Awash Bank, Ethiopia’s largest private lender, has launched a five-card payment portfolio with Mastercard, aimed at customers ranging from high-net-worth individuals to ordinary account holders and ...

Abay Bank posted a profit before tax of Birr 6.22 billion for the year ended 30 June 2026, up from Birr 4.22 billion a year ...

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

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

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

Bank of Abyssinia (BoA) posted a profit before tax of Birr 15.85 billion for the year ended 30 June 2026, up 56.9 percent ...

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

Ethiopia has secured over 5.1 billion USD in remittances within the first nine months of the 2024/2025 fiscal year, surpassing the total 4.4 billion USD received in the entire previous fiscal year, ...

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 ...

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 ...

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 ...

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 ...