10 articles found
Ethiopian Airlines Group has announced a record-breaking annual revenue of $6.2 billion for the fiscal year ending June 2025, marking a 7% increase from the previous year.
The National Bank of Ethiopia has unveiled a comprehensive new monetary policy framework aimed at modernizing the country's financial system.
Ethio Telecom's mobile money platform telebirr has surpassed 50 million registered users, making it one of the fastest-growing mobile money services in Africa.
The Ethiopian Securities Exchange has confirmed that the Addis Ababa Stock Exchange will officially commence trading operations in early 2026.
Ethiopia's coffee exports have reached an unprecedented $2 billion in the 2024/25 fiscal year, surpassing all previous records.
The Commercial Bank of Ethiopia has announced a $200 million digital transformation program aimed at modernizing its banking infrastructure.
Ethiopia has attracted $4.5 billion in FDI during 2024/25, representing a 15% increase and the highest inflow in the country's history.
Dashen Bank has become the first Ethiopian bank to implement an AI-powered credit scoring system.
The Grand Ethiopian Renaissance Dam has reached its full generating capacity of 5,150 megawatts, making Ethiopia Africa's largest hydroelectric power producer.
The Addis Ababa real estate market has experienced remarkable growth in 2025, with premium property values increasing by 20% year-over-year.
