ADDIS ABABA: The Ethiopian Development Bank and KFW, a leading promotional bank based in Germany, have reached an agreement to enhance their cooperation across various financial domains. The agreement aims to bolster financial support and collaborativ…
Month: October 2024
ESX Signs MoU with Nairobi Securities Exchange, iCapital Africa Institute for Regional Financial Markets
ADDIS ABABA: The Ethiopian Securities Exchange (ESX) has signed a landmark Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) and iCapital Africa Institute to expedite regional financial markets. This agreement aims to enhanc…
Ethiopia’s Economic Growth Offers Vast Potential for BRICS Investment, PM Abiy States
MOSCOW: Prime Minister Abiy Ahmed highlighted Ethiopia’s burgeoning economy as a lucrative opportunity for investment, economic collaboration, and trade, especially for BRICS nations, during a video address to the BRICS Business Forum’s plenary sessio…
Corridor Development Initiative Aims to Transform Addis Ababa into a Smart City
ADDIS ABABA: The ongoing corridor development project in Addis Ababa is being lauded for its potential to transform the city into a smart and hospitable urban environment, according to Eshetu Gelan, an Associate Professor, Researcher, and Lecturer of …
ECX Facilitates 5.3 Billion Birr Commodity Transactions, Exceeds Target by 17 Percent
ADDIS ABABA: The Ethiopian Commodity Exchange (ECX) has reported the successful transaction of commodities worth 5.3 billion Birr over the past three months, surpassing its target by 17 percent, officials announced.
According to Ethiopian News Agency…
Prime Minister Abiy Invites BRICS Investors to Explore Opportunities in Ethiopia
MOSCOW: Prime Minister Abiy Ahmed has extended an invitation to investors from BRICS nations to explore and capitalize on the investment opportunities available in Ethiopia, during his video address at the BRICS Business Forum in Moscow. The Prime Min…