Ethiopia (Addis-Ababa)

Nib Insurance Pre-Tax Profit Rises to 457.9 Million Birr on Strong General Insurance Performance

Nib Insurance Pre-Tax Profit Rises to 457.9 Million Bir...

Birr Metrics, Dec 23, 2025 - 11:02

Nib Insurance Company posted a pre-tax profit of 457.9 million birr for the fisc...

Ministry of Revenues Closes Excise Tax Loophole for Garment Manufacturers

Ministry of Revenues Closes Excise Tax Loophole for Gar...

Birr Metrics, Dec 23, 2025 - 11:02

The Ministry of Revenues has issued a directive clarifying the application of ex...

Ethiopian Airlines Secures 27.8 Bln Birr Financing From Commercial Bank for Employee Homes

Ethiopian Airlines Secures 27.8 Bln Birr Financing From...

Birr Metrics, Dec 23, 2025 - 11:02

Ethiopian Airlines has secured a 27.8 billion birr loan from the Commercial Bank...

Ethiopia and US Sign $1.6 bln Five-Year Health Cooperation Framework

Ethiopia and US Sign $1.6 bln Five-Year Health Cooperat...

Birr Metrics, Dec 23, 2025 - 11:02

Ethiopia and the United States have signed a 1.6 billion US dollars health coope...

Local Rebar Meets Standards, Yet Imports Still Win the Market

Local Rebar Meets Standards, Yet Imports Still Win the ...

Birr Metrics, Dec 23, 2025 - 11:02

On a dusty stretch of Addis Ababa’s construction supply corridor, Zewge Meaza ha...

PM Abiy Ahmed Welcomes Kenyan President William Ruto for Working Visit

PM Abiy Ahmed Welcomes Kenyan President William Ruto fo...

Fana Media Corporation, Dec 23, 2025 - 11:02

Addis Ababa, December 23, 2025 (FMC) — Prime Minister Abiy Ahmed welcomed Kenyan...

Digital Ethiopia 2030 strategy anchored in transparent governance, measurable outcomes – PM Office Advisor

Digital Ethiopia 2030 strategy anchored in transparent ...

Fana Media Corporation, Dec 23, 2025 - 11:02

Addis Ababa, December 23, 2025 (FMC) — Digital Ethiopia 2030 is a people-centere...

PM Abiy, Kenyan President William Ruto Discuss Bilateral Ties and Regional Security

PM Abiy, Kenyan President William Ruto Discuss Bilatera...

Fana Media Corporation, Dec 23, 2025 - 11:02

Addis Ababa, December 23, 2025 (FMC) — Prime Minister Abiy Ahmed held talks at h...

Strategy to ensure 70% of population digitally literate, 80% of gov’t employees skilled by 2030 – Senior Officials

Strategy to ensure 70% of population digitally literate...

Fana Media Corporation, Dec 23, 2025 - 11:02

Addis Ababa, December 23, 2025 (FMC) — Ethiopia’s Digital Ethiopia 2030 Strategy...

Ethiopia and United States Formalize $1.6 Billion Health Cooperation Deal

Ethiopia and United States Formalize $1.6 Billion Healt...

Fana Media Corporation, Dec 23, 2025 - 11:02

Addis Ababa, December 23, 2025 (FMC) — The Federal Democratic Republic of Ethiop...

Beyond the “Static Display”: A Call for Forensic Transparency in Ethiopia’s Investment Leadership

Beyond the “Static Display”: A Call for Forensic Transp...

The Habesha: Ethiopian News, Dec 23, 2025 - 11:02

The Habesha By LJDemissie December 22, 2025 Dedication This series of articles...

Mozambique 2026: Why Investors Are Quietly Re-Assessing Risk in Southern Africa

Mozambique 2026: Why Investors Are Quietly Re-Assessing...

New Business Ethiopia, Dec 23, 2025 - 11:01

Mozambique rarely dominates African investment headlines, yet heading into 2026 ...

