Tag: Ethiopia
Ethiopian Securities Exchange, raising $234 million in IPO
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Ethio Telecom, the biggest telecom provider in Ethiopia is the first company to list on the Ethiopian Securities…
Ethiopian Securities Exchange begins operations
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On Friday, Prime Minister Dr Abiy Ahmed presided over a colourful celebration marking the launch of the Ethiopian…
Ethio Telecom, Ministry of Innovation partner to enhance access to digital services for all Ethiopians
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Ethiopia’s digital transformation is gaining significant traction, especially with the collaboration between Ethio Telecom and the Ministry of…
Websprix executives Dawit Berhanu, Mekdes Aklilu face money laundering charges in Ethiopia
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Ethiopian prosecutors on December 27, 2024, announced serious financial crime charges against two prominent figures from Web Sprix…
National Bank of Ethiopia raise credit growth cap to 18% amid declining inflation
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The Central Bank of Ethiopia has raised the annual credit growth cap for commercial banks from 14 percent…
Safaricom partners with JICA, Lersha, Hibret Bank to empower 10,000 Ethiopian farmers
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Safaricom Ethiopia has partnered with Lersha, a digital platform for smallholder and commercial farmers in Ethiopia, Hibret Bank,…
Safaricom Ethiopia launches 4G in Assosa, expands reach to half of Ethiopia’s population
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On December 25, Safaricom Ethiopia launched its 4G network in Assosa, marking another key milestone in its mission…
Ethiopia launches first Sharia-compliant digital financing service with Ansar platform
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Ethiopia has entered a new era in financial innovation with the launch of Ansar Digital Financing, the country’s…
Nyala Insurance S.C. to boost Ethiopia’s digital insurance payments with Safaricom’s M-PESA
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Safaricom’s M-PESA and Nyala Insurance S.C. (NISCO) have partnered to provide the Ethiopian insurance industry with secure, seamless…
Ethiopia opens its economy to foreign bank investments for the first time
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Ethiopia’s parliament on Tuesday passed a new law which officially opens the nation’s banking sector to foreign investments…
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