Commercial Bank of Ethiopia Unveils ‘CBE Beje,’ a Digital Salary-Backed Savings and Loan Platform
The Commercial Bank of Ethiopia (CBE), the country’s largest financial institution, has launched a new digital savings and loan service branded “CBE Beje”, marking...
Addis Ababa Relaunches Edna Mall–British Embassy Road Project With 1.2 Billion Br Budget
Addis Ababa — The Addis Ababa City Roads Authority (AACRA) has officially relaunched the long-delayed road construction project stretching from Edna Mall to the...
Ethiopia Arrests 112 in Nationwide Crackdown on Illegal Foreign Exchange Networks
Ethiopian intelligence and law-enforcement agencies have launched one of the country’s widest coordinated operations targeting underground foreign currency markets, resulting in the arrest of...
Ethiopia Issues Major Clarifications on Income Tax Amendment: What Businesses Must Know
ADDIS ABABA — The Ministry of Revenues (MoR) and Ministry of Finance (MoF) have jointly issued detailed clarifications on the implementation of Ethiopia’s Income...
M-PESA Ethiopia Posts 175% Surge in Active Users, Expands National Digital Ecosystem
M-PESA Ethiopia has reported exceptional performance over the past six months, marking a 174.8% year-on-year growth with 3.4 million active customers transacting within a...
HD Hyundai’s Sales in Ethiopia Surge 470% as Gold Mining Boom
South Korea’s HD Hyundai Infracore has reported an unprecedented 470 percent jump in equipment sales in Ethiopia this year, reflecting the country’s accelerating mining...