Crisis in Merkato: Fear of Government Crackdown Drives Merchants to Close Shop
Mercato Merchants in Crisis: Fear of Property Seizures Drives Shop ClosuresIn Addis Ababa’s bustling Mercato, a wave of confusion and fear has swept through...
Ethio Telecom and MwareTV Launch IGADO+: A New Affordable, Localized Streaming Service in Ethiopia
MwareTV, a Dutch provider of cloud-based TV platforms, has introduced IGADO+, a new video streaming service specifically developed for the Ethiopian market. In collaboration...
Fitch Upgrades Ethiopia’s Domestic Credit Rating Amid Economic Reforms
In a significant development for Ethiopia’s financial landscape, Fitch Ratings announced an upgrade of the country's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) to...
Ethiopian Airlines Partners with South Sudan to Launch National Carrier
Ethiopian Airlines Takes Bold Step in Regional Aviation by Partnering with South Sudan to Establish National CarrierIn a historic move for regional connectivity and...
Wegagen Bank Celebrates Landmark Birr 9.8 Billion Profit, Outpacing Last Year’s Growth by 40%
Wegagen Bank has achieved record-breaking financial performance for the 2023/24 fiscal year, reporting a net income of Birr 9.8 billion and a gross profit...
Ahadu Bank has announced a pre-tax profit of more than 119 million birr.
At its 3rd Ordinary General Meeting of Shareholders held on October 30, 2017, the chairman of the bank's board of directors, Mr. Anteneh Sebsbe,...
