Ethiopia’s Ministry of Planning and Development has been renamed the Ministry of National Strategy, the latest change of ...

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

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

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

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

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

The Ministry of Trade and Regional Integration has issued a statement clarifying recent misinformation suggesting that new taxes have been imposed on fuel sales. While the Ministry insists that no new ...

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

Foreigners residing in Addis Ababa usually have no choice but to fit into the status quo. Irrespective of their social makeup and which continent they are from, they blend fast and move on with the ...

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 ...

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 ...

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 ...