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Capital Ethiopia Jun 20, 2026

70% of Ethiopian households do not purchase toothpaste, new Worldpanel by Numerator data shows

New data from Worldpanel by Numerator suggests that oral hygiene products are not part of the regular shopping habits of many Ethiopian households, with around seven in ten households not purchasing toothpaste in the past year. The findings point to a significant gap in the adoption of one of the mo...
Capital Ethiopia Jun 20, 2026

ECA to host mid-year review to strengthen joint delivery and UN@80 reforms

The Economic Commission for Africa (ECA) is scheduled to hold its Second Quarter Accountability and Programme Performance Review Meeting (APPRM) at the United Nations Conference Centre in Addis Ababa from June 17 to 19. The event, themed “Enhancing Joint Delivery for Improved Results after UN@80 R...
Capital Ethiopia Jun 20, 2026

TPLF Slams U.S. Visa Restrictions as “Imbalanced” and Selective

The Tigray People’s Liberation Front (TPLF) has strongly condemned the visa restrictions imposed on its members by the United States government, denouncing the decision as an “incomplete and imbalanced assessment” that places the entire blame for the region’s instability sole...
Capital Ethiopia Jun 19, 2026

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...
Capital Ethiopia Jun 19, 2026

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...
New Business Ethiopia Jun 19, 2026

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....
New Business Ethiopia Jun 19, 2026

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....
Capital Ethiopia Jun 19, 2026

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 ...
New Business Ethiopia Jun 18, 2026

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...
New Business Ethiopia Jun 18, 2026

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...
New Business Ethiopia Jun 18, 2026

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...
New Business Ethiopia Jun 18, 2026

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...
Capital Ethiopia Jun 16, 2026

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...
Capital Ethiopia Jun 16, 2026

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 Nigeria&#821...
Capital Ethiopia Jun 16, 2026

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...
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