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…
Category: Market
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…
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…
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…
Adey Ababa Stadium to Be Fully Completed with 19 Billion Birr Investment
Addis Ababa – March 31, 2025 In a groundbreaking development for Ethiopia’s sports infrastructure, the Ministry of Culture…
Foreign Banks Can Now Enter Ethiopia—But It’ll Cost 5 Billion Birr
Foreign Banks Welcome, But on Strict Terms: Ethiopia’s Central Bank Issues Landmark Directive Reshaping Banking Sector Addis Ababa,…
Ethiopia’s Koysha Hydropower Dam Reaches 65% Completion
Ethiopia’s bold push toward energy self-sufficiency and regional power exportation continues with major progress on the Koysha Hydropower…
Ethiopian Airlines Partners with Archer Aviation to Launch Electric Air Taxi Network in Africa
ADDIS ABABA, March 27, 2025 — Ethiopian Airlines, Africa’s largest carrier and a Star Alliance member, has entered…
Commercial Bank of Ethiopia Launches MasterCard Payment System to Boost Digital Transaction
In a significant step toward enhancing the country’s digital financial infrastructure, the Commercial Bank of Ethiopia (CBE) has…
MIDROC Ethiopia Expands Fleet with New Modern Aircraft
Addis Ababa, Ethiopia – March 24, 2025 MIDROC Ethiopia has added a new modern aircraft to its fleet,…