Why Chad Matters More for Risk Than Market Size in 2026

Why Chad Matters More for Risk Than Market Size in 2026

New Business Ethiopia, Dec 23, 2025 - 11:01

Chad rarely appears among Africa’s largest or fastest-growing markets, yet it co...

Why Uganda’s Election Cycle Raises Questions Over Political, Regulatory Stability

Why Uganda’s Election Cycle Raises Questions Over Polit...

New Business Ethiopia, Dec 23, 2025 - 11:01

By Adam Baingana – As Uganda approaches a critical election period next month, a...

Yango Group highlights its impact on partners’ income boost

Yango Group highlights its impact on partners’ income b...

New Business Ethiopia, Dec 23, 2025 - 11:01

Yango Group today published its inaugural Impact Report, a comprehensive overvie...

Fed Wants Cuts from Digital Creators

Fed Wants Cuts from Digital Creators

(Addis) Fortune, Dec 23, 2025 - 11:01

Our subscribers to the print edition are entitled to get a bonus in a form of ea...

Digital Payments Push Runs into Cash Power

Digital Payments Push Runs into Cash Power

(Addis) Fortune, Dec 23, 2025 - 11:01

Our subscribers to the print edition are entitled to get a bonus in a form of ea...

Dreams Stumble at Kenticha Mine

Dreams Stumble at Kenticha Mine

(Addis) Fortune, Dec 23, 2025 - 11:01

Our subscribers to the print edition are entitled to get a bonus in a form of ea...

Djibouti Turns the Screw on Ethiopia’s Freight Overhaul

Djibouti Turns the Screw on Ethiopia’s Freight Overhaul

(Addis) Fortune, Dec 23, 2025 - 11:01

Our subscribers to the print edition are entitled to get a bonus in a form of ea...

አሜሪካና ኢትዮጵያ በጤናው ዘርፍ የ1.5 ቢሊዮን ዶላር ስምምነት ተፈራረሙ

አሜሪካና ኢትዮጵያ በጤናው ዘርፍ የ1.5 ቢሊዮን ዶላር ስምምነት ተፈራረሙ

(Addis) Fortune, Dec 23, 2025 - 11:01

የዩናይትድ ስቴትስ መንግሥት በሚቀጥሉት አምስት ዓመታት ውስጥ ለኢትዮጵያ የጤና ዘርፍ ማጠናከሪያ የሚውል የ1.5 ቢሊዮን ዶላር ...

Unused Buildings Now Subject to Full Municipal Tax

Unused Buildings Now Subject to Full Municipal Tax

Birr Metrics, Dec 20, 2025 - 06:25

Ethiopia is introducing a stricter property tax framework that directly targets ...

UAE Launches $1bln AI Fund to Finance Digital Infrastructure Projects Across Africa

UAE Launches $1bln AI Fund to Finance Digital Infrastru...

Birr Metrics, Dec 20, 2025 - 06:25

The United Arab Emirates has announced a one billion US dollars “AI for Developm...

Ethio Telecom Links Industrial Park Manufacturers to Local Market Via Zemen Gebeya

Ethio Telecom Links Industrial Park Manufacturers to Lo...

Birr Metrics, Dec 20, 2025 - 06:25

Ethio telecom has signed an agreement with the Industrial Parks Development Corp...

Enat Bank Posts 834 Million Birr Pre-Tax Profit as Assets and Deposits Surge

Enat Bank Posts 834 Million Birr Pre-Tax Profit as Asse...

Birr Metrics, Dec 20, 2025 - 06:25

Enat Bank reported a pre tax profit of 834 million birr for the fiscal year ende...

Hijra Bank Posts 721 Million Birr Profit as Paid Up Capital Nears Five Billion

Hijra Bank Posts 721 Million Birr Profit as Paid Up Cap...

