Ensuring successful integration of foreign banks into Ethiopian financial landscape
Parliament’s ratification this week of the keenly anticipated banking business proclamation marks a seminal moment for Ethiopia’s banking industry. A …
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Ethiopia: Tigray Leader Says Region Losing Gold Without Benefit
Ethiopia’s prime minister recently touted the country’s mining resources and said the industry could achieve a historic milestone by generating up to $2 billion in gold revenue this year. He made the …
Ethiopia: Lion Insurance Surpasses Birr 1 Billion in Premium Revenue
Lion Insurance, a key player in Ethiopia’s insurance sector for 17 years, has achieved a major milestone by surpassing Birr 1 billion in premium revenue for the first time. The company’s total premium …
Sudan’s Famine-Hit Zamzam Camp Comes Under Fire, Say Residents and MSF
Sudan’s Famine-Hit Zamzam Camp Comes Under Fire, Say Residents and MSF CAIRO (Reuters) – Sudan’s famine-stricken Zamzam displacement camp has been struck by shelling from the Rapid Support Forces …
Ethiopia Says Health System In Restive Amhara ‘Catastrophic’
The unrelenting conflict in Ethiopia’s war-weary Amhara region has stretched its health system to the limit, a senior government official said on Tuesday. Fighting broke out in the northern region …
Post falsely claims to show rebels in Ethiopia’s Oromia region with captured Amhara fighters
Authorities accuse Fano rebels from the northern Amhara region of committing the murder. A post shared on Facebook after the killing claims to show Fano militants captured by the Oromo Liberation …
In Bihar, libraries as windows to the world
Bihar’s Didi ki Libraries provide free books, internet, and support for rural students aspiring for higher education and careers.
Ethiopia eyes $700mln World Bank loan in a financial sector reform plan
“The restructuring aims to reduce CBE’s exposure to non-performing state-owned enterprise assets by transferring the stock of loans owed by the Liability and Asset Management Company (LAMC) and …
BULTUM TECHNOLOGIES (BTT): Establishing Its African Headquarters in Ethiopia, Creating Employment Opportunities for Local Communities
TOKYO, JAPAN / ACCESSWIRE / December 28, 2024 / BULTUM TECHNOLOGIES (hereafter referred to as BTT) believes that the era of rapid mobile internet development across African nations has arrived. To …
Flying Ethiopian Airlines A350 New Business Class Across Africa
I continue to discover Ethiopian Airlines operations behind the scenes at Addis Ababa Airport. There are 2 peaks every day, one in the morning and one in the evening with many arrivals and departures …
At least 71 killed in Ethiopia road accident
At least 71 people died in Ethiopia when a truck packed with passengers plunged into a river, according to the spokesperson for the southern Sidama regional government and a statement.
Africa insurance market offers opportunities for players – Deloitte
It underlined that Africa had been attracting several innovative start-up insurance companies aiming to bridge the insurance gap. “These start-ups have been leveraging mobile technologies to …
Will Ethiopia join the banking mainstream?
The article Ethiopia leaves door ajar for for … and the majority of emerging markets, including in Africa, by and large. One result was a sharp rise in the volume of direct foreign investment as …
Ethiopia: 9 Killed in Ethiopia Oromia Region Attack
Addis Ababa, Ethiopia — Residents and relatives say at least nine people were killed during an attack in the Arsi Zone of the Oromia region of Ethiopia on Thursday. Adebebu Workineh is a …
BYD Expands Into Ethiopia With Launch of 5 EV Models: Report
BYD expands into Ethiopia with the launch of five electric vehicle models, continuing its global growth despite challenges in Brazil.
How awakened Africa, Global South are driving modernisation
Amid a complex and evolving global landscape, African nations are seeking self-reliant development through regional integration.
Africa’s Hidden Crypto Powerhouse: How Ethiopia’s Green Energy is Secretly Fueling a Bitcoin Revolution
Ethiopia Strikes Gold with Green Bitcoin Mining, Making $1B! Discover Africa’s Crypto Revolution Fueled by Clean Energy.🚀💰 #BitcoinBoom …
Exclusive: World Bank staff question Ethiopia debt assessment reached with IMF, memo shows
Some World Bank staff have criticised an assessment of Ethiopia’s finances conducted with the International Monetary Fund, questioning whether the analysis that underpins the country’s debt …
Ethiopia eyes $700mln World Bank loan in a financial sector reform plan
The funds will also support the recapitalization of CBE and the various reform activities that each of the implementing agencies — NBE, CBE and Development Bank of Ethiopia (DBE) will undertake,” NBE …