Addis Ababa Mandates Full Nighttime Lighting on Main Roads
The Addis Ababa City Administration Cabinet held its 4th regular meeting today, during which several important decisions were…
Category: Market
Ethiopian Securities Exchange to Launch in January
The Ethiopian Securities Exchange (ESX) has announced its official launch, scheduled for January 2024. According to Dr. Tilahun…
Ethiopia Startup Data Hub Launched: A Game-Changer for Startups and Investors
A new open-access data platform has been launched in Ethiopia, offering a centralized hub for insights into the…
From ETB 2,900 to 1,500: How Lemi National Cement is Transforming Ethiopia’s Cement Market
When the Ethiopian government lifted the ban on foreign direct investment (FDI) in 2020, it was a clear…
EthSwitch Plans to Launch Credit Scoring and Digital Lending System
EthSwitch S.C., Ethiopia’s national switch operator, has announced plans to launch a credit scoring and digital lending system.…
Ethiopian Transit Clearinghouse Launches at Berbera Port, Enhancing Somaliland-Ethiopia Trade Relations
Today, the Ministry of Finance and Development of Somaliland announced the inauguration of the Ethiopian Transit Clearinghouse at…
Amhara Bank Reports Total Assets Surpassing 35 Billion Birr at General Meeting
Amhara Bank held its 3rd regular general meeting of shareholders today, announcing that its total assets have reached…
Ethiopia’s Banking Reform Bill: Set to Be Ratified in Weeks, Opening Doors to Foreign Banks
Ethiopia is preparing to open its banking sector to foreign competition for the first time in its history,…
Ethiopia’s Capital Market Hits a Milestone with the Launch of the First Securities Exchange
Addis Ababa, Ethiopia – December 7, 2024 – The Ethiopian Capital Market Authority (ECMA) has officially licensed the…
Petroleum Prices Unchanged for December, Ministry Confirms
The Ministry of Trade and Regional Cooperation has announced that retail prices for petroleum products will remain unchanged…
