Ethiopia Secures Debt Restructuring Deal, Extends Payment Deadlines
Ethiopia’s official creditors are nearing the completion of a debt restructuring agreement that will extend payment deadlines, but will not involve any reduction of...
Commercial Bank of Ethiopia Disburses $122.5 Million to Customers to Support Import Trade
Addis Ababa, March 26, 2017 – The Commercial Bank of Ethiopia (CBE) has announced the disbursement of $122.5 million in foreign exchange to its...
The 2025 Billionaires Breakdown: Tech Titans, Finance Moguls, and the Sectors Shaping Global Wealth
The 2025 Forbes World’s Billionaires List, published on April 1, 2025, provides a comprehensive overview of global wealth, identifying 3,028 billionaires with a collective...
Ethiopian Airlines Expands Global Reach with the Launch of Macao Cargo Route
Ethiopian Airlines, Africa’s leading airline and a key player in global air transportation, has announced the launch of its new cargo route to Macao....
Chapa Enabled Millions of Ethiopians to pay and receive their National ID seamlessly in less than a year.
Addis Ababa, Ethiopia – April 3, 2025
Ethiopian fintech company Chapa partnered with the Ethiopian Postal Service and the National ID (Fayda) platform, marking a...
Commercial Bank of Ethiopia Posts Record 32.6 Billion Birr Profit
Addis Ababa, Ethiopia – April 3, 2025 — The Commercial Bank of Ethiopia (CBE), the nation’s largest state-owned bank, has reported a staggering 32.6...
