Ethiopia Ships Fresh Produce to Europe for the First Time, Opening New Markets
Ethiopia has marked a new chapter in its agricultural sector by sending its first refrigerated shipment of fruits…
Category: Market
Ethiopian Airlines Set to Welcome Second Airbus A350-1000 in December
Ethiopian Airlines’ New Airbus A350-1000 Soars Across Continents: A Landmark in African Aviation On November 5, 2024, Ethiopian…
Crisis in Merkato: Fear of Government Crackdown Drives Merchants to Close Shop
Mercato Merchants in Crisis: Fear of Property Seizures Drives Shop Closures In Addis Ababa’s bustling Mercato, a wave…
Ethio Telecom and MwareTV Launch IGADO+: A New Affordable, Localized Streaming Service in Ethiopia
MwareTV, a Dutch provider of cloud-based TV platforms, has introduced IGADO+, a new video streaming service specifically developed…
Fitch Upgrades Ethiopia’s Domestic Credit Rating Amid Economic Reforms
In a significant development for Ethiopia’s financial landscape, Fitch Ratings announced an upgrade of the country’s Long-Term Local-Currency…
Ethiopian Airlines Partners with South Sudan to Launch National Carrier
Ethiopian Airlines Takes Bold Step in Regional Aviation by Partnering with South Sudan to Establish National Carrier In…
Wegagen Bank Celebrates Landmark Birr 9.8 Billion Profit, Outpacing Last Year’s Growth by 40%
Wegagen Bank has achieved record-breaking financial performance for the 2023/24 fiscal year, reporting a net income of Birr…
Ahadu Bank has announced a pre-tax profit of more than 119 million birr.
At its 3rd Ordinary General Meeting of Shareholders held on October 30, 2017, the chairman of the bank’s…
Ethiopia’s Ministry of Finance Ends Franco Valuta Import System for Commercial Goods
The Ministry of Finance of the Federal Democratic Republic of Ethiopia has issued a directive announcing the end…
Ethiopia Aims for Cashless Economy with Interoperable QR Code Payment System
Ethiopia’s New Interoperable QR Code Standard Sets the Stage for a Digital Payment Revolution Ethiopia is taking a…
