Saturday, July 11, 2026

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Kenya Power to Pay 15.5 Cents per kWh in Newly Finalized Ethiopia Energy Deal

The Ethiopian Electric Utility (EEU) has formalized a landmark power supply agreement with the Kenya Power and Lighting Company (KPLC), marking a significant milestone...

Addis Ababa enacts 5% tax on hotel and lodging accommodations

The Addis Ababa City Council has ratified a new revenue-generating regulation tailored to the city’s rapidly expanding hospitality and tourism sector. Under Regulation No. 204/2026,...

MELBET: INTO THE QUARTER-FINALS. Match previews and predictions

We’ll soon find out who the new champion is! The world’s best national teams keep fighting for the legendary trophy. In this article, MELBET...

No Legal Meat Imports from Uganda to Ethiopia, Minister Announces Investigation

The Ethiopian Ministry of Agriculture (MoA) has formally denied issuing import permits for meat products from Uganda. In response to growing concerns over food...

Anbesa Bank shareholders seek urgent meeting with NBE Governor after board election approval revoked

A one third shareholders and the leadership of Anbesa Bank have requested an urgent meeting with National Bank of Ethiopia (NBE) Governor Eyob Tekalign...

Gadaa Bank Partners with Top Investment Firms to Roll Out 1-Million Share Issuance

Gadaa Bank S.C. has officially launched a public offering of one million ordinary shares, leveraging strategic partnerships with Ethiopia’s leading investment firms. Following regulatory...

Central Bank Lending Cap Removal Drives 97% Revenue Surge for Hijra Bank

Hijra Bank, which entered Ethiopia's financial landscape nearly five years ago as a fully interest-free banking institution, has attributed its remarkable success in the...

ESX Welcomes Prime Capital as 8th Trading Member

The Ethiopian Securities Exchange (ESX) has reached a new milestone in enhancing the country's capital market infrastructure. In a ceremony held on the exchange’s...

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