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 9.8 billion and a gross profit...
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 board of directors, Mr. Anteneh Sebsbe,...
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 of the Franco valuta import system...
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 significant step in digital finance with the...
Ethiopia Earns $55 Million from Bitcoin Mining: A Growing Global Player
Ethiopia’s role in the Bitcoin mining industry is on the rise, bringing in a remarkable $55 million over the last ten months. This boost...
Ethiopian Airlines’ Airbus A350-1000 Makes First Flight to Lagos
Ethiopian Airlines has announced that its first Airbus A350-1000 aircraft in Africa will make its inaugural flight to Lagos, Nigeria.
The airline's latest addition to...