Birr Metrics, Dec 20, 2025 - 06:25

Hijra Bank, Ethiopia’s second interest free bank, reported a pre tax profit of 7...

PM Abiy Ahmed welcomes President Hassan Sheikh Mohamud of Somalia

PM Abiy Ahmed welcomes President Hassan Sheikh Mohamud ...

Fana Media Corporation, Dec 20, 2025 - 06:25

Addis Ababa, December 19, 2025 (FMC) — Prime Minister Abiy Ahmed today welcomed ...

AFCON 2025 Emerges as Global Football Event Too Big to Ignore

AFCON 2025 Emerges as Global Football Event Too Big to ...

Fana Media Corporation, Dec 20, 2025 - 06:24

Addis Ababa, December 20, 2025 (FMC) — Africa Cup of Nations (AFCON) 2025 has re...

African Leaders Urged to Keep Momentum on Reparations Push

African Leaders Urged to Keep Momentum on Reparations Push

Fana Media Corporation, Dec 20, 2025 - 06:24

Addis Ababa, December 20, 2025(FMC) – A global delegation at the Diaspora Summit...

Somali Region Launches Mesob One-Stop Service, Advancing Digital Public Service Delivery

Somali Region Launches Mesob One-Stop Service, Advancin...

Fana Media Corporation, Dec 20, 2025 - 06:24

Addis Ababa, December 2025 (FMC) – The Somali Region has officially inaugurated ...

Ethio Telecom and IPDC Join Forces to Digitally Link SEZ Products with Domestic Markets

Ethio Telecom and IPDC Join Forces to Digitally Link SE...

Fana Media Corporation, Dec 20, 2025 - 06:24

Addis Ababa, December 2025 (FMC) – Ethio Telecom and the Industrial Parks Develo...

Report Urges US to Restore Funding for Humanitarian Aid in Ethiopia

Report Urges US to Restore Funding for Humanitarian Aid...

New Business Ethiopia, Dec 20, 2025 - 06:24

A new report by Refugees International urged the United States Government to res...

Awash Capital Officially Begins Operations with 200 mln Birr Capital

Awash Capital Officially Begins Operations with 200 mln...

Birr Metrics, Dec 19, 2025 - 05:01

Awash Capital S.C. has officially commenced operations after securing a capital ...

Forecast Ranked Ethiopia Fifth Fastest-Growing Economy, Warned Tigray Peace Fragility and Currency Pressure Threaten Outlook

Forecast Ranked Ethiopia Fifth Fastest-Growing Economy,...

Birr Metrics, Dec 19, 2025 - 05:01

Ethiopia is set to be the world’s fifth fastest-growing economy in 2026, with a ...

Amhara Bank Partners with Wegagen Capital, Files Draft Prospectus with ECMA

Amhara Bank Partners with Wegagen Capital, Files Draft ...

Birr Metrics, Dec 19, 2025 - 05:01

Amhara Bank has partnered with Wegagen Capital and submitted its draft prospectu...

Why Chad Is a High-Consequence Market in 2026

Why Chad Is a High-Consequence Market in 2026

New Business Ethiopia, Dec 19, 2025 - 05:01

Chad rarely features at the center of global investment conversations, yet for a...

CBE Launches Agricultural Credit Scheme For Smallholder Farmers

CBE Launches Agricultural Credit Scheme For Smallholder...

Birr Metrics, Dec 19, 2025 - 02:33

The Commercial Bank of Ethiopia (CBE) has launched a dedicated agricultural cred...

UN Secretary-Geneeal says migration drives progress but risks lives if poorly governed

UN Secretary-Geneeal says migration drives progress but...

Fana Media Corporation, Dec 18, 2025 - 16:53

Addis Ababa, December 18, 2025 (FMC) – United Nations Secretary-General António ...

Ethiopia and Djibouti Pledge to Strengthen Strategic Partnership and Trade Connectivity

Ethiopia and Djibouti Pledge to Strengthen Strategic Pa...

