Business
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News: National Bank of Ethiopia greenlights offshore accounts for strategic foreign direct investments
The headquarters of the National Bank of Ethiopia (Photo: Capital Finance International) Addis Abeba – The National Bank of Ethiopia (NBE)…
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News: African Development Bank Group approves $104 million in funding for a power transmission project in eastern Ethiopia
Photo: FBC Addis Abeba – The Board of Directors of the African Development Bank Group has granted approval for a $104…
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Business: Opera launches its first data campaign in Ethiopia, offers up to 1.5GB free data per month to Safaricom users
Addis Abeba – Opera – a leading global web innovator – is launching its free data campaign in Ethiopia. Partnering…
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#ASDailyScoop: Visa backs upcoming Enkopa tech and entrepreneurship summit
Enkopa Summit 2022 (Photo:Enkopa Summit.com) Addis Abeba – Visa, the global leader in digital payments, has signed on as Platinum…
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News: Dashen Bank secures $40 million loan to drive agricultural exports
The agricultural sector in Ethiopia employs 80% of the population while generating 90% of the country’s foreign currency through exports…
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In-depth: Skyrocketing food prices plague low-income families, uncertain future creates a fret
The prices of crucial food items available in the various markets of Addis Abeba have skyrocketed with a kilogram of…
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#ASDailyScoop: Kenya gears up to construct $13.8 billion railway connecting to Ethiopia
Addis Abeba – Kenya is gearing up to launch a monumental $13.8 billion high-speed electric railway project, aiming to connect…
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Safaricom Ethiopia launches long awaited M-PESA
Addis Abeba – M-PESA, Safaricom Ethiopia’s Mobile Financial Services, goes live today three months after receiving the Payment Instrument Issuer License…
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CBE stands tall with its deposit surpassing the one trillion birr mark
Addis Abeba – Commercial Bank of Ethiopia (CBE) said it has made a remarkable achievement in the 2015 Ethiopian fiscal year, as…
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Ethiopia’s domestic debt skyrockets, raising concerns over government borrowing practices
Addis Abeba – Despite the government’s efforts to curtail borrowing, Ethiopia’s public debt is experiencing a rapid increase and shows no signs…
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