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The Ministry of Revenues spent just 16.17 percent of its adjusted first-quarter budget for the tax system sector in the 2025/26 fiscal year, according to a performance audit by the Federal Office of the Federal Auditor General that also identified billions of birr in tax debt considered uncollectible and persistent weaknesses in the country’s tax […]

Arifpay Financial Technologies S.C., Meftihe Microfinance S.C. and MZ Tech have launched a digital lending platform that introduces a social capital-based approach to unsecured lending, allowing individuals and micro and small businesses to access loans without traditional collateral requirements or formal financial records. The platform, named Kisse, offers loans of up to 3 million birr […]

Addis Ababa University (AAU) has been named among five African universities selected as inaugural winners of the Mastercard Foundation’s Africa Higher Education for Transformation (AHEFT) Prize, receiving a 3 million US dollars award to expand initiatives aimed at strengthening research, innovation and education opportunities. The annual prize, launched with a 500 million US dollars commitment […]

Ethiopia and its international partners have opened a multi-purpose support centre in Addis Ababa aimed at helping refugees, asylum seekers and other people on the move access protection services and information before embarking on often dangerous irregular migration routes. The facility, launched on Friday by the UN Refugee Agency (UNHCR), Ethiopia’s Refugees and Returnees Service […]

The Ethiopian Federal Police, in collaboration with Dubai Police of the United Arab Emirates, announced that it has apprehended two dangerous illegal human traffickers, Dawud Teferi Legesse and Desta Tegegn Abegaz, who had been hiding abroad while committing inhumane acts against numerous Ethiopian citizens. The two principal suspects allegedly used various fraudulent methods to illegally […]

Public universities are set to adopt a new competitive appointment system for presidents and vice presidents, allowing experienced executives from outside academia to compete for senior leadership roles as the government moves to overhaul university governance. The Ministry of Education has introduced a new directive requiring the appointment of public higher education leaders through open […]

Ethiopia and its international partners have opened a multi-purpose support centre in Addis Ababa aimed at helping refugees, asylum seekers and other people on the move access protection services and information before embarking on often dangerous irregular migration routes. The facility, launched on Friday by the UN Refugee Agency (UNHCR), Ethiopia’s Refugees and Returnees Service […]

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The Amhara Regional State earned more than USD 726.7 million from the export of pulses, oilseeds, and coffee during the 2018 Ethiopian fiscal year, according to the region’s Trade and Market Development Bureau. The Bureau’s Director of Crop and Industrial Inputs, Lingerew Habesha, said that significant efforts were made throughout the fiscal year to increase […]