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

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. The institution has anchored key...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...