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New Business Ethiopia Jul 23, 2026

South Achefer Covers Over 47,000 Hectares of Land with Seeds

More than 47,000 hectares of land have been covered with various crops during the current Ethiopian 2018/2019 Meher farming season in South Achefer district, North Gojjam Zone in Amhara Region of Ethiopia. This is stated by the district’s Agriculture Office. The head of the office, Mr. Abebe Biyaz...
New Business Ethiopia Jul 23, 2026

Jotun Ethiopia Set to Expand Paint Factory

Jotun Ethiopia, the Norwegian paint manufacturing company, has signed a contract agreement with the Industrial Parks Development Corporation (IPDC) to implement an expansion project in the Bole Lemi Special Economic Zone. The agreement was signed by Fitsum Ketema, Deputy Chief Executive Officer for ...
New Business Ethiopia Jul 23, 2026

Investments in Livestock Sector in Harari Region Impactful, Says Bureau

Harari Regional Agriculture Development Bureau has announced that significant economic results are being achieved through the support provided to investors involved in livestock production. In the Harari Region of Ethiopia, efforts are being carried out not only to create favorable conditions for pr...
New Business Ethiopia Jul 23, 2026

Ethio Telecom Generates 215.8 Billion Birr Revenue

Ethio Telecom generated 215.8 Billion birr revenue says Ethio Telecom CEO Frehiwot Tamiru, who gave a statement today regarding the company’s performance during the 2018 Ethiopian fiscal year. In her statement, she explained that the company carried out various activities to diversify and expand i...
New Business Ethiopia Jul 23, 2026

US Opens American Space in Hawassa University of Ethiopia

U.S. Ambassador Ervin J. Massinga opened a new American Space at Hawassa University this week to connect Sidama Region of Ethiopia with resources to learn about the United States and build mutual understanding. American Space Hawassa is the seventh American Space in Ethiopia, and the first in the so...
New Business Ethiopia Jul 23, 2026

Over Million Visas Issued, Ethiopian Immigration says

The Ethiopian Immigration and Citizenship Service (ICS) announced that it has issued more than 1.04 million visas during the Ethiopian Fiscal Year ended July 7, 2026. The Director General of the Service, Ms. Selamawit Dawit, recalled that three years ago the institution issued only 276,000 visas ann...
Capital Ethiopia Jul 22, 2026

Pitron Launches Digital Solution to Prevent Paper-Based Losses in Ethiopian Financial Cooperatives

Ethiopia’s cooperative financial sector, serving over 25 million citizens through more than 18,000 Savings and Credit Cooperatives (SACCOs) and Microfinance Institutions (MFIs), has long grappled with severe systemic bottlenecks due to its heavy reliance on outdated, paper-based processes. ​Acco...
Capital Ethiopia Jul 21, 2026

Mastercard Foundation announces $500 million AHEFT prize to catalyze higher education across Africa

The Mastercard Foundation has officially launched the Africa Higher Education for Transformation (AHEFT) Prize, establishing a groundbreaking annual recognition backed by a USD 500 million commitment over its first decade. Designed to honor higher education institutions across the continent that are...
Capital Ethiopia Jul 21, 2026

MatterMiner launches localized legal practice platform for African markets

Mkenga Na Namwaka, Incorporated has announced the commercial availability of MatterMiner, a legal practice management platform designed for law firms that want enterprise-grade tools adapted to local jurisdictions, languages, workflows and operating models. The company said the initial rollout will ...
Capital Ethiopia Jul 20, 2026

Official Response and Press Statement of Alemayehu Ketema General Contractor (AKGC) Regarding Reports on the Welmel Irrigation Project and the Chelchel Dam and Irrigation Development Project

Addis Ababa, Ethiopia16 July 2026 Alemayehu Ketema General Contractor (AKGC) has taken note of the recent media reports, initially published by Capital newspaper and subsequently circulated through various media outlets and social media platforms, concerning the Federal Auditor General’s performan...
New Business Ethiopia Jul 20, 2026

Special Economic Zones in Ethiopia Substitute Imports, Says Corporation

The Industrial Parks Development Corporation (IPDC) has announced that import-substitute products worth more than ETB 26.7 billion were produced within the Special Economic Zones (SEZs) and industrial parks under its administration and supplied to the domestic market during the Ethiopian fiscal year...
Capital Ethiopia Jul 19, 2026

Government preparing new vehicle ownership tax

Ethiopia is preparing to establish a formal revenue-sharing system for a new motor vehicle ownership tax that is expected to take effect in the 2027/28 budget year, according to a document obtained by Capital. The Council of Ministers is expected to submit the proposal to the House of Federation by ...
Capital Ethiopia Jul 19, 2026

U.S. Commerce Department Launches Investigation into Solar Imports from Ethiopia

The U.S. Department of Commerce has officially initiated a country-wide investigation into solar cells and modules imported from Ethiopia, amid allegations that the nation is being utilized as a conduit to circumvent long-standing anti-dumping and countervailing duty (AD/CVD) orders against Chinese ...
Capital Ethiopia Jul 19, 2026

Ethiopia’s landmark budget allocations signal sustained commitment to reducing tobacco use

The Campaign for Tobacco-Free Kids applauds the Ethiopian government for two new actions that signal the country’s continued commitment to driving down rates of tobacco use and saving lives. For the first time, Ethiopia and its capital city of Addis Ababa have adopted budgets with dedicated fundin...
Capital Ethiopia Jul 19, 2026

Africa Wants to Make Its Critical Minerals a Lever for Industrialisation and Economic Transformation

African ministers, representatives from continental institutions, the private sector, and development partners have called for Africa’s critical minerals to drive a new era of economic transformation, industrialisation and job creation – especially for young people and women, through value addit...
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