From Kenya to Ethiopia: M-PESA Enhances Mobile Money Transactions
M-PESA Kenya has extended its mobile money services to Ethiopia, enabling seamless transactions between the two countries via M-PESA Global. This initiative is designed...
Ethiotelecom’s 10% Public Share Sale: A Turning Point for Ethiopia’s Telecom Market
Ethiotelecom, Ethiopia's state-owned telecommunications giant, has announced plans to begin selling 10 percent of its shares to the public. This marks a historic moment...
Commercial Bank of Ethiopia Allocates Over USD 282 Million in Foreign Exchange After Major Reform
Commercial Bank of Ethiopia Allocates Over USD 282 Million in Foreign Exchange After Major ReformAddis Ababa, Ethiopia — July 22, 2016Following the National Bank...
Proposed Bill Enforces 80% Completion Requirement for Real Estate Sales
Real estate developers who sell houses before construction begins must deposit the money they collect in a closed bank account. They are also prohibited...
Ethio Telecom Hikes International Call Rates by 658% Amid Rising Costs
Ethiopia’s state-owned telecom provider, Ethio Telecom, has announced a significant tariff increase across its services, citing rising operational expenses due to the country’s new...
National Bank of Ethiopia Allocates $175 Million to Support Foreign Exchange Market
Addis Ababa, October 3, 2024 – The National Bank of Ethiopia (NBE) has announced a major allocation of $175 million to the foreign exchange...
