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

Development finance is not charity. It’s market-making. It de-risks new ventures, builds trust, and draws in private investors. Africa’s future unicorns will come not just from venture bets.

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.

A year after floating Ethiopia’s exchange rate, Central Bank Governor Mamo Mihretu steps down. His tenure was brief, his reforms unfinished, and Ethiopia's economy questionably transformed.

Addis court orders Purpose Black Ethiopia to refund home buyers, with interest & costs. Relief for some, but many more await.

Ethiopia will host the 4th African Startup Ecosystem Builders Summit (ASEB 2025) this November, planning to draw over 2,000 participants and recognize builders across 35 award categories.