Zemen Bank reported gross profit before tax, depreciation and amortization of about 10 billion birr for the 2025/26 fiscal ...

ZamZam Bank has launched ZamZam Remit, a digital payment platform designed to channel money sent by Ethiopians abroad into ...

According to a research report by the Ethiopian Economics Association (EEA), 65.8% of the 266 experts surveyed said these ...

Africa faces an infrastructure financing gap of $68 billion to $108 billion according to African Development Bank reports, ...

Confidence in the regime is thin even among supporters. Only 15% of respondents consider the float highly likely to be ...

Akobo Minerals, the Swedish-registered company operating the Segele gold mine in Ethiopia, expects to make its first direct ...

The news of the establishment of a capital market has been received with hype and enthusiasm. It is hoped that it would support the national economy through the mobilization of capital for new ...

In Addis Ababa, where a third of Ethiopia’s urban population reside, a considerable number of people live in vulnerable and highly depleted houses and slum neighbourhoods. Not a small number of people ...

Former Advisor to Ethiopian Prime ministers, Neway Gebregab, has passed away today. He was a chief economic advisor to former Prime Ministers of Ethiopia, Hailemariam Desalegn and the late Meles ...

Eight years ago, when Ethiopia announced its bold decision to build the biggest possible dam on the Nile River, to which it contributes 86Pct of the water volume, with financing from domestic ...

VisionFund Microfinance Institution S.C., established in 1998, is the largest microfinance Institution in Ethiopia. It currently serves over 1.9 million clients across the country in both rural and ...

NIB Bank and Arifpay Financial Technologies have launched a strategic partnership aimed at expanding access to digital payment systems across Ethiopia. The collaboration brings together NIB Bank’s ...