Addis Fortune Weekly Digest Vol. 25, No. 1291

Welcome to Addis Fortune's digest on critical developments impacting Ethiopia’s business and economic spheres. The financial sector sees both internal struggles, as with the uncertain future of the nascent Geez Bank due to promoter infighting and capital shortfalls, and leadership changes, such as Hibret Bank's appointment of Tsigereda Tesfaye as president. Meanwhile, established institutions like Nib Bank face a year of reckoning after declining performance, prompting strategic realignment. On the trade front, leather exports contend with new minimum pricing regulations intended to boost forex earnings, while the crucial Ethiopia-Djibouti trade corridor suffers from deteriorating infrastructure and cross-border blame games.