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ESX Equity Market surpasses 1Billion Birr; A New Company is Set to Join the Market Next Week
The Ethiopian Securities Exchange (ESX) has achieved a new historic milestone by pushing its weekly equity trading volume past 1 billion birr for the first time, a feat stated to reflect the growing participation and confidence of investors in the country’s capital market. ESX Chief Executive Offi...
Addis Ababa City’s Budget Proposal for the Upcoming Year Tops Half a Trillion Birr, Showing a 43% Increase from Last Year
The Cabinet of the Addis Ababa City Administration, in its 5th year 12th regular meeting, has approved the city’s draft budget of 502.27 billion birr (over half a trillion birr) for the 2026/27 fiscal year and directed it to the City Council. This proposed budget shows a significant increase of 15...
Addis Ababa Gets Another EV Charging Station
Ethiopian Electric Utility this week inaugurated electric vehicles (EV) fast-charging station in Addis Ababa that can charge 24 vehicles at the same time. According to the Utility’s Chief Executive Officer, Engineer Getu Geremew, large charging stations are being built to expand options for users....
Addis Ababa Gets Another EV Charging Station
Ethiopian Electric Utility this week inaugurated electric vehicles (EV) fast-charging station in Addis Ababa that can charge 24 vehicles at the same time. According to the Utility’s Chief Executive Officer, Engineer Getu Geremew, large charging stations are being built to expand options for users....
Arifpay Acquires Four Tech and Financial Firms to Broaden Market Reach
Arifpay, one of the leading digital payment options in Ethiopia’s financial technology sector, has announced the acquisition of four financial and technology firms as part of a aggressive strategy to broaden its market reach. The announcement came alongside impressive growth figures, with the ...
Rice Production in Ethiopia Rose to 62.9 Million Quintals From Less than 2 Million, says Minister
The State Minister for the Crop and Horticulture Development Sector at the Ministry of Agriculture of Ethiopia, Desalegn Teshale, said rice production of the country has increased from 1.8 million quintals in 2019/20 to 62.9 million quintals in 2024/25. He made the remark at a discussions the Minist...
Rice Production in Ethiopia Rose to 62.9 Million Quintals From Less than 2 Million, says Minister
The State Minister for the Crop and Horticulture Development Sector at the Ministry of Agriculture of Ethiopia, Desalegn Teshale, said rice production of the country has increased from 1.8 million quintals in 2019/20 to 62.9 million quintals in 2024/25. He made the remark at a discussions the Minist...
Cotton Production in Ethiopia’s Welkait Tegede Setit Humera
The Welkait Tegede Setit Humera Zone is one of the areas in the Amhara Region of Ethiopia known as the “Land of White Gold” due to its extensive cotton production. The zone is widely recognized for large-scale cotton cultivation. The ongoing cotton development activities are making a significant...
Cotton Production in Ethiopia’s Welkait Tegede Setit Humera
The Welkait Tegede Setit Humera Zone is one of the areas in the Amhara Region of Ethiopia known as the “Land of White Gold” due to its extensive cotton production. The zone is widely recognized for large-scale cotton cultivation. The ongoing cotton development activities are making a significant...
When Africa hosts the world: Ethiopia’s COP32 and the partnership shaping it
When Ethiopia secured the unanimous endorsement of the African Group of Negotiators to host the 32nd UN Climate Change Conference in 2027, it was more than a diplomatic win; it was a statement about where the country, and arguably the continent, now stands. For Ethiopia, the decision signals credibi...
United Capital, the First Foreign Investment Bank in Ethiopia, Acquires 5% Stake in NGX
United Capital Group, which recently made history by entering Ethiopia’s financial sector as the country’s first foreign investment bank, has announced the acquisition of a 5 percent equity stake in the Nigerian Exchange Group (NGX Plc), a leading institution at the heart of Nigeria̵...
How Startups Can Compete with Big Brands Using Smart Social Media Growth Tactics
Corporate giants dominate modern marketing with massive budgets. Emerging companies often struggle to secure online visibility when facing these massive advertising funds. However, digital spaces provide a balanced environment where agility outweighs large spending. Smaller enterprises can capture m...
Why Some TikTok Videos Explode Overnight (And How You Can Replicate It)
The mechanics behind digital discoverability on short video platforms rely heavily on viewer retention signals. Many content creators wonder how an account with minimal followers can suddenly secure millions of views within a few hours. The answer lies in structural optimization and understanding mo...
JUNTU Technologies Partners with Chery Group to Debut OMODA and JAECOO EVs in Ethiopia
JUNTU Technologies Trading PLC has officially inaugurated and commenced operations at its state-of-the-art vehicle showroom and after-sales service center built for the OMODA and JAECOO brands in Addis Ababa. Located in the Nifas Silk Lafto sub-city, this massive facility marks the formal entry of t...
Ethiopia Amhara Region Collected 9.1 Billion Birr Tax Revenue
Ethiopia’s Amhara Region Revenue Bureau, which planned to collect a total of 100.3 billion birr from regular revenue and urban service during the 2018 fiscal year (started July8, 2025), has secured 69.1 billion Birr. As of June 11, 2026, the Bureau has achieved 81.4 percent, from regular reven...
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