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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...
Binance Confirms Talks With Ethiopian Regulators as Website Access Gets Restricted
Over the past three weeks, Ethiopia has quietly restricted access to major global crypto exchange websites — Binance, OKX, and Bybit — in what...
Ethiopia’s Capital Market Expands: ProInvest Capital Becomes 12th Licensed Service Provider
ADDIS ABABA, November 3, 2025 – The Ethiopian Capital Market Authority (ECMA) today announced it has granted a Capital Market Service Provider (CMSP) license...