CBE’s 2025 profit reached 38.71 billion birr, newly reported audit shows
Newly reported audited results put CBE’s profit at 38.71 billion birr for the year ended June 30, 2025, supported by an impairment reversal despite foreign-exchange losses.
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Ethiopia presents sorghum value chain as agricultural investment opportunity
Ethiopian officials and partners used an Africa Food Systems Forum session in Kigali to promote investment across sorghum production, processing, trade and agro-industry.
England water-market data exposes gaps in monitoring heavy business use
Data from England’s business water-market operator shows companies use 2.6 billion litres from public supplies each day, while regulators say incomplete reporting complicates drought planning.
Watchdog warns UK food-supply emergency planning remains inadequate
Britain’s National Audit Office says the government must strengthen food-supply contingency planning as climate, disease and cyber risks grow.
Ethiopian envoy says BRICS offers Africa wider finance and technology opportunities
Ethiopia’s envoy to India said BRICS could expand African access to finance, technology transfer and strategic partnerships ahead of the group’s New Delhi summit.
Volkswagen approves plan to cut 100,000 jobs by 2030
Volkswagen’s supervisory board has approved a restructuring that raises planned job reductions to 100,000 and could leave four German plants without guarantees beyond 2030.
Ethiopian Airlines Nears Deal for Up to 10 Boeing Freighters
Ethiopian Airlines is nearing an agreement to acquire as many as 10 long-haul Boeing cargo aircraft, according to a report citing two industry sources.
AGRA Urges More Investment in Women-Led Agribusinesses at Kigali Awards
AGRA called for increased investment in women-led agribusinesses as five entrepreneurs were recognized at the 2026 Women Agripreneurs of the Year Awards in Kigali.