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 celebrate its 30th anniversary in January.
Presenting...
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 the acquisition of Flipper International School,...
Ethiopia Set to Begin Electricity Exports to Tanzania via Kenya
Ethiopia is preparing to commence electricity exports to Tanzania through Kenya, marking a significant step in cross-border energy trade within East Africa.
According to Bloomberg,...
Ethiopia Approves 581 Billion Birr Supplementary Budget for 2024/25
In a significant session, Ethiopia’s Council of Ministers convened for its 40th regular meeting, deliberating on a range of pivotal issues that aim to...
PM Dr. Abiy Inaugurates Ethno Mining Gold Factory
Prime Minister Abiy Ahmed (Dr.) today inaugurated the Ethno Mining Gold Factory, constructed in the Gambella Regional State.
In a post on his social media...
Importers Face Delays and Risks in Ethiopia’s New Forex Regime
Floating Exchange Rate Sparks Concerns Over Exchange Rate Risk in Ethiopia
Ethiopia has recently launched a comprehensive macroeconomic reform program to tackle long-standing economic challenges...
