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



Costly Soil Rehabilitation Falls Behind as Acidity Spreads in Sidama


Costly Soil Rehabilitation Falls Behind as Acidity Spreads in Sidama

More than 62pc of Sidama’s 153,000ha farmland has become too acidic for optimal production, with roughly 95,000ha already dragging down yields. Regional officials say rehabilitation efforts are constrained by the rising cost of lime, after spending 60 million Br last year to stabilise soils. The update came during an OCP Ethiopia field demonstration in Hula District showcasing OC-Messa fertiliser on, a phosphate blend tailored for teff and barley grown in degraded soils. OCP officials argue the customised fertiliser provides a more efficient alternative in areas where acidity limits nutrient uptake. Sidama's Agriculture Head Memmiru Mokehu warned that soil acidity is accelerating nationwide and called for coordinated intervention. OCP Ethiopia operates blending plants across Amhara, Oromia, Sidama and Central Ethiopia, including its flagship facility in Bahir Dar.

[ssba-buttons]

Radar

Freight Forwarders Earn FIATA Diplomas as Sector Eyes Global Stage

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) has graduated a new cohort of professionals from the internationally recognised FIATA Diploma Programme, bolstering efforts to strengthen Ethiopia's logistics and freight forwarding sector. EFFSAA President Dawit Wubshet (PhD) said the association has trained more than 495 professionals since launching the programme. He noted that EFFSAA is working with international partners to expand digital learning and introduce o...


Radar

Parliament Backs Italian, French Loans for Reform, Infrastructure

Parliament has ratified two loan agreements worth a combined 124.6 million euros with the governments of Italy and France, approving both proclamations unanimously during its second emergency session of the fifth parliamentary term. The larger agreement secures a 70 million euro loan from Italy to provide direct budget support for the government's economic reform agenda. The concessional financing carries a 30-year repayment period, including a 16-year grace period, with no interest or servic...


Radar

Ethio Re Seeks Capital Reset for Regional Expansion

Ethiopian Re-insurance Share Company (Ethio Re) is seeking a strategic capital adjustment to support its next growth phase as it marks a decade of operations. CEO Netsanet Lemessa said the company's capital has quadrupled over the past ten years but has declined in foreign currency value. Established in 2016 as the country's first indigenous reinsurer, Ethio Re has retained more than 90 million dollars in foreign exchange for the economy. Its assets have grown from 82 million Br to 5.3 billio...