Women made up 32.1 percent of employees across the sector But they held only 14.8 percent of senior management positions,  Women received only about 17 percent of the value of traditional bank loans issued in Ethiopia, despite accounting for nearly a third of active bank accounts, exposing a persistent gap between women’s access to financial […]

The federal government expects to collect nearly 786 billion birr from taxes and duties imposed on imported goods during the 2026/27 fiscal year, making foreign trade the largest source of federal tax revenue. The government’s federal revenue budget shows that foreign trade taxes and duties are projected to contribute 785.9 billion birr, equivalent to about […]

Michu, Ethiopia’s pioneering collateral-free digital lending platform, has disbursed more than 60 billion birr through over 3.2 million loan accounts since its launch less than four years ago, Cooperative Bank of Oromia said. The milestone reflects the rapid expansion of small-ticket digital credit in a financial system where entrepreneurs and micro and small businesses have […]

The Addis Ababa City Administration has introduced a five percent municipal tax on hotel rooms and other lodging services as the capital seeks additional locally generated revenue to finance its rapidly expanding infrastructure and public-service budget. The tax, introduced under Municipal Lodging Tax Regulation No. 204/2026, took effect on July 1 and applies to hotels, […]

The Ethiopian Capital Market Authority has licensed three additional firms to provide investment banking and advisory services, expanding the number of authorised capital-market service providers in the country to 21. The regulator granted an investment-banking licence to PrizeWorth Investment Bank S.C., while BluFin Capital Advisory PLC and Lumina Capital PLC were approved to provide investment […]

Dawit Fireyehun is a regular customer at a local café, where the familiar rhythm of background music has rarely surprised him. Until recently, that is. One day, while engaged in a work discussion, Dawit found himself unconsciously following a song playing in the café. The melody felt familiar, yet he could not identify the artist […]

A US-funded humanitarian programme has restored housing and water access for thousands of people in East Borena Zone, Oromia Region, with the Ethiopian Red Cross Society (ERCS) completing 506 shelters and rebuilding a water supply system in areas affected by drought and insecurity. The East Borena interventions form part of a wider Emergency Response and […]

A new regional initiative will seek to help communities in Ethiopia, Somalia and Djibouti prepare for climate and conflict-related crises before they occur, targeting more than 243,000 vulnerable people through improved early warning and anticipatory action systems. The two-year programme, known as “Institutionalizing Interoperable Multi-Hazard Anticipatory Action” (IMPAACT), was launched by Action Against Hunger (ACF) […]