Addis Ababa to host Africa Forum on Refugee Economic Inclusion↗
By Samuel Abate Addis Ababa will host the fourth Africa Private Sector Forum on Displacement from November 16 to 18, bringing together business leaders, government officials, investors and representatives of displaced communities to…
Hibret insurance premiums surge 24% to 3.42 Billion birr↗
Hibret Insurance Company S.C. has announced a 14.5 percent increase in net profit after tax to 965.32 million birr for the 2025/26 fiscal year, despite facing a sharp tax increase that weighed on overall earnings and diluted earnings per…
Ethiopia sole African candidate for ICAO Council↗
Ethiopia is the only African candidate seeking membership in the International Civil Aviation Organization’s Council, according to the Ministry of Foreign Affairs. The ministry said the bid reflects Ethiopia’s longstanding contribution to…
Concern for Integrated Development (CFID)↗
VACANCY ANNOUNCEMENT Concern for Integrated Development (CFID) non-profit civil society organization invites qualified and experienced Ethiopian professionals to apply for the following positions under the project: 1. Project Officer Duty…
Hibret Insurance↗
ለተከበራችሁ የሕብረት ኢንሹራንስ አ.ማ. ባለአክሲዮኖች፤ የ32ኛ መደበኛ እና 16ኛ አስቸኳይ ጠቅላላ ጉባዔዎች የስብሰባ ጥሪ በኢትዮጵያ የንግድ ሕግ አዋጅ ቁጥር 1243/2013 አንቀጽ 366(1)፣ 367(1)፣ 370፣371 እና 372 እንዲሁም በአክሲዮን ማኅበሩ በተሻሻለው የመመሥረቻ ጽሑፍ አንቀጽ 18 መሠረት፣ የሕብረት ኢንሹራንስ አ.ማ. የባለአክሲዮኖች 32ኛ ዓመታዊ መደበኛ…
UNHCR Representation in Ethiopia↗
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Suppliers to participate in the following tenders: SN Tender Subject Closing Date 1…
Dashen Bank, EIB sign €20 million financing deal to unlock long-term credit for SMEs↗
EIB Global, the financial arm of the European Investment Bank, has signed a €20 million financing facility with Dashen Bank to expand long-term credit access for Ethiopian small and medium-sized enterprises (SMEs). The agreement…
50,000 Ethiopian refugees flood Kenyan border town as intercommunal violence flares↗
An estimated 50,000 people have fled renewed intercommunal violence in southern Ethiopia and crossed into northern Kenya, triggering an escalating humanitarian crisis in Moyale, where displaced families urgently need food, clean water,…
Belayneh Kinde, Jamal Ahmed lawsuit withdrawn as sector associations council prepares for re-election↗
A legal case challenging the election of the Ethiopian Sectoral Associations Council’s leadership has been withdrawn following an agreement with the Ministry of Industry to pave the way for a new election, according to the plaintiffs. The…
Nyala insurance unveils the “NISCO Reimagined” strategy as it celebrates its 30th anniversary↗
Nyala Insurance Company S.C. has reported total assets exceeding 7 billion Birr and paid-up capital of more than 2 billion Birr as it marks its 30th anniversary and launches a rebranding initiative aimed at strengthening its…
Ethiopia’s OTC market targets 8 securities outside main listing requirements↗
Ethiopia’s securities market is preparing to accommodate eight securities through an over-the-counter (OTC) market, offering an alternative trading platform for companies that do not meet the Ethiopian Securities Exchange’s (ESX) main…
Dashen Air Pay service officially goes operational to bridge the gap between businesses and customers↗
Dashen Bank has officially launched a revolutionary new digital payment solution named “Dashen Air Pay.” Aimed at transforming everyday commercial interactions, the newly introduced service integrates seamlessly into the popular Dashen…
BitFuFu evaluates terminating $4.1M Ethiopian bitcoin mining deal amid power dispute↗
Nasdaq-listed Bitcoin mining operator BitFuFu Inc. is reassessing its planned acquisition of an 80-megawatt (MW) mining facility in Ethiopia. The deal has stalled following a financial and operational dispute between the local target…
Ethiopia targets 4.4 million off-grid connections under new electrification plan↗
Ethiopia has officially launched its National Electrification Program 3.0 (NEP 3.0), a strategic national framework aimed at expanding electricity access, improving service reliability, and harnessing power more effectively to support…
Weighted average dollar rate falls to 159.70 birr in NBE latest auction↗
Ethiopia’s weighted average exchange rate for successful bids in the foreign exchange auction fell to 159.70 birr per US dollar in the latest round conducted by the National Bank of Ethiopia (NBE), down from 160.10 birr in the previous…
