Feature
‘Better safe than sorry’, stresses NBE over financial open up delays
The National Bank of Ethiopia (NBE) announces that despite the delays in the process to opening up the financial sector to foreign investors, the...
Feature
Digital lending schemes boom in Ethiopia, quadruple in magnitude
Digital lending takes a foothold in the loaning business as expansion quadruples in the first nine months of the 2022/23 financial year, in contrast...
Feature
Safaricom appoints former Ethiopian Ambassador as its Chief of External Affairs
Safaricom Ethiopia appoints Henok Teferra, Ethiopia’s former ambassador to France as its Chief External Affairs and Regulatory Officer replacing Matthew Harrison Hervey who left...
Feature
ESL forwards files to NBE to acquire two gigantic vessels
The Ethiopian Shipping and Logistics (ESL) under its new leadership, files its clarification for the second time to the National Bank of Ethiopia (NBE)...
Feature
Procurement authority urges suppliers to get on board the eGP platform, before it’s too late
The Public Procurement and Property Authority (PPPA) urges suppliers to take haste measures with regards to signing on to the electronic government procurement (eGP)...
Feature
ESL devices strategy for global markets breakthrough
The Ethiopian Shipping and Logistics (ESL) eyes local and international breakthrough as a new strategy is under works to expand its operation on new...
Feature
ESL concludes the swap process of the two tankers with ‘ultramax’
The Ethiopian Shipping and Logistics (ESL) concluded the swap process of the two tankers with ‘ultramax’ dry bulk carrier, a midsize vessel.
According to Wondwossen...
Feature
Ethiopia’s debt distress signaled to drop from its 9 year highs
The International Monetary Fund (IMF) forecasts that Ethiopia’s external debt GDP ratio will drop further unlike the previous estimation. The debt stock is said...
