Thursday, January 15, 2026

Zahara Mohammed Elected as New President of Addis Ababa Chamber of Commerce

By Eyasu Zekarias, Photo by Anteneh Aklilu

In a significant development for the Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA), Zahara Mohammed has been elected as the new president following the conclusion of the Chamber’s 18th regular general meeting. This marks a historic moment as Zahara becomes the second female president to lead the council since its establishment in 2018.

The election, held on January 17, 2025, saw Zahara Mohammed secure her position with an impressive 355 votes. She will serve a two-year term, succeeding Mesenbet Shenkute, who has held the presidency for six years. Mesenbet was first elected during the 14th General Assembly in October 2018 and was re-elected in subsequent years. However, at this latest assembly, she stepped down, paving the way for Zahara’s leadership.

Alongside Zahara, Abebe Gurmesa was elected as Vice President, further solidifying the leadership team for the next term. The newly elected board members include Sarah Solomon, Addisu Getaneh, Damte Dagne, Zahara Ahmed, Mesfin Gared, Girumnesh Yimer, Habtamu Hailu, and Aycheluhem Kebede.

This election is particularly noteworthy as it represents a shift towards greater inclusivity within the AACCSA. For the first time, the entire community participated in electing its leadership. Previously, board members were selected by a smaller group of insiders, leading to calls for reform and transparency within the organization. The recent changes come after months of discussions and an audit aimed at addressing internal issues within the Chamber.

Habiba Siraj, Head of the Trade Bureau of the Addis Ababa City Administration, highlighted that there are currently 483,000 licensed traders in Addis Ababa and emphasized the importance of strong organizations to support these traders. Buzena Siraj, Speaker of the House of the Addis Ababa City Administration Council, echoed this sentiment by stressing that a robust private sector is essential for sustaining economic growth.

The AACCSA’s leadership transition is seen as an opportunity for revitalization and reform within Ethiopia’s business community. As Zahara Mohammed takes on her new role, there is hope that her presidency will stimulate positive changes and foster a more dynamic environment for commerce and trade in Addis Ababa and beyond.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia Secures Deal to Restructure Eurobond Notes due 2024

Ethiopia has reached agreement in principle with Ad Hoc...

US to withdraw from dozens of UN, international organisations

United States President Donald Trump has announced that he...

At least 22 Ethiopian migrants killed in ‘horrific’ road crash

At least 22 migrants have been killed and 65...

Intra-African Trade Hits $220.3 Billion, but AfCFTA Rollout Lags

Africa is being urged to speed up implementation of...

China’s Top Diplomat Tours Africa with Focus on Strategic Trade Routes

China's top diplomat began his annual New Year tour...

Abebe Aemro Selassie to Retire as Director of the African Department at the IMF

Kristalina Georgieva, Managing Director of the International Monetary Fund...

Election Board Launches Digital Voter and Candidate Registration System

The National Election Board of Ethiopia (NEBE) has launched...

Global Cooperation Is Showing Resilience in the Face of Geopolitical Headwinds

Global cooperation is proving resilient even as multilateralism continues...
spot_img

Related Articles

Popular Categories

spot_imgspot_img