Monthly Archives: April, 2025

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Awash Bank Secures Over $498 Million in Foreign Exchange for Over 2,200 Customers

Awash Bank Secures Over $498 Million in Foreign Exchange for Over 2,200 Customers Amid Ethiopia’s Currency Challenges Addis Ababa, March 27, 2017 (FM C) —...

Ethiopia Secures Debt Restructuring Deal, Extends Payment Deadlines

Ethiopia’s official creditors are nearing the completion of a debt restructuring agreement that will extend payment deadlines, but will not involve any reduction of...

Commercial Bank of Ethiopia Disburses $122.5 Million to Customers to Support Import Trade

Addis Ababa, March 26, 2017 – The Commercial Bank of Ethiopia (CBE) has announced the disbursement of $122.5 million in foreign exchange to its...

The 2025 Billionaires Breakdown: Tech Titans, Finance Moguls, and the Sectors Shaping Global Wealth

The 2025 Forbes World’s Billionaires List, published on April 1, 2025, provides a comprehensive overview of global wealth, identifying 3,028 billionaires with a collective...

Ethiopian Airlines Expands Global Reach with the Launch of Macao Cargo Route

Ethiopian Airlines, Africa’s leading airline and a key player in global air transportation, has announced the launch of its new cargo route to Macao....

Chapa Enabled Millions of Ethiopians to pay and receive their National ID seamlessly in less than a year.

Addis Ababa, Ethiopia – April 3, 2025 Ethiopian fintech company Chapa partnered with the Ethiopian Postal Service and the National ID (Fayda) platform, marking a...