News
$1.43 bln debt paid in the first 9 months of the fiscal year
Over $362 mln is interest, commission
A total of close to USD 1.43 billion debt has been recorded as service for external creditors in...
News
Ethio telecom launches its 4G LTE service in its South West Region
Ethio telecom which is aggressively upgrading its service and with its continues expansion of 4G LTE advanced network, has launched its LTE advanced service...
News
Global partnership for Ethiopia signs the historical telecom licensing agreement
Global partnership for Ethiopia signs the historical telecom licensing agreement with the government of Ethiopia on Tuesday June 8, 2021 to start its operation...
News
NBE board approves primary market directive
Securities exchange to begin in 2022
On its meeting on Thursday June 10, the Board of Directors of National Bank of Ethiopia (NBE) issued...
News
T-Bills register highs in quick succession
The fund collected through the Treasury bills (T bills) market, one of the primary money market instruments, registered the second highest ever amount within...
News
MoA drafts plan for bank formation
Aimed to support small and medium farmers’, the Ministry of Agriculture (MoA) submits its final draft plan to the micro economy team for the...
News
Private banks surpass public banks in capital
Construction and housing sector becomes top beneficiary
The public financial enterprises leave their dominance for the first time to the private banks in terms of...
News
Defense Forces narrows operation in Tigray
The law enforcement of operation of the National Defense force carried out in Tigray has concentrated its focus in two areas. The global claim...