Ethiopia’s Debt Reaches $68.86 Billion: What’s Next
Ethiopia’s Debt Reaches $68.86 Billion: Insights from the Ministry of Finance Ethiopia’s public debt has reached a total…
Category: Market
IMF Completes Second ECF Review for Ethiopia, Approves US$248 Million Disbursement
The International Monetary Fund (IMF) Executive Board has completed the second review under the Extended Credit Facility (ECF)…
IMF Completes Second ECF Review for Ethiopia, Approves US$248 Million DisbursementJanuary 17, 2025 | Washington, D.C.
The International Monetary Fund (IMF) Executive Board has completed the second review under the Extended Credit Facility (ECF)…
IMF to Decide on Ethiopia’s $3.4 Billion Program, Unlocking $250 Million Boost
Addis Ababa – The International Monetary Fund (IMF) Executive Board is set to meet on Friday, January 17,…
FirstBank Expresses Interest in Entering Ethiopia’s Financial Market
In a move that highlights the growing appeal of Ethiopia’s financial sector, FirstBank, one of Nigeria’s leading financial…
TikTok Ban Threat: Will Ethiopian Creators Lose Their Diaspora
TikTok, one of the most popular social media platforms globally, is facing a potential ban in the United…
Dashen Bank Unveils Ethiopia’s First Chat-Based Banking in New Super App
Addis Ababa (January 14, 2025) – Dashen Bank has announced the launch of its new Super App, spotlighting…
Wegagen Bank Officially Launches Wegagen e-Birr Mobile Wallet Service
Wegagen Bank has announced the launch of its mobile wallet service, Wegagen e-Birr, in collaboration with e-Birr Mobile…
Ethiopia’s Parallel Forex Rate Surges to 150 ETB, Testing Government Reforms
Ethiopia’s forex parallel market continues to experience significant volatility, with the rate soaring to 150 ETB per USD,…
Ethiopia-Djibouti Railway Reports First-Time Profitability
Addis Ababa, Ethiopia – The Ethiopia-Djibouti Railway has reported achieving profitability for the first time since its inception.…
