Ethiopia has earmarked 542.1 billion birr (3.4 billion US dollars) for debt servicing in its 2026/27 draft federal budget, underscoring how repayment obligations are taking up an increasingly large share of public spending as the government advances a record 2.3 trillion birr fiscal proposal. The allocation was presented to the House of Peoples’ Representatives by […]

The Addis Ababa Drivers and Vehicles Licensing and Control Authority has begun issuing Ethiopia’s new standardised vehicle plates, bringing the country’s long-planned registration overhaul from policy into the streets of the capital. The authority launched the rollout on Thursday across its 11 branches after briefing reporters at its headquarters in Addis Ababa. Zegeye Belayneh, director-general […]

Ethiopia’s sudden rise as a solar photovoltaic cell exporter has drawn scrutiny from US manufacturers, raising questions over whether the country’s emerging renewable-energy manufacturing base is being used to bypass American tariffs on Chinese-linked solar components. According to a report by fDi Intelligence, citing Customs Commission’s statistics through Trade Data Monitor, Ethiopia exported 99.2 million […]

United Nations International Children’s Emergency Fund (UNICEF) has warned that Ethiopia’s humanitarian response is facing a funding gap of 326,957,420 US dollars, raising concerns over the continuity of essential services as conflict, refugee inflows, climate shocks and rising operational costs continue to strain aid delivery, according to its Ethiopia Humanitarian Situation Report covering March and […]

Ethiopia and China have signed a five‑year agreement to incorporate the Chinese language into Ethiopia’s national education system. The agreement was formalized by Ethiopia’s State Minister of Education, Professor Kindeya Gebrehiwot, and China’s Ambassador to Ethiopia, Qin Hai, during a ceremony in Addis Ababa. It marks the latest step in the countries’ growing educational and […]

Ethiopia should be one of Africa’s most compelling e-commerce stories. It has a large young population, expanding mobile connectivity, a growing urban consumer class, a government eager to digitise the economy, and mobile-money platforms that have already reached tens of millions of users. The country now has 93.2 million active mobile connections, 29.5 million internet […]

PDS Health, a US-based integrated healthcare support services provider, said it has raised more than 2 million US dollars through its annual campaign for charity: water, with proceeds directed toward clean water systems in Ethiopia expected to benefit more than 50,000 people. The fundraising effort was driven through its consumer brand Smile Generation and a […]

Eyob Tekalign (PhD), the eleventh governor of the National Bank of Ethiopia, has called on domestic lenders to bolster their balance sheets and modernise operations as the country moves towards opening its banking sector to foreign competition. The governor told bank executives, seated before him at the closing ceremony of Dashen Bank’s 30th anniversary, that […]