PM Abiy Announces Nuclear Energy Initiative to Complement GERD
Ethiopia is set to embark on a major nuclear energy initiative, a move aimed at diversifying the nation’s power sources and accelerating its technological development. The plan, announced by Prime Minister Abiy Ahmed during a ceremony at the Grand Ethiopian Renaissance Dam (GERD)...
Source - Official Speech at GERD
Full Article - https://telegra.ph/PM-Abiy-Announces-Nuclear-Energy-Initiative-to-Complement-GERD-09-09
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Ethiopia is set to embark on a major nuclear energy initiative, a move aimed at diversifying the nation’s power sources and accelerating its technological development. The plan, announced by Prime Minister Abiy Ahmed during a ceremony at the Grand Ethiopian Renaissance Dam (GERD)...
Source - Official Speech at GERD
Full Article - https://telegra.ph/PM-Abiy-Announces-Nuclear-Energy-Initiative-to-Complement-GERD-09-09
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Safaricom Deepens Ethiopia Push With M-PESA Global Payments Hire
Safaricom Plc’s Ethiopian unit is accelerating its push into the lucrative remittances market, seeking a product manager to lead the expansion of its M-PESA international money transfer and global payments business
Source - Safaricom
Full Article - https://telegra.ph/Safaricom-Deepens-Ethiopia-Push-With-M-PESA-Global-Payments-Hire-09-09
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Safaricom Plc’s Ethiopian unit is accelerating its push into the lucrative remittances market, seeking a product manager to lead the expansion of its M-PESA international money transfer and global payments business
Source - Safaricom
Full Article - https://telegra.ph/Safaricom-Deepens-Ethiopia-Push-With-M-PESA-Global-Payments-Hire-09-09
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Ethiopia Taps Nigerian Expertise to Boost Infrastructure Finance
The Ethiopian Capital Market Authority (ECMA) and Nigeria's InfraCredit have signed a Memorandum of Understanding (MoU) to establish a credit guarantee facility in Ethiopia. This partnership aims to unlock long-term local currency financing for critical infrastructure projects by mitigating risk for investors
Source - Ethiopian Capital Market Authority
Full Article - https://telegra.ph/Ethiopia-Taps-Nigerian-Expertise-to-Boost-Infrastructure-Finance-09-10
The Ethiopian Capital Market Authority (ECMA) and Nigeria's InfraCredit have signed a Memorandum of Understanding (MoU) to establish a credit guarantee facility in Ethiopia. This partnership aims to unlock long-term local currency financing for critical infrastructure projects by mitigating risk for investors
Source - Ethiopian Capital Market Authority
Full Article - https://telegra.ph/Ethiopia-Taps-Nigerian-Expertise-to-Boost-Infrastructure-Finance-09-10
Ethiopia Partners with Africa50 to Scale Up Green Infrastructure
Ethiopia is accelerating its push for private investment in green infrastructure, strengthening partnerships with investment platform Africa50 and advisory firm Cygnum Capital. Led by the Ministry of Finance, the collaboration aims to utilize the...
Source - Ministry of Finance
Full Article - https://telegra.ph/Ethiopia-Partners-with-Africa50-to-Scale-Up-Green-Infrastructure-09-10
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Ethiopia is accelerating its push for private investment in green infrastructure, strengthening partnerships with investment platform Africa50 and advisory firm Cygnum Capital. Led by the Ministry of Finance, the collaboration aims to utilize the...
Source - Ministry of Finance
Full Article - https://telegra.ph/Ethiopia-Partners-with-Africa50-to-Scale-Up-Green-Infrastructure-09-10
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Africa Climate Summit Ends With Billions Pledged for Local Action
The second Africa Climate Summit concluded with the adoption of the Addis Ababa Declaration and the launch of two major financing initiatives aimed at channeling billions of dollars into climate action across the continent.
Source - Africa Climate Summit
Full Article - https://telegra.ph/Africa-Climate-Summit-Ends-With-Billions-Pledged-for-Local-Action-09-12
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The second Africa Climate Summit concluded with the adoption of the Addis Ababa Declaration and the launch of two major financing initiatives aimed at channeling billions of dollars into climate action across the continent.
Source - Africa Climate Summit
Full Article - https://telegra.ph/Africa-Climate-Summit-Ends-With-Billions-Pledged-for-Local-Action-09-12
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Ethiopia Raises Capital Bar for Coffee Exporters to Bolster Sector
Ethiopia is raising the financial bar for its crucial coffee export sector, issuing a new directive that requires business associations to show 20 million Birr in initial capital to qualify for an exporter’s certificate of competence. The measure is designed to ensure that new entrants into the market are well-capitalized and capable of handling the operational demands of international trade.
Source - Ethiopian Coffee and Tea Authority
Full Article - https://telegra.ph/Ethiopia-Raises-Capital-Bar-for-Coffee-Exporters-to-Bolster-Sector-09-12
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Ethiopia is raising the financial bar for its crucial coffee export sector, issuing a new directive that requires business associations to show 20 million Birr in initial capital to qualify for an exporter’s certificate of competence. The measure is designed to ensure that new entrants into the market are well-capitalized and capable of handling the operational demands of international trade.
Source - Ethiopian Coffee and Tea Authority
Full Article - https://telegra.ph/Ethiopia-Raises-Capital-Bar-for-Coffee-Exporters-to-Bolster-Sector-09-12
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 12, 2025.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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Zemen Bank Joins EIB Program to Champion Green Finance in Ethiopia
Zemen Bank has signed a technical assistance agreement with the European Investment Bank (EIB) to bolster its capacity in climate finance and environmental risk management. The partnership, part of the EIB's "Greening Financial Systems Program," will provide Zemen Bank with tailored support to integrate climate-related risks into its business strategies and daily operations.
Source - Zemen Bank
Full Article - https://telegra.ph/Zemen-Bank-Joins-EIB-Program-to-Champion-Green-Finance-in-Ethiopia-09-13
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Zemen Bank has signed a technical assistance agreