Ethiopia Opens Financial Sector to Foreign Banks

Some members of parliament have raised concerns over the feasibility of opening the banking sector to foreign banks amid prevailing constraints.

Ethiopian Investors in Pharmaceutical, Real Estate, Manufacturing Demand Exemptions from Pending Property Tax

The highest property tax rates will be placed on owners who have failed to develop their land despite an extended period with rights to it.

To Ride or Not to Ride? How Ethiopia’s Taxi Hailing Industry Falls Short Protecting Female Passengers

Reports of female passengers experiencing harassment while using taxi hailing services is becoming all too common in Addis Ababa. Women rights groups are jointly calling for a zero-tolerance policy.

European Investors Voice Concerns Over Birr Crunch

As Ethiopia's FX reserves signal an increase following a transition to a market based exchange regime policy, investors are struggling to source local currency.

Hidden Horror: How Ethiopia’s Digital Underground Revenge Porn Industry Preys on Young Women

A six-month-long investigation by Shega has uncovered over a dozen Telegram channels profiting from leaked images and videos of Ethiopian women.

Call for Entries: The Earthshot Prize 2025 – Seeking Groundbreaking Solutions to Restore Our Planet

The Earthshot Prize (TEP) is officially open for entries for its 2025 cohort and MultiChoice is proud to once again be an official Africa nominator for TEP.

Side Hustles Take Root Across Ethiopian Universities

Many university students in lecture halls, dorm rooms, and libraries aren’t just immersed in textbooks—they’re also trying to find extra work.

Desperate Times See Addis Ababa’s Residents Move into Semi-Finished Condominiums

At first, most homeowners were just looking for someone to occupy the apartments. However, persistent demand for the semi-finished condominiums has pushed rent prices up.