CBE Birr Enhances its Mobile App: A Strategic Move in Ethiopia’s Digital Payment Space
The Commercial Bank of Ethiopia (CBE) has recently upgraded its mobile payment application, CBE Birr, marking a significant development in Ethiopia's digital payment landscape....
Mobile Money Titans Clash: Safaricom’s M-PESA Hits 1.2 Million Users in Ethiopia, Challenging Telebirr’s Dominance
In the competitive landscape of Ethiopia's mobile money market, a significant development unfolded with Safaricom's announcement during its 2023/2024 Half Year Results. The Kenyan...
The Benefits of the Ethiopian Stock Exchange for Small and Medium-sized Enterprises (SMEs)
By- Henok Gidey
Small and Medium-sized Enterprises (SMEs) are the backbone of many economies, including Ethiopia. They play a pivotal role in job creation, innovation,...
Impact vs. Number-Driven Startups: Striking the Balance in Ethiopia’s Startup Ecosystem
By- Fikir Belete
The startup ecosystem in Ethiopia is a dynamic and vibrant space, bustling with innovation, creativity, and ambition. It is now getting...
Dashen Bank Achieves Record Profit of 5 Billion Birr in 2015 Fiscal Year
Dashen Bank announced that it made a profit of 5 billion birr before tax in the 2015 fiscal year, an increase of 31.9 percent...
NBE’s New Circular: A Threat to Access to Finance and Investment
By Tsegamlak Solomon
The National Bank of Ethiopia (NBE) recently issued a circular on the legality of interest-bearing private loans, which will have a significant...
