Chinese EV Giant BYD Enters Ethiopian Market with Electric Vehicles
BYD, a leading Chinese electric vehicle (EV) manufacturer, has officially announced its entry into the Ethiopian market. The…
Category: Market
Amhara Bank Sets Sights on Investment Banking, Poised to Transform Ethiopia’s Financial Landscape
Amhara Bank is taking a bold step forward by venturing into investment banking services, signaling its ambition to…
Ethiopia Excluded from AGOA for Third Consecutive Year
The United States has announced that Ethiopia will remain ineligible for the African Growth and Opportunity Act (AGOA)…
Amhara Bank Urges Local Banks to Merge Amid Foreign Banks’ Entry
On December 18, 2024, Ethiopia’s parliament ratified a landmark banking proclamation allowing foreign banks to operate within the…
National Bank of Ethiopia Launches Platform for Customer Complaints
Addis Ababa, Ethiopia The National Bank of Ethiopia (NBE) has introduced an online platform and a dedicated hotline…
Behind the Fintech Boom: Ethiopian Fintech’s Untold Challenges
Ethiopia’s Financial Technology (fintech) sector is on a promising upward trajectory, driven by innovative products and a growing…
Ethiopian Cargo Expands Fleet with Two Boeing 767 Freighters to Meet Growing Demand
Addis Ababa, [Date] — Ethiopian Cargo and Logistics Services has announced the addition of two Boeing 767 freighters,…
Digital Money Transfers Surpass Cash Transactions in Ethiopia, Says National Bank Governor
On December 17, 2024, the Governor of the National Bank of Ethiopia (NBE), Mamo Miheret, addressed the House…
Ethiopian Airlines Celebrates Air Congo’s Launch Tomorrow as Second Boeing 737 Lands in Kinshasa
Kinshasa, DR Congo – Ethiopian Airlines, Africa’s largest carrier, is ushering in a new era of aviation with…
East Africa Electric Highway Begins Trial Supply from Ethiopia to Tanzania
The East Africa Electric Highway project, a pivotal power infrastructure initiative among Ethiopia, Kenya, and Tanzania, has entered…
