Oromia Cooperative Bank introduces a new digital platform for loans
In collaboration with Payment Financial Technologies, Oromia Cooperative Bank has introduced a new digital platform called "Mechu" to provide loans without collateral.
It is believed...
Ethiopia-Djibouti railway records 37.5% increase in revenue
THE Ethiopia-Djibouti railway, which runs from Addis Ababa to the port in Djibouti City, recorded $US 86.13m in revenue in 2021, a 37.5% increase on...
Ethiopian Cargo launches new booking system
Africa’s largest cargo service provider Ethiopian Cargo and Logistics Services has launched a new air cargo booking platform.
The new online system enables the airline’s...
An innovative event connecting Diaspora and Local Experts kicked off in Addis Ababa
Addis Ababa, Ethiopia, January 12, 2022 – An innovative event dedicated to connecting and inspiring diaspora with home-based experts from all sectors has officially...
Dangdang criticize Luckin coffee monopolizing over Hambella coffee
Recently, Dangdang, a Chinese electronic commerce company, criticized Luckin coffee's purchase of nearly half of the available Hambell coffee beans, suggesting that the transaction...
News Alert: Central Bank Lifts Restrictions Placed on Bank Transfers
The National Bank of Ethiopia lifts the limit placed on bank transfers. It was a rule introduced to discourage players in the informal exchange...
