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




UNIDO Upgrades Slaughter Houses

Nov 27 , 2023


[ssba-buttons]

The United Nations Industrial Development Organization (UNIDO) handed over 430 thousand euros worth of slaughterhouse equipment to five abattoirs as part of the African Industrialization Day celebrations. Under the moniker "Accelerating Africa’s Industrialization through the Empowerment of Women in Processing for an Integrated Market “, leather industry stakeholders, which included abattoirs, tanneries, skins, and hides traders attended the event at SkyLight Hotel. Despite the fact that women make up the majority of the African population, their participation in industrialization is limited, according to  Aurelia Calabaro, UNIDO representative and director of the regional office hub in Ethiopia, in her opening remarks. She went on to say that women in the industry face significant challenges, such as limited access to finance, absence of support institutions, restricted market access,  a lack of skill sets for adopting modern processing techniques and limited access to modern technologies. Samrawit Mersiehazen, the owner of Samra Leather, reflected on the challenges she experiences as a designer due to the poor quality of the hides and skins, which affects both the quality and quantity of her product and her market access. “I lost a deal worth millions from a company in the United States,” Samrawit noted. According to Fekadu Regassa(PhD), State Minister of Agriculture, any economic transformation agenda would be incomplete without ensuring the inclusivity of women in all spheres of development.


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...