Visa, SantimPay to Deploy 20,000 POS Terminals in Ethiopia
Addis Ababa – Global payments giant Visa Inc. has entered into a strategic partnership with Ethiopian fintech firm SantimPay Financial Solutions S.A. to deploy...
Ethiopia 2025: U.S. Report Flags Reforms and Corridor Risks
The U.S. State Department’s 2025 Investment Climate Statement on Ethiopia paints a picture of a country pulling in two directions at once: a government...
NBE Lifts Credit Cap to 24% but Stops Short of Full Removal
Ethiopia’s Central Bank Holds Tight on Monetary Policy
Ethiopia’s central bank unexpectedly opted for a partial easing of its credit controls, lifting the ceiling on...
Ethiopia’s Central Bank Holds Interest Rate at 15% as Inflation Cools and Economy Strengthens
Addis Ababa — Ethiopia’s central bank kept its benchmark interest rate unchanged at 15% and opted for only a cautious loosening of credit growth...
Malaysia Reopens Embassy in Addis Ababa After 43 Years
Malaysia has officially re-established its diplomatic presence in Ethiopia, reopening its embassy in Addis Ababa after more than four decades of closure. The decision...
Abyssinian Flight Launches First Tourist Charter to the Grand Ethiopian Renaissance Dam
Abyssinian Flight Services & Aviation Academy (AFS), one of Ethiopia’s leading private air charter operators, has inaugurated the first tourist charter flight to the...
