CBE’s Aborted Logo Overhaul: Branding Missteps, Public Sentiment, and Questions of Governance
The Commercial Bank of Ethiopia (CBE) — the nation’s largest and oldest bank — recently halted a highly publicized and costly rebranding initiative after...
Ethiopian BPO on the Rise: But Can the Internet Keep Pace?
Ethiopia’s business process outsourcing (BPO) sector is expanding rapidly, with market revenue forecast to reach $489.9 million in 2025 and grow at an annual...
AfDB to Lead $7.8 Billion Funding Drive for Africa’s Largest Airport in Bishoftu, Ethiopia
The African Development Bank Group (AfDB) has been officially tasked with mobilizing the $7.8 billion in financing needed for the construction of the Bishoftu...
Ethiopian Electric Power Reports Record 75.4 Billion Birr Revenue as GERD Powers Energy Boom
Addis Ababa, August 1, 2025 (FMC) — The Ethiopian Electric Power (EEP) has reported a historic 75.4 billion birr (~$1.3 billion USD) in revenue...
National Bank of Ethiopia: $500M Monthly Forex Flow Now Available Through Banks
Addis Ababa, July 30, 2025 (FMC) — The Governor of the National Bank of Ethiopia (NBE), Ato Mamo Mehretu, has called on the business...
National Bank of Ethiopia Issues Stern Warning to Illegal Money Transmitters Operating in UAE
Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has issued a strong warning against unauthorized money transmitters operating from the United Arab...
