Wegagen Capital Becomes First Trading Member of Ethiopian Securities Exchange
In a landmark moment for Ethiopia’s financial sector, Wegagen Capital Investment Bank S.C. has become the first institution to receive a Trading Membership Certificate...
President of Ethiopian Health Professionals Association and Doctors Arrested Amid Growing Tensions
The President of the Ethiopian Health Professionals Association, Ato Yonatan Daneye, along with three doctors from Arba Minch General Hospital, has been taken into...
Ethiopian Capital Market Authority Launches Probe into Unlicensed Fundraising Involving Ermias Amelga
The Ethiopian Capital Market Authority (ECMA) has initiated a formal investigation into alleged illegal fundraising activities involving well-known entrepreneur Ato Ermias Amelga and a...
National Bank of Ethiopia Sells USD at Average Rate of 132 Birr
Addis Ababa, May 7, 2025 — The National Bank of Ethiopia (NBE) sold U.S. dollars at an average exchange rate of 132.9643 birr during...
Ethiopia’s Hasab AI Launches Groundbreaking Voice Intelligence Platform for African Languages
Addis Ababa, Ethiopia — May 7, 2025
In a bold step toward tech inclusion and linguistic equity, Hasab AI, an Ethiopian startup co-founded by Kidus...
Ethiopia Ushers in New Era of Banking Reform with Basel-Aligned Capital Directive
Addis Ababa, May 7, 2025 — Ethiopia’s banking landscape is undergoing a major transformation as the National Bank of Ethiopia (NBE) unveils its most...
