Commercial Bank of Ethiopia announces diaspora loan program worth 50 billion birr

The Commercial Bank of Ethiopia (CBE)  has announced a 50 billion birr financing facility aimed at…

Dashen Bank claims that it paid out 14 billion Birr in telebirr during the preceding fiscal year

The Bank reported that, in collaboration with Ethio Telecom, it had successfully disbursed an incredible 14…

Early Homo and Australopithecus Co-Existed in Ethiopia before 2.5 Million Years Ago

New hominin fossils recovered from the Ledi-Geraru Research Project area in the Afar region of Ethiopia…

Ethiopian Airlines has secured a $7.8 billion funding deal to build its new airport in Bishoftu

The African Development Bank agreed to lend $7.8 billion for the construction of the Bishoftu airport.…

The Government of Korea contributed US$10 million to support primary health care and WASH services in Ethiopia

The Government of the Republic of Korea generously contributed US$10 million (approximately ETB 1.37 billion) to…

The 22nd African Fine Coffee Conference and Exhibition will take place in Ethiopia in February

According to the African Fine Coffee Association, the 22nd African Fine Coffee Conference and Exhibition will…

Ethiopia opens its first refractive surgery centre in the country’s history of eye care

Ethiopia opens its first refractive surgery centre in the country’s history of eye care. The centre…

Ethio Telecom, Dashen Bank, and Eta Solutions offer combined point-of-sale and cash register services

This system, called “Zuriya,” was reportedly the first in the banking industry to integrate point of…

Ethiopian Birr Is Included in Russian Bank Currency

The Ethiopian Birr was added to the list of currencies that the Russian Central Bank accepts…

Ethiopia to impose 15 percent tax on income from YouTube, TikTok and other digital content creation

A draft proclamation to amend Ethiopia’s nine-year-old Income Tax Proclamation has been included in a sub-article…