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




UAE Provides Refugee Children with Food Packages

May 16 , 2020


[ssba-buttons]

The Embassy of the United Arab Emirates (UAE) in Addis Abeba donated 100 food packages to refugee children that Ethiopia is hosting from Sudan, Somalia, Eritrea and South Sudan. Each food package contains 10kg of flour, five kilograms of rice, five litres of cooking oil, and one kilogram of dates. The donation was given to the children and their caregivers at a ceremony held on May 15, 2020, at the compound of Jesuit Refugee Service (JRS) in Janmeda. Out of the nearly 11,000 refugee children in Addis Abeba, 1,234 are unaccompanied and separated children. JRS and the United Nations High Commissioner for Refugees (UNHCR) placed 122 of them under foster and kinship family care. The children were selected from among 122 children who either came alone or were separated during the flight and are now placed under foster care arrangements by UNHCR and JRS. Wafa Alkatheeri, representing the UAE Embassy, was joined by officials from UNHCR, the Agency for Refugees and Returnees Affairs (ARRA) and JRS. At the end of April 2020, Ethiopia hosted 761,891 refugees from different countries, and 27,492 of them reside in the capital.


Radar

Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


Radar

Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


Radar

Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...