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




The Netherlands Bestows Ethiopia with 16m

Jul 25 , 2020


[ssba-buttons]

The Ministry of Finance inked a grant agreement with the Netherlands for just under 16 million euros to finance the Kunzila Integrated Landscape Management and WASH projects. The agreement was signed virtually by Minister of Finance Ahmed Shide and Thijs Woudstra, deputy ambassador of the Netherlands in Ethiopia. The project, signed at the end of last week, is expected to improve agricultural productivity for 22,000 people and employ at least 750 youth. The financial and technical support will also give access to clean water for 22,058 rural and 9,529 urban people in Amhara Regional State. The project will be executed by the consortium of the Water & Land Resource Centre of Addis Abeba University and SNV, a Netherlands-based nonprofit organisation. SNV provides technical assistance and programme implementation in agriculture, WASH and energy sectors and is currently active in eight regional states and two city administrations in the country.


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Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa.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