Al-Amoudi’s Fortune Surges Back to $8B as Preem Battles Energy Market Headwinds
Ethiopia’s Richest Man Rebounds
Ethiopian-born billionaire Mohammed Al-Amoudi has seen his fortune rebound sharply in 2025, climbing to nearly $8 billion after a series of...
Investor Demand Doubles in Ethiopia’s 19.7B ETB Treasury Bill Auction
Addis Ababa – August 29, 2025 – Ethiopia’s latest Treasury Bill (T-bill) auction has shown booming investor interest, with bids coming in at more...
Ethiopia to Ease Bank Lending Cap, Unlocking 1.3 Trillion Birr in Credit
ADDIS ABABA, Ethiopia – August 29, 2025 – Ethiopia is set to lift the long-standing cap on bank lending starting next month, a move...
How Ethiopia’s Economic Future Is Being Anchored in Its Peripheries
For decades, Ethiopia’s economy has been tethered to its central highlands. Addis Ababa’s industrial parks, Oromia’s coffee, and Tigray’s textiles once defined the country’s...
Commercial Bank of Ethiopia Announces New Service Fee Adjustments
Commercial Bank of Ethiopia Announces New Service Fee Adjustments Effective September 28, 2025
ADDIS ABABA – The Commercial Bank of Ethiopia (CBE) has announced another...
Why Dangote Chose Gode: Ethiopia’s $2.5B Fertilizer Gamble
ADDIS ABABA / GODE – Once dismissed as a remote and insecure outpost in Ethiopia’s Somali Region, Gode is now poised to become the...
