Chapa Enabled Millions of Ethiopians to pay and receive their National ID seamlessly in less than a year.
Addis Ababa, Ethiopia – April 3, 2025
Ethiopian fintech company Chapa partnered with the Ethiopian Postal Service and the National ID (Fayda) platform, marking a...
Commercial Bank of Ethiopia Posts Record 32.6 Billion Birr Profit
Addis Ababa, Ethiopia – April 3, 2025 — The Commercial Bank of Ethiopia (CBE), the nation’s largest state-owned bank, has reported a staggering 32.6...
President Trump Implements 10% Tariffs, Impacting Ethiopia and Other Nations
April 2, 2025
In a bold move to overhaul U.S. trade relations, President Donald Trump announced a comprehensive set of tariffs on April 2, 2025,...
Seven Years of Abiy Ahmed’s Leadership: A Complex Legacy of Hope, Conflict, and Controversy
On April 2, 2018, at just 41 years old, Abiy Ahmed Ali became the Prime Minister of Ethiopia, a country long defined by its...
Saudi Billionaires Reinstated on Forbes List After 8 Years – But Mohammed Al Amoudi Still Left Out
In a surprising yet symbolic development, Forbes has reinstated 15 Saudi billionaires in its 2025 World’s Billionaires List after an eight-year exclusion that began...
National Bank of Ethiopia to Launch Regular Foreign Exchange Auctions
Addis Ababa, March 31, 2025 – The National Bank of Ethiopia (NBE) has announced the launch of a bi-weekly foreign exchange auction system aimed...