Business Entrepreneurship and Leadership Transformation (PIMBLET) were the two initiatives launched last week with aims to establish new business incubation centres and survey the entrepreneurship landscape in Bahir Dar city, the seat of the Amhara Regional State. The Academy of Women Entrepreneurs (AWE) will train women from Jima, Addis Abeba, and Dire Dewa cities using a US State Department tool - Dream Builder.


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Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa.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