Safaricom Ethiopia’s Active Customer Base Surpasses 10 Million
Addis Ababa, June 24, 2017 — Safaricom Ethiopia has announced that its 90-day active subscriber base has reached 10 million customers nationwide, marking...
National Bank of Ethiopia Lifts Mandatory Bond Purchase Requirement for Commercial Banks
Addis Ababa – In a significant shift in monetary policy, the Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) has decided...
Ethiopia Starts Supplying Electricity to Tanzania via Kenya
Ethiopia has begun exporting electricity to Tanzania for the first time, delivering power through Kenya’s high-voltage transmission network in a successful pilot that marks...
Ethiopia Opens Banking Sector to Foreign Investors Starting Today
Ethiopia Opens Banking Sector to Foreign Investors in Landmark Reform
By Addis Insight Business Desk | June 25, 2025
ADDIS ABABA — Ethiopia has officially opened...
Ethiopian Startup Better Auth Raises $5M to Democratize Secure Authentication
Beyond the Valley: Better Auth Raises $5M to Democratize Authentication for the World
June 25, 2025
Just three months after Addis Insight reported on their remarkable...
Ethiopia Mandates Federal Agencies to Accept All Licensed Digital Payments
Addis Ababa, June 2025 — Ethiopia’s Ministry of Finance has formalized Directive No. 1069/2025, requiring all federal public institutions—from tax offices to utility providers—to accept...