Ethiopia’s Electrification Progress Outpaces Its Enabling Conditions↗
Ethiopia’s deployment of electrification is running ahead of the country’s policy and infrastructure enabling conditions, driven by abundant low-cost hydropower and rapid adoption of electric vehicles, according to the first…
Deadly Moyale border clashes displace over 14,000 in Southern Ethiopia↗
Clashes in the border town of Moyale have displaced more than 14,000 people and killed at least nine others, as violence between forces associated with Ethiopia’s Oromia and Somali regional administrations spreads to additional districts…
Ethiopia’s growth outlook strong, but businesses face currency and execution risks↗
Ethiopia is projected to post one of Africa’s strongest growth rates this year, but a new business report warns that inflation, foreign-exchange access, logistics and uneven security conditions could still determine whether investors…
Ethiopia ranked “Not Free” in freedom house’s 2026 report with a dismal score of 30↗
Ethiopia remains categorized as “Not Free” in the latest Freedom on the Net 2026 report by Freedom House, reflecting ongoing concerns over prolonged internet disruptions, restrictions on digital expression, and systemic barriers to online…
Ethiopia seeks better logistics ranking ahead of 2027 FIATA Congress↗
Ethiopia is seeking to improve its logistics performance and international competitiveness as it prepares to host the 101st FIATA World Congress in October 2027, according to the Ethiopian Freight Forwarders and Shipping Agents Association…
Ethiopia’s collective investment schemes↗
Pooling Birr, Sharing Growth: What the New Collective Investment Schemes Directive Means for Ethiopia Ethiopia now has the legal framework for mutual funds, money market funds, real estate funds and ETFs. The tools are new to us, but not…
Mastercard deploys AI, Tokenization to strengthen digital payment security↗
Global payments technology company Mastercard is deploying artificial intelligence (AI) and tokenization technologies to strengthen security across Ethiopia’s rapidly expanding digital financial ecosystem. As Ethiopia expands digital…
Public enterprise reform or infringement on workers’ rights?↗
The need to enhance performance, ensure fiscal accountability, and drive productivity across Ethiopia’s State-Owned Enterprises (SOEs) is beyond dispute. Ill-structured incentive systems can reward longevity over merit, obscure operational…
Africa’s statistics and geospatial leaders meet in Addis Ababa to make data count for development↗
The tenth session of the Statistical Commission for Africa (StatCom-Africa) officially opened today at the United Nations Conference Centre in Addis Ababa, bringing together heads of national statistical offices, geospatial agencies,…
Tender Notice↗
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Suppliers to participate in the following tender: SN Tender Subject Closing Date 1…
NATIONAL OPEN TENDER NOTICE↗
FOR THE GUENETE LEUL PALACE ETHNOGRAPHIC MUSEUM RESTORATION AND RENOVATION WORK IN ADDIS ABABA UNIVERSITY 1. Background Information : An agreement signed among four parties: Italian Agency for Development Cooperation (AICS): Financial…
Addis Ababa Reassigns Traffic Management Duties Across Three Agencies↗
The Addis Ababa City Administration has redistributed traffic management responsibilities among three municipal institutions following the approval of a new proclamation defining the powers and duties of executive bodies. Under the new…
Dashen Bank, Mastercard, and ShebaMiles launch premium co-branded platinum card↗
Dashen Bank, Mastercard, and Ethiopian Airlines’ ShebaMiles loyalty program have officially launched a new Platinum co-branded Mastercard debit card in Ethiopia. The collaboration integrates digital payments, airline loyalty rewards, and…
Ethiopia Setups lead exposure monitoring as 35% of children face elevated blood leead levels↗
Approximately 35 percent of children in Ethiopia have elevated blood lead levels, prompting urgent calls for stronger public health surveillance, identification of contamination sources, and preventive measures to protect vulnerable…
WHO delivers 71 tonnes of medical supplies to conflict-hit Northern Ethiopia↗
The World Health Organization (WHO) has delivered more than 71 metric tonnes of essential medical supplies to conflict-affected areas of Tigray, Amhara and Afar, as it scales up emergency health operations to address growing humanitarian…