Enat Bank Share Company and Eziti Information Service PLC have signed a strategic partnership to create jobs, especially for women. The agreement has been signed by Enat Bank and Eziti Information Service PLC on Thursday at Intercontinental Addis. Eziti will recruit job seekers and provide trainings to them. It will also address complaints which will…
Peter Ndegwa CEO Safaricom, speaking at a media showcase for the launch of the company’s 5G service in Kenya, March 26, 2021.
Bank of Abyssinia (BoA) signed a contract with China State Construction and Engineering Corporation (CSCEC) for the construction of its new headquarters. The agreement was signed on Thursday at Hyatt Regency Hotel. BoA future headquarters buildings project is like a vertical city that fully meets the demands of all functions and gives visitors an extraordinary…
Ministry of Agriculture said that Ethiopia has garnered a record breaking $1 billion from Coffee export earnings in ten months of the current fiscal year. Oumer Hussein, Minister of Agriculture, has congratulated “Coffee families” on the achievement in his tweet on Thursday. China has once again emerged as the top buyer of Ethiopian coffee, and…
Bunna Bank Share Company has awarded its customers, who are working in mass and freight transport services. The awards have been presented to Bank’s 34 lucky customers on Thursday in a program held at Ghion Hotel. This round of “Save and get prized” program has been held for the sixth time. The awards the Bank…
Yared Hailemeskel, an Investment Advisor, told Ethiopian Banks to protect themselves from the threats of financial liberalization. The Advisor has presented his survey findings regarding the financial sector liberalization on the fifth edition of the East African Finance Summit on Wednesday. Ethiopian Banks have lower capital; less developed in technological aspects and banking services, said…
Association of Ethiopian Insurers (AEI) said that the absence of insurance development policy, which should have to be prepared by the government, poses a challenge to the growth of the industry. Yared Molla, President of AEI said during the fifth edition of East Africa Finance Summit on Wednesday that an absence of such a policy…
The National Macroeconomic Council, which is led by Prime Minister Abiy Ahmed (PhD), said Tuesday that Ethiopia’s economy will grow at a rate of 6.6% in this Ethiopian fiscal year despite the challenges the economy has been facing. Members of the Council has discussed on the nine months macroeconomic performance of the country on Tuesday….
Ethiopian Investment Commission (EIC) announced Tuesday that the country has attracted a Foreign Direct Investment (FDI) of $2.43 billion in nine months of the current fiscal year. Lelisse Neme, Commissioner of EIC said in a presser on Tuesday that the plan was to attract FDI of $3.63 billion in nine months. The FDI amount registered…
The fifth edition of the East Africa Finance Summit is to be held on Wednesday, May 11, 2022 at the United Nations Economic Commission for Africa (UNECA) Conference Center in Addis Abeba. This year’s summit is organized with the theme of “Reshaping the Future of Finance Sector in the Age of Disruption”, according to i-Capital…
