Ethiopia
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in Short
Ethiopia : Dangote Group to boost cement production
Aliko Dangote, CEO of Dangote Group, has announced plans to expand the Mugher cement plant in Ethiopia, located 85 km…
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in Short
Ethiopia : Commercial Bank of Ethiopia exceeds $24.5 billion in deposits
The Commercial Bank of Ethiopia (CBE) has reached a historic milestone, surpassing 1.4 trillion birr ($24.5 billion) in total deposits,…
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in Short
Ethiopia : Safaricom hits 10.8 million M-Pesa users driven by airtime and data purchases
Safaricom Ethiopia’s M-Pesa users surged from 3.1 million to 10.8 million by the end of 2024, driven by increased airtime…
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in Short
Ethiopia : record exports in 2024/25
Ethiopia generated $2.6 billion in export revenue during the first five months of FY 2024/25, exceeding the $1.8 billion target.…
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in Short
Ethiopia : opening of the banking market to foreign investors
Ethiopian lawmakers have passed a long-awaited law allowing foreign banks to operate in the country, a key move to attract…
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Editorial
Changing visions of African Development : how Rwanda and Ethiopia tried to shape the future
By Barnaby Joseph Dye and Biruk TerrefeContemporary economic challenges in Africa appear to be shifting the continent into a new…
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Chronique du week-end
Cirkafrika 2024 : un voyage spectaculaire au cœur de l’Afrique
Le Cirque Phénix, acclamé pour ses performances époustouflantes, ouvre une nouvelle page de l’histoire du cirque avec Cirkafrika 2024. Après…
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in Short
Türkiye : Erdoğan to visit Ethiopia and Somalia in early 2025
Turkish President Recep Tayyip Erdoğan has announced plans to visit Ethiopia and Somalia in the first two months of 2025.…
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in Short
Ethiopia: Launch of a $3.28 Million project to develop vaccine production
Ethiopia has launched a $3.28 million project aimed at developing sustainable vaccine research and production capabilities. Led by UNOPS in…
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in Short
Ethiopia: $55 million generated through Bitcoin mining
In ten months, Ethiopia generated $55 million through bitcoin mining. Attracted by affordable electricity, 25 companies, mainly Chinese, have set…
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