Local News
Economists implore for upgrade in financial systems ahead of BRICS
By Eyasu Zekarias
Ethiopia gears to officially join BRICS in January 2024, with hopes and concerns equally running high.
As Dr. Degye Goshu, Director of Research...
Local News
Wegagen Bank achieves remarkable growth with 109% rise in profit before tax
By our staff reporterWegagen Bank has reported a significant surge in its profit before tax, recording a remarkable 109% increase compared to the previous...
Local News
Awash Bank’s earnings skyrocket to close to 10 billion birr
By our staff reporterAwash Bank, Ethiopia’s flagship and powerful private bank, continues to set pace with earnings coming in at close to 10 billion...
Local News
Global Bank achieves remarkable 88% profit margin, surpassing industry peers
By our staff reporterGlobal Bank Ethiopia, a prominent player in the banking industry for nearly 11 years, announced a remarkable achievement in the last...
Local News
Fertilizer for food innovation challenge boosts access and sustainability in the agriculture sector
By Eyasu ZekariasThe agricultural sector holds a central role in the lives and livelihoods of the majority of Ethiopians. It is estimated that around...
Local News
Sinoma Int’l opens Industry-Education Integration Training Center
Chinese construction giant, Sinoma International through its Ethiopian subsidiary opens a training center in Ethiopia.According to the construction firm, the Ethiopian Industry-Education Integration Training...
Local News
New report shows how Ethiopia’s manufacturing sector can swing to benefit the economy
By Eyasu Zekarias
Despite Ethiopia’s current low manufacturing state, a new report reveals that the country has considerable potential to become a manufacturing power, with...
Local News
More than $6billon required to unlock MSME’s hurdles, reveals report
By Eyasu Zeakarias
Reports reveal that a capital of 6.1 billion dollars may fill the 80 percent gap in the market affecting micro, small and...