IMF to Decide on Ethiopia’s $3.4 Billion Program, Unlocking $250 Million Boost
Addis Ababa – The International Monetary Fund (IMF) Executive Board is set to meet on Friday, January 17, 2025, to evaluate Ethiopia’s progress under...
FirstBank Expresses Interest in Entering Ethiopia’s Financial Market
In a move that highlights the growing appeal of Ethiopia's financial sector, FirstBank, one of Nigeria's leading financial institutions, has announced its intention to...
TikTok Ban Threat: Will Ethiopian Creators Lose Their Diaspora
TikTok, one of the most popular social media platforms globally, is facing a potential ban in the United States. The Supreme Court is preparing...
Dashen Bank Unveils Ethiopia’s First Chat-Based Banking in New Super App
Addis Ababa (January 14, 2025) – Dashen Bank has announced the launch of its new Super App, spotlighting a first-of-its-kind “Chat Banking” feature in...
Wegagen Bank Officially Launches Wegagen e-Birr Mobile Wallet Service
Wegagen Bank has announced the launch of its mobile wallet service, Wegagen e-Birr, in collaboration with e-Birr Mobile Financial Services. This service enables customers...
Ethiopia’s Parallel Forex Rate Surges to 150 ETB, Testing Government Reforms
Ethiopia’s forex parallel market continues to experience significant volatility, with the rate soaring to 150 ETB per USD, a sharp increase from the 130...
