This week, Ethio telecom announced the “successful conclusion” of talks with British International Investment (BII), the UK government’s development finance institution handling a portfolio...
Ethiopia’s merchant economy is in rapid expansion but remains largely excluded from formal credit systems, with more than 99 percent of digital payments still...
The total number of shareholders across industries and sectors remains below half a million, according to the head of the Ethiopian Capital Market Authority...
The co-chairs of Ethiopia’s official creditors committee (OCC) report the country has yet to ink restructuring agreements with bondholders and commercial creditors that comply...
The state-owned Industrial Parks Development Corporation (IPDC) reports nearly 650 million Birr in net profit for the 2024/5 fiscal year, with a surge in...
Vehicle seizure proposed in draft Customs Proclamation amendment Officials of the Ethiopian Customs Commission and the Ministry of Finance stated in Parliament this week that...
Ethiopia is ranked among the top 10 recipients of European financing for energy projects under the sustainable development goals (SDGs) between 2014 and 2024,...
Over USD13bln investment deals inked in two days Concerns over restrictive visa policies for foreign professionals and investors took center stage at the fourth...
Ethio telecom, Safaricom required to contribute 1.5pct of revenue Telecom operators will now be required to contribute 1.5 percent of their gross annual revenue to...
Insurance companies have been given six months to obtain approval from the National Bank of Ethiopia (NBE) for their senior executive positions or face a penalty...