Ethiopia’s Gold Exports Surge 735%, Foreign Currency Inflows Jump 23.3%
The National Bank of Ethiopia (NBE) has announced significant economic changes, with inflation dropping to 15.5% in January…
Category: Market
Telebirr Hits 51.5 Million Users, Facilitating 1.03 Trillion ETB in Transactions
Telebirr Hits 51.5 Million Users, Facilitating 1.03 Trillion ETB in Transaction Ethio Telecom’s financial performance in the first…
EthioTelecom Inaugurates Ultra-Fast Electric Vehicle Charging Station
Addis Ababa, Ethiopia – EthioTelecom has launched an ultra-fast electric vehicle (EV) charging station at the Bole Road…
Addis Ababa Nears Completion of Its First International Convention Center
Addis Ababa, Ethiopia – The capital city is on the verge of completing the construction of the Addis…
Ethiopia E-Mobility Sector on the Upswing
In a significant development for Ethiopia’s burgeoning e-mobility sector, the country’s first Electric Motorbike Owners Association has been…
IMF Managing Director Kristalina Georgieva Arrives in Ethiopia for Official Visit
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has arrived in Addis Ababa for a…
As Digital Banking Rises, Are Ethiopian Banks Cutting Back on Branches?
Paperless banking has become a global trend, with financial institutions transitioning to digital transactions for greater efficiency, security,…
Arat Kilo Plaza Underground Passage and Recreation Area Officially Opens
Addis Ababa, Ethiopia – The Arat Kilo Plaza Underground Passage and Recreation Area has officially been inaugurated and…
Ethiopia and Russia Expand Non-Dollar Trade Amid Potential U.S. Tariffs
Ethiopia has strengthened its economic ties with Russia by reaching a new trade agreement that allows transactions in…
Addis Ababa Revenue Bureau Establishes Quality Assurance Unit for Tax Audits
The Addis Ababa City Administration Revenue Bureau has announced the establishment of a new quality assurance unit to…
