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




Trade, Investment in Focus at Pakistan, Africa Expo

Oct 18 , 2025


[ssba-buttons]

The 5th Pakistan–Africa Trade Development Conference (PATDC) and “Made in Pakistan” Exhibition took place at Millennium Hall, bringing together over 100 delegates from African nations including Burundi, Rwanda, South Sudan, Djibouti, Kenya, Nigeria, Tanzania, and Uganda. Organized by the Government of Pakistan, TDAP, and the Embassy of Pakistan in Addis Ababa, the event focused on boosting trade, investment, and collaboration in technology and industry. Ambassador Mian Atif Sharif called Africa “an emerging global power” with 1.4 billion people, a 3.4 trillion dollars GDP, and vast resources, emphasising Pakistan’s commitment to economic and political cooperation. Federal Minister Jam Kamal Khan said 55 Pakistani companies are participating, with over 110  new exhibitors, showcasing sectors from textiles to IT, and engaging in bilateral meetings to expand trade and investment. Officials, including State Minister Yasmin Wohabrebbi and Minister Alemu Sime, highlighted efforts to improve export competitiveness and stressed Africa’s potential as a strategic investment partner.


Radar

Prime Capital Joins ESX, Seeks Securities Dealership Licence

Prime Capital has secured trading membership on the Ethiopian Securities Exchange (ESX) and is pursuing a securities dealership licence to expand its brokerage and investment banking services, according to Head of Business Development and Marketing Fikremarkos. The firm received its trading membership after obtaining an investment banking licence from the Ethiopian Capital Market Authority (ECMA) and meeting all ESX requirements. The licence authorises Prime Capital to execute securities tran...


Radar

Parliament Ratifies Tax Amendment, Assigns PMO to Lead Conciliation, Imposes 10pc Penalty on Late Evidence

The Prime Minister's Office will appoint independent tax conciliators while taxpayers face a 10pc penalty for late evidence under the Federal Tax Administration Amendment ratified by Parliament last week. By shifting the selection of “conciliators” from the tax authority to the PMO, authorities aim to establish a neutral dispute-resolution system to speed up out-of-court settlements. Experts describe the move as a high-stakes reform with notable institutional risks. The legislation, pa...


Radar

ZamZam Bank Registers Shares, Eyes Capital Market Debut

ZamZam Bank has secured approval from the Ethiopian Capital Market Authority (ECMA) to register its shares, becoming the first fully interest-free bank to complete the regulatory process for public trading. The approval covers five million existing shares worth five billion Br and one million bonus shares valued at one billion Br, paving the way for the Bank's future participation in Ethiopia's capital market. ZamZam plans to raise its capital to 15 billion Br and introduce Sharia-compliant i...