Business
Ethiopia Approves 2.34 Trillion Birr Federal Budget for 2026/27 Fiscal Year
Ethiopia's House of People's Representatives has approved a 2.34 trillion birr federal budget for the 2019 Ethiopian fiscal year (2026/27),...
Read moreDetailsVodacom Completes $2.1 Billion Deal to Take Majority Stake in Safaricom
Vodacom Group has completed its acquisition of an additional 20% effective stake in Safaricom, increasing its ownership to approximately 55%...
Read moreDetailsEthiopia Targets $6 Billion in Coffee Export Earnings by 2031 After Record $3 Billion Season
Ethiopia has set an ambitious target to double its annual coffee export earnings to $6 billion by 2031 after generating...
Read moreDetails
AFC Commits $600 Million to Dangote’s Expansion, Including New Fertilizer Plant in Ethiopia
The African Finance Corporation (AFC) has committed $600 million to support the Dangote Group’s ambitious $7 billion expansion program aimed...
Read moreDetailsCommercial Bank of Ethiopia and Ethiopian Insurance Corporation Sign Agreement to Support Farmers Through Integrated Credit and Insurance Services
The Commercial Bank of Ethiopia (CBE) and the Ethiopian Insurance Corporation (EIC) have entered into a strengthened partnership agreement aimed...
Read moreDetailsYango Expands Ride-Hailing Service to Hawassa, Marking First Launch Outside Addis Ababa
Ride-hailing company Yango has expanded its operations to Hawassa, becoming the first city outside Addis Ababa to host the service...
Read moreDetailsAfrica Finance Corporation Secures Record $2 Billion Syndicated Loan to Accelerate Infrastructure Investment
Africa Finance Corporation (AFC) has successfully raised a record $2 billion syndicated loan, marking the largest syndicated financing transaction in...
Read moreDetailsSafaricom Ethiopia Seeks Up to $150 Million IFC-Backed Birr Loan Amid Domestic Credit Constraints
Safaricom Ethiopia is negotiating a new local-currency financing facility of between $100 million and $150 million with the International Finance...
Read moreDetailsEthiopia Introduces New Franco Valuta Import Framework for Selected Goods
The National Bank of Ethiopia (NBE) has introduced a new directive governing imports made under the Franco Valuta system, aiming...
Read moreDetailsEthio telecom, AfDB Deepen Partnership to Finance Ethiopia’s Digital Expansion
Ethio telecom and the African Development Bank are advancing discussions on major strategic financing and infrastructure partnerships aimed at accelerating...
Read moreDetails- Trending
- Comments
- Latest
Empower individuals with the knowledge and tools necessary for successful participation in the Ethiopian Capital Market.
EXPLORE
Mobile Apps
StockMarket Weekly
Stockmarket.et covers economy, business, finance and capital market.