Oct 14, 2026 | 2M Editor | Banking and Finance
Ethiopia’s House of People’s Representatives (HPR) has unanimously approved a concessional loan agreement worth USD 145.8 million with the International Development Association (IDA) to finance the first phase of the...
Read moreOct 12, 2026 | 2M Editor | Banking and Finance
Oromia Bank reported a 49% increase in pre-tax profit to Birr 3.82 billion for the 2025/2026 fiscal year, despite liquidity constraints and broader economic challenges affecting Ethiopia’s banking sector.
Read moreOct 7, 2026 | 2M Editor | Banking and Finance
Ethiopian merchants will be able to access working capital loans based on their digital transaction history under a new payment and financing initiative launched by Visa and ETTA Solutions.
Read moreOct 5, 2026 | 2M Editor | Capital Market and Commodity Exchange
Investor participation in Ethiopia’s emerging capital market is steadily increasing, with more citizens opening investment accounts and trading securities, according to Hana Tehelku, Director General of the Ethiopian Capital Market...
Read moreSep 30, 2026 | 2M Editor | Energy and Mining
Ethiopia is set to benefit from Kenya’s planned Lamu oil refinery through expanded access to regional refined petroleum supplies and increased opportunities for trade and investment, Prime Minister Abiy Ahmed...
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