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Ethiopia’s Securities Exchange Set to Begin Official Trading This Week
Ethiopia’s much-anticipated Securities Exchange (ESX) is poised to launch full-scale trading next week, marking a watershed moment in the country’s financial modernization journey. This...
Contesting the Politics of Statistics in Ethiopia
By Eyob Asfaw
On July 3, 2025, PM Abiy addressed the House of Peoples’ Representatives, where he shared his quantitative figures quite liberally. The question...
Awash Bank Posts Record 22 Billion Birr Annual Profit, Signaling Strength Amid Economic Reforms
Awash Bank, one of Ethiopia’s largest private banks, has reported a record-breaking annual profit before tax of over 22 billion birr for the 2024/25...
CBE Achieves Historic ETB 1.69 Trillion in Total Deposits, Fueling Confidence in Ethiopia’s Banking Sector
The Commercial Bank of Ethiopia (CBE), the country's largest state-owned bank, announced on Tuesday that it has reached a record-breaking ETB 1.69 trillion in...
Ethiopian Parliament Approves Proclamation Granting Foreigners the Right to Own Immovable Property
Addis Ababa, June 24, 2017— Ethiopia’s House of People’s Representatives has formally approved a new proclamation granting foreign nationals the right to own immovable...
Safaricom Ethiopia’s Active Customer Base Surpasses 10 Million
Addis Ababa, June 24, 2017 — Safaricom Ethiopia has announced that its 90-day active subscriber base has reached 10 million customers nationwide, marking...