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Ethiopian Electric Power Announces Tariff Hike for Crypto Mining Operations
Addis Ababa, Ethiopia – October 29, 2025Ethiopian Electric Power (EEP) has issued an official notification to all data mining customers in Addis Ababa, confirming...
Ethiopia’s National Switch Records Strong Growth, Posts 1.42 Billion Birr Profit Before Tax
Addis Ababa, October 18, 2025 — Ethiopia’s national payment switch operator, EthSwitch S.A., has announced robust financial results for the last fiscal year, underscoring...
Ethiopian Electric Power Posts 26.8 Billion Birr Revenue in Q1
Ethiopian Electric Power (EEP) reported a robust 26.8 billion birr in revenue from electricity sales during the first quarter of the current fiscal year,...
Ethiopia Eyes Double-Digit Growth as Abiy Hails Economic Reform Success
Addis Ababa, October 28, 2025 — Prime Minister Abiy Ahmed (PhD) has announced that Ethiopia’s economy is on track to achieve double-digit growth this...
Ethiopia’s Economic Milestone: Exporting More Goods Than Services for the First Time
On October 18, 2018, Prime Minister Dr. Abiy Ahmed announced a historic achievement for Ethiopia: for the first time, the country earned more from...
Nib Bank Reports 2.9 Billion Birr Loss Following FX Market Unification Policy
Addis Ababa – Nib International Bank S.C. has reported a significant pre-tax loss of 2.9 billion birr for the fiscal year ended 2017, marking...