Wegagen Bank Becomes First Company Listed on Ethiopian Stock Exchange
Addis Ababa, January 10, 2025 – Wegagen Bank has officially become the first company to list on the Ethiopian Stock Exchange (ESX), marking a...
Ethiopia Launches the Ethiopian Securities Exchange (ESX)
Addis Ababa, January 10, 2025 (FM C) – Ethiopian Prime Minister Abiy Ahmed (PhD) has officially launched the Ethiopian Securities Exchange (ESX), marking a...
Import Substitution: The Key to Ethiopia’s Economic Resilience Amid Floating Exchange Crisis?
On Tuesday, fuel prices surged, a sharp reminder of the turbulent waves unleashed by Ethiopia’s shift to a floating exchange rate. This unshackled currency...
House of Representatives Passes Law to Close Legal Loophole in Government and Public Property Restitution
The House of People's Representatives has approved a new Property Restitution Law, designed to close legal loopholes in the recovery of government and public...
Ethiopia Faces Fuel Distribution Crisis with Fewest Gas Stations Per Capita in Africa
The House of Peoples’ Representatives has approved a draft proclamation aimed at regulating the trade of petroleum products in Ethiopia. The report, presented by...
Commercial Bank of Ethiopia Reports 5.3 Trillion Birr in Digital Transactions in Six Months
The Commercial Bank of Ethiopia (CBE) has announced that it processed 5.3 trillion Birr through its digital banking services in the first half of...
