From Hydroelectric Power to Bitcoin: Ethiopia’s Rise as a Mining Hub
Ethiopia is quickly emerging as a significant hub in the Bitcoin mining industry, having generated an impressive $55…
Category: Market
Awash Bank and Amhara Bank Lead the Way in Interoperable QR Payments
In a significant step toward modernizing Ethiopia’s payment ecosystem, Awash Bank and Amhara Bank have successfully tested the…
10 Must-Know Facts About Ethiopia’s Grand Renaissance Dam: Africa’s Energy Revolution!
1. Africa’s Largest Hydropower Project GERD is the largest hydropower project on the African continent. Once completed, it…
Ethiopia to Open Fuel Import Market to Private CompaQnies, Minister Kasahun Announces
In a groundbreaking move, Ethiopia’s Minister of Trade and Regional Relations, Dr. Kasahun Goffe, revealed that the government…
Ethiopia’s Economic Reform Gains Momentum: IMF Unlocks $251 Million Boost
The International Monetary Fund (IMF) has reached a significant milestone with Ethiopia, concluding a staff-level agreement on the…
Ethiopian Airlines Added 3 New Weekly Flights to Rome
Ethiopian Airlines recently launched three new weekly flights between Addis Ababa and Rome, starting on November 22, 2017.…
House of People’s Representatives Approves 582 Billion Birr as Additional Federal Government Budget
The House of People’s Representatives of the Federal Democratic Republic of Ethiopia has approved an additional 582 billion…
Commercial Bank of Ethiopia to Adjust Loan Interest Rates and Service Fees
Addis Ababa, Ethiopia – The Commercial Bank of Ethiopia (CBE) has announced its intention to implement adjustments to…
Awash Bank Announces Pre-Tax Profit of Nearly 11 Billion Birr
Awash Bank, Ethiopia’s first private bank, held its 29th Annual General Meeting (AGM) today and announced plans to…
ADvTECH Expands into Ethiopia with $7.5 Million Acquisition of Flipper International School
In a significant move to expand its presence across Africa, JSE-listed private education provider ADvTECH Group has announced…
