Eyob Tekalign Appointed as 11th Governor of Ethiopia’s Central Bank

Restoring creditor confidence, stabilizing the economy, tackling the parallel FX market, advancing digital payments, & delivering Ethiopia’s IMF program are immediate priorities for the new governor.

New Mobile Platform Offers Integrated Ambulance Dispatch Service in Addis Ababa

In Addis Ababa, many patients wait over an hour before first aid. A new platform, Le Ambulance (9117), aims to cut deadly delays with centralized ambulance dispatch and GPS tracking.

Samsung’s Most Accessible AI Phone, the Galaxy A26 5G, Arrives in Ethiopia

Galaxy A26 5G users enjoy a smooth and intuitive editing experience, thanks to features like Object Eraser, which allows anyone to effortlessly remove unwanted distractions from their photos.

Only 8.4% of Ethiopian Students Pass University Entrance Exams

Only 8.4% of Ethiopia’s 585,962 exam takers passed the university entrance test. Four years into reforms, the crisis continues despite slight progress.

Ethiopia's Bamboo Labs Expands to Kenya with Eco-Friendly Bikes and Wheelchairs

Bamboo Labs, the Ethiopian social enterprise known for its bamboo bicycles and wheelchairs, is expanding to Kenya. The startup is set to start its preliminary operations in the coming two weeks.

Ethiopia Pilots One-Stop Digital Platform for Paperless Company Registration

The Ministry of Trade has rolled out the Integrated Company Creation Journey (ICCJ), a one-stop platform aimed at paperless company registration.

Transport, Banking and Telecoms Drive Profit Surge at Ethiopia’s State-Owned Enterprises

Ethiopia’s sovereign wealth fund reports 88% jump in pre-tax profit from state-owned enterprises, 262.7B Birr in 2024–25. Transport & banking lead the gains.

Ethiopia Bets on VAT Expansion to Bolster Fragile Finance

Ethiopia widens its tax net: new VAT directive compels mid-sized firms & professionals to register. Reform or revenue squeeze?