Source: ethiopiancapitalmarket Hibret Bank has announced a remarkable financial milestone, achieving a net profit of 2.3 billion birr for the fiscal year, a significant leap that underscores the...
Source: The Reporter ESX amasses 1.6 billion birr in subscribed capital Heads of the Ethiopian Securities Exchange (ESX) eye the listing of more than 90 businesses on their boards as the country’s...
Source: New Business Model According to the GSMA’s new report, Driving Digital Transformation of the Economy in Ethiopia, Ethiopia's digital economy could add over ETB 1.3 trillion to GDP by 2028....
Source: The Reporter Kurmuk Gold has transferred 5.75 million shares to ASCOM Precious Metals Investment Holding BVI, a subsidiary of the Egyptian Asec Company for Mining (ASCOM). A statement...
Source: BUSINESS DAY Five African countries contribute nearly half of the continent’s total Gross Domestic Product (GDP) in 2024. These nations, often referred to as the “Big Five Economies,”...
Source: The Reporter Executives leaving no stone unturned in search for financing Ethio Telecom is on the hunt for financing to back plans for massive infrastructure expansions over the fiscal year,...
Source: The Ethiopian Herald & Fana BC Ethio Engineering Group (EEG) revealed that it had turned a profit after overcoming bankruptcy - which was prevalent over the past two years. The company...
Source: The Reporter In a bid to break up the entrenched illicit gold trade in Tigray and revive the flow of the precious metal to the central bank, regulators are considering granting a subsidiary...
Source: The Reporter 17 billion birr allocated for farmer resettlement The Ethiopian Airlines Group is searching for an estimated USD six billion in financing for the first phase of construction of...
Source: Reuters The World Bank's board has approved $1.5 billion in financing for its first ever budget support lending to Ethiopia, the lender said late on Tuesday as the east African nation tries...
