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Tuesday, May 12, 2026

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Several defendants accused of involvement in an alleged 1.9 billion Birr fintech investment fraud have been granted bail by the Lideta Division of the Federal High Court, while remaining under a travel ban pending further investigation. The defendants, which include well-known public figures and social media influencers, stand accused of...

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Ethiopia Accuses Sudanese Military of Backing TPLF, Territorial Violations

The federal government has accused the Sudanese Armed Forces (SAF) and Sudan’s military government of providing support to “TPLF mercenaries” and violating Ethiopia’s territorial...

Independent Regulator Finally on the Table in Milestone Insurance Proclamation

- Insurance to follow banking in government’s liberalization campaign Experts at the National Bank of Ethiopia (NBE) have finalized a draft proclamation that proposes to...

Matiyas Getachew Appointed to Lead Dashen Breweries

Dashen Breweries SC has announced the appointment of Matiyas Getachew as its new Chief Executive Officer. His appointment represents a significant transition in industry leadership,...
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Daily Diesel Supply Restored to Pre-Crisis Levels: Finance Ministry

Officials at the Ministry of Finance say the country's supply of diesel has been restored to nine million liters a day after slashing the...

Restitution, Global Governance on Agenda at Inaugural Africa-France Summit in Nairobi

French President Emmanuel Macron will travel to Nairobi, Kenya, to attend France’s first summit with English-speaking African countries, scheduled for 11–12 May 2026 under...

Ethiopia Pushes for Climate Finance as CIF Launches New Resilience Program

Ethiopia is ramping up efforts to secure climate finance and advance green development as global partners unveil a new resilience investment program at the...
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Officials Keen on Expanding South Korean Investment, Trade

Ethiopian officials are looking to strengthen cooperation with South Korea, inviting aid and investment in key initiatives like the construction of the airport and...

NEBE Reports 50.5 Million Voters Registered Amid Election Strains

Ethiopia’s National Election Board has announced that more than 50 million citizens have registered to vote in the country’s upcoming national election, as officials...

Italy Commits €25mln to Ethiopia Under Mattei Plan

Italy has committed 25 million euros to Ethiopia under its Mattei Plan to support job creation, economic growth, and sustainable development, as Italian companies expand their...
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Amnesty Flags Evictions, Arrests, and Delays in Justice in Ethiopia

Amnesty International has raised concerns over a range of human rights issues in Ethiopia, citing forced evictions, restrictions on civic space, and a lack...

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