Ethiopia
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in Short
Ethiopia: IFC and Wegagen Bank launch $10 million trade finance facility
On April 9, 2026, the International Finance Corporation and Wegagen Bank signed an agreement to establish a $10 million trade finance guarantee facility. Part…
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in Short
Ethiopia: Chairing the African Union Peace and Security Council
Ethiopia chairs the African Union Peace and Security Council, officially starting on April 7 at the African Union headquarters in Addis Ababa. The country…
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in Short
Invest in Ethiopia: $13.1B investment deals signed
According to an official statement from the Ethiopian Investment Commission, Ethiopia signed $13.1 billion in investment agreements on March 27 2026 at the…
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The month of record
Sewit Ahderom, an African at the helm of the Mastercard Foundation
“I am deeply honored to serve the mission of the Foundation,” said Sewit Ahderom, newly appointed President and CEO of…
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Career
Sewit Ahderom, an African at the helm of the Mastercard Foundation
“I am deeply honored to serve the mission of the Foundation,” said Sewit Ahderom, newly appointed President and CEO of…
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in Short
Ethiopia : Dangote signs $2.5 billion deal for a fertilizer plant
On August 28, 2025, Nigerian billionaire Aliko Dangote signed a $2.5 billion agreement with Ethiopian Investment Holdings (EIH) to build…
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The month of record
United Arab Emirates : East Africa, a strategic priority
On January 14, 2025, Kenya and the United Arab Emirates signed a Comprehensive Economic Partnership Agreement (CEPA), marking a turning…
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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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