DEG invests in mobile money technology provider, M-BIRR, in Ethiopia
DEG, a subsidiary of Cologne-based KfW, finances direct investments in developing and emerging market countries in order to make a sustainable contribution to advancing their […]
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Statement by Finland’s President Sauli Niinistö at “She for Business” Women’s Economic Empowerment event in Addis Ababa
Statement by President of the Republic of Finland Sauli Niinistö at the high-level event on Women’s Economic Empowerment, “She for Business”, Addis Ababa, 15 October […]
VIDEO: Mobile money revolution hits Ethiopia
Amid the rapid growth of mobile money services, Ethiopia’s M-Birr wants to achieve the same sort of ubiquity as Kenya’s M-Pesa, bringing financial services to […]
Ethiopia: Racing to become a leader in digitally-enabled financial inclusion
Ethiopia challenges many of our assumptions as it creates its own digital finance ecosystem, say Microfinance Gateway contributors By Shelley Spencer, Mandana Nakhai & Faith Bartz […]
Who is Tassew Woldehanna Kahsay, PhD: The 11th President of Addis Ababa University?
The Ministry of Education has elected Professor Tassew Woldehanna Kahsay as the 11th President of Addis Ababa University (AAU) on February 11, 2018. Who is […]
Mobile money: Where Ethiopia leads Europe
Apart from a few countries where mobile banking (or mobile money) has taken hold, the continent still relies heavily on cash payments. M-Birr aims to […]
Debub Global Bank reaches paid up capital of ETB 500 million and registers a profit of ETB 67.7 million
Established in August 2012, Debub Global Bank the has grown from 138.9 million to 504million birr of paid up capital, from 15 to 35 branches […]
WorldRemit Launches Cash Pickup Services in Ethiopia
WorldRemit, founded by Ismail Ahmed, is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet. […]
Ethiopia’s Year-on-Year Inflation Rises to 7.0 Percent in November
Addis Ababa (ENA)– Ethiopia’s year-on-year inflation rose to 7.0 percent in November from 5.6 percent the previous month, because of a rise in the price […]
Heineken Ethiopia to Claim No. 1 Production Capacity
Heineken Ethiopia is set to inaugurate its one year expansion project executed at a total cost of 2.4 billion Br. The project will give the […]