NBE Publishes Official List of Licensed Money Transfer Operators
The National Bank of Ethiopia (NBE) has released the official list of financial institutions authorized to provide money remittance and transfer services in the...
Commercial Bank of Ethiopia Unveils ‘CBE Beje,’ a Digital Salary-Backed Savings and Loan Platform
The Commercial Bank of Ethiopia (CBE), the country’s largest financial institution, has launched a new digital savings and loan service branded “CBE Beje”, marking...
Addis Ababa Relaunches Edna Mall–British Embassy Road Project With 1.2 Billion Br Budget
Addis Ababa — The Addis Ababa City Roads Authority (AACRA) has officially relaunched the long-delayed road construction project stretching from Edna Mall to the...
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...
