Ethiopia plays vital role in combating climate change: Ministry

The Ministry of Water and Energy has emphasized that tackling the impacts of climate change demands unified action from all sectors, highlighting Ethiopia’s significant contributions toward global mitigation efforts. Speaking at a pre-summit...

Nigeria records 3rd largest debtor to W’Bank with $18.2bn – Report 

BY SAM OTUONYE Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with outstanding obligations of $18.2 billion as of June 30, 2025. This marked a rise from $16.5 billion in...

Ethiopia to Copy Kenya's Tax Tricks to Increase Revenue

Ethiopia is turning to regional peers such as Kenya to guide its sweeping tax transformation plans as the country grapples with a sharp decline in domestic revenue collection. According to a recent report on Ethiopia’s tax-to-GDP ratio, the...

The Essential Guide to Doing Business in Ethiopia: Risks, Opportunities, and Must-Have Resources

By Andualem Sisay Gessesse – Ethiopia, with its population of over 120 million and one of the fastest-growing economies in Africa, is attracting increasing attention from foreign investors. The country’s strategic location in the Horn of Africa,...

Ethiopian-Canadian advocate honored for...

Markos Z. Tegegn, a prominent charity advocate in Winnipeg’s Ethiopian community, has been honored with one of the Canadian government’s most prestigious awards for his years of dedicated service to those in need, both in Canada and Ethiopia. An...

Ethiopia Ranks 22nd Globally...

Africa Leads in Global Generosity The Charities Aid Foundation’s (CAF) World Giving Report 2025 reveals compelling insights into global philanthropy trends, placing Ethiopia prominently at 22nd in the world for generosity, with its people donating...

Business leaders seek rate cut, power relief to spur exports

KARACHI: Business leaders on Saturday called on the government to create a pro-business environment by cutting interest rates, lowering power tariffs, and supporting export-led growth. Speaking at a joint press conference on the economic roadmap,...

Ethiopia: We Are Here To Resist, Strive and Purge

Resist. Strive. Purge. According to the Ethiopian ruling party’s self-assessment, since it came to power Seven (7) Years Ago, it has brought about tangible changes on Three (3) National Agendas, despite the fact that, over the Last Two (2) Years,...

Over half of Ethiopia’s...

More than 50% of Ethiopia’s adult population remains excluded from formal financial services, posing a significant challenge to the country’s economic development and social inclusion. Millions, particularly rural residents, have no access to...

The horrors of Gukurahundi and complicity of World Bank and IMF

To put it into perspective, Gukurahundi was characterised by inversion of human rights violations, including torture, disappearances, abductions, sexual molestation, rape, ethnic profiling and arbitrary arrests, detainment in concentration camps,...

Is Dubai’s short-term rental market hurting long-term property value?

0 BTME Submit Award 0 BTME Awards 0 Thank You 0 Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud 0 stat 0 test 0 Qatar National Bank 0 Top 100 GCC Companies 2013 0 HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud 0 Programme 0 HRH Prince Alwaleed...

Elevating African Business Education

In a rapidly evolving African business education landscape, the Association of African Business Schools (AABS) plays a critical role in shaping quality, relevance, and impact tailored for the continent’s unique needs. At the forefront of this...

Study recommends VAT withholding extension to private companies

A new study recommends extending VAT withholding responsibilities to private companies, aligning them with the current requirements for public bodies. At the same time, the forthcoming implementation of VAT and excise taxes on fuel is expected to...

PSS launches Ethiopia’s first...

Premier Switch Solutions (PSS), in partnership with global payments leader MasterCard, has unveiled Ethiopia’s first locally verified, world-class online payment verification system, marking a new era in digital payment security for the country....

Ethiopia Records World’s Sharpest Tax-to-GDP Ratio Decline in a Decade

Ethiopia has suffered the sharpest and sustained crumble in tax-to-GDP ratio recorded anywhere in the world over the past decade, a new government-backed study reveals. The joint report by the Ministry of Finance and the Institute for Fiscal...

Ethiopia Omits Advantageous Goods, Services from AfCTA Implementation Regulation

The Council of Ministers has ratified a regulation outlining the concession of duty tariff rates on goods for trade under the African Continental Free Trade Agreement (AfCFTA). The 419-page regulation approved last month appeared in the Negarit...

Ethiopia Requests UN to Extend Landmine Clearance Deadline for Third Time

USD 31mln required for clearing work between 2026-7 Ethiopia has requested the UN to again extend a deadline to clear landmines left strewn by wars old and new, placing people at risk on more than 125 million hectares of land. Ethiopia acceded to...

Envoy speaks at FPCCI’s meeting ‘Pakistan and Ethiopia face many similar challenges’

Ethiopia Moves to Reset Off-Grid Solar Tariffs amid New Global Alliance Deal

Officials at the Ministry of Water and Energy are preparing to set new tariff rates for off-grid solar power in the coming months as the government attempts to strike a balance between investor returns and affordability. The announcement comes on...

Floated Currency Promise Meets Hard Reality

As a demonstration of its firepower, the Central Bank floated 150 million dollars on August 5, with 28 banks bidding at a weighted average of 138 Br. Several commercial banks disclosed their foreign currency disbursements following the auction...