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Ethiopia’s economy will expand by 7.5% : PM Abiy
Spread the NewsPrime Minister Abiy Ahmed (PhD) said Tuesday that Ethiopia’s economic growth is expected to expand by 7.5% in the 2022/23 fiscal year. He responded to Members of Parliament (MPs) that the projection shows 1.1% point improvement in economic growth rate registered the previous year. Prime Minister Abiy said: “Ethiopia’s economy held up under…
“We plan to create 100 thousand jobs in five years” An interview with Habtamu Tadesse, Founder and CEO of ArifPay, a fintech company
Spread the NewsHabtamu is also a founder of ZayRide, an app-based taxi-hailing service. ArifPay is a mobile point of sale system which will allow ATM cardholders to make electronic transactions via their smartphones. The company intends to launch M-POS and gateway-related digital financial products. It aims to allow people to use their mobile phones for…
At CoM2022, experts address effects of Russia-Ukraine crisis on Africa
Spread the NewsThe ECA Sub-Regional Office for Southern (SRO-SA) in collaboration with the Angolan Government and the United Nations Resident Coordinator’s Office in Angola held a side event at the margins of the 54th session of the ECA Conference of African Ministers of Finance, Planning and Economic Development to offer African countries a platform for…
Dashen Bank profits 2.4 bln Birr before tax
Spread the NewsDashen Bank, among the most profitable banks in Ethiopia, has reported an annual profit of 2.4 billion Birr before tax during the financial year concluded on July 2021. Dashen mobilized 21.1 billion Birr in deposits, and its total deposit has reached 74.6 billion Birr, which registered 39.4 percent increase from last year’s performance,…
Haile Gebresilassie on how he thrived as an entrepreneur
Spread the NewsHaile Gebresilassie is a legendary athlete and a symbol of inspiration locally and at the international stage. He has won multiple of world and Olympic titles. He is an athlete turned entrepreneur. He gives a testimony that both professions are similar in some aspects. But for him most of the disciplines in these…
Helloo market plans creating 45 thousand jobs in five years
Spread the NewsHelloo market, a full-fledged e-commerce platform (https://helloomarket.com) has planned creating 45 thousand direct and indirect jobs in five years. As part of the plan, 15 thousand service provider machines will be installed in the rural parts to create jobs to thousands, according to the company. These movable machines operate from a power of…