Fana Media Corporation, Dec 18, 2025 - 16:53

Addis Ababa, December 18, 2025 (FMC) – Ethiopia and Djibouti have reaffirmed the...

High-level Ethiopian delegation meets with President of Djibouti to deepen bilateral cooperation

High-level Ethiopian delegation meets with President of...

Fana Media Corporation, Dec 18, 2025 - 16:53

Addis Ababa, December 18, 2025 (FMC) – A high-level Ethiopian delegation led by ...

Intergenerational Transfer of National Values Critical to National Unity – Peace Minister

Intergenerational Transfer of National Values Critical ...

Fana Media Corporation, Dec 18, 2025 - 14:06

Addis Ababa, December 18, 2025 (FMC) — Ethiopia’s Minister of Peace, Mohamed End...

“Migrants’ Dignity Is Our Dignity”: Ethiopia Reiterates Inclusive Migration Policies

“Migrants’ Dignity Is Our Dignity”: Ethiopia Reiterates...

Fana Media Corporation, Dec 18, 2025 - 14:06

Addis Ababa, December 18, 2025 (FMC) – Ethiopia remains steadfast in strengtheni...

Foreign Powers Match in the Red Sea: Sudan, Ethiopia, Eritrea Risk Equation

Foreign Powers Match in the Red Sea: Sudan, Ethiopia, E...

New Business Ethiopia, Dec 18, 2025 - 11:32

As global attention remains fixed on conflicts in Eastern Europe and the Middle ...

Zenith Bank Signals Entry Into Ethiopia’s Opened Financial Sector

Zenith Bank Signals Entry Into Ethiopia’s Opened Financ...

Birr Metrics, Dec 18, 2025 - 08:17

Zenith Bank, one of Africa’s leading financial institutions, has expressed inter...

Family Rift Hits French Beer Giant Behind BGI Ethiopia and Castel Winery

Family Rift Hits French Beer Giant Behind BGI Ethiopia ...

Birr Metrics, Dec 18, 2025 - 05:09

France’s beer and wine conglomerate, Castel Group, is facing internal turmoil as...

Ethiopia Sees Rise in Blocked Airline Funds After Previous Year’s Gains

Ethiopia Sees Rise in Blocked Airline Funds After Previ...

Birr Metrics, Dec 18, 2025 - 05:09

Ethiopia had 54 million US dollar in airline funds blocked from repatriation as ...

Digital Finance Is Expanding — Public Trust Is Not

Digital Finance Is Expanding — Public Trust Is Not

Birr Metrics, Dec 18, 2025 - 03:13

The National Bank of Ethiopia’s Ethiopia Digital Payment Conference (EDPC 2.0), ...

After Exiting Ethiopia and Ghana, Diageo Sells East Africa’s Biggest Brewer to Japan’s Asahi

After Exiting Ethiopia and Ghana, Diageo Sells East Afr...

Birr Metrics, Dec 18, 2025 - 03:13

Diageo has agreed to sell its 65 percent stake in East African Breweries Plc (EA...

Addis Ababa Introduces Taxpayer Privilege Card as Revenue Gaps Persist

Addis Ababa Introduces Taxpayer Privilege Card as Reven...

Birr Metrics, Dec 18, 2025 - 03:13

The Addis Ababa City Administration is set to introduce a special-use “Privilege...

Iran unveils smart agriculture systems cutting water use by 30%

Iran unveils smart agriculture systems cutting water us...

Fana Media Corporation, Dec 18, 2025 - 03:12

Addis Ababa, December 18, 2025 (FMC) – Tehran University has unveiled three inno...

Diplomats from Global South Countries Discuss Humanitarian Cooperation within BRICS

Diplomats from Global South Countries Discuss Humanitar...

Fana Media Corporation, Dec 18, 2025 - 03:12

Addis Ababa, December 18, 2025 (FMC) – Diplomats from BRICS member and partner c...