Tuesday, April 30, 2024
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Local News

Tele inks MoU with Oromia, Sheger Administration to harbor smart cities

Ethio Telecom signs a memorandum of understanding with the Oromia National Regional State and Sheger City Administration to deploy the state-of-the-art smart solutions and...

ESL pockets 13 billion birr in first quarter

By our staff reporter The sole deep sea vessel operator in Africa, Ethiopian Shipping and Logistics (ESL), reels in 13 billion birr in the first...

Amhara Bank appoints Chanyalew Demissie as Interim Head following dismissal of founding president

Following the dismissal of founding President Henock Kebede, the board of directors of Amhara Bank, which is the newest and financially strongest bank, has...

Agriculture, Food exhibitors flock Millennium Hall for 14th AGRIFEX-Ethiopia

The 14th Specialized Addis chamber International Agriculture and Food Exhibition /AGRIFEX-Ethiopia / opens its doors to the public on December 7, 223 at the...

Ethiopia hosts 5th Takaful, Re-Takaful, Interest-Free Banking Forum

By our staff reporter The nation’s capital successfully hosts the 5th Edition of Global Takaful and Re-takaful forum in partnership with AlHuda CIBE, and Ethiopian...

Premier Switch Solutions enhances grip on the market

By our staff reporter Digital financial solutions provider, Premier Switch Solutions (PSS), reveals that cash withdrawals of 101.1 billion birr have been made since operations...

Oromia bank celebrates 10 years of IFB services

Oromia Bank, the first private bank to introduce interest-free banking (IFB) services in Ethiopia, celebrates its 10 year of service.   In 2013, the bank...

Ethiopia’s opal foreign currency generation goes down 5 folds

By Eyasu Zekarias Despite the country’s opal production increase by seven folds, the foreign currency generation sinks five times than in previous years. Ethiopia which is...