Commercial Bank of Ethiopia Acquires 1,125 Condominium Units to Address Employee Housing Shortage
The Commercial Bank of Ethiopia (CBE) has purchased 1,125 newly built condominium units from the Addis Ababa City Administration, marking one of the largest...
NBE Launches Central Securities Depository and ‘Ts’ega’ Investor Portal
ADDIS ABABA – In a move set to fundamentally reshape Ethiopia’s financial landscape, the National Bank of Ethiopia (NBE) has officially launched the nation's...
Awash Bank Reports Record 25.67 Billion Birr Gross Profit
Awash Bank has posted the highest profit ever recorded by a private bank in Ethiopia, reporting a gross profit of 25.67 billion Birr for...
Ethiopia’s Central Bank Sets USD 520 Million FX Auction Plan Through March 2026
Addis Ababa — November 20, 2025 — The National Bank of Ethiopia (NBE) has unveiled a detailed bi-weekly foreign exchange (FX) auction schedule for...
Ethiopia Adds Fourth Investment Bank as ECMA Licenses Awash Capital S.C.
Regulator pushes momentum in nascent capital market with 13 CMSPs now approved
The Ethiopian Capital Market Authority (ECMA) has issued a Capital Market Service Provider...
Chapa Powers Ethiopia’s First Health SuperApp: Teninete Goes Live with Seamless Digital Payments
In just a couple of years, Chapa has become known nationwide for its speed, innovation, and frictionless digital payment infrastructure, an engine powering some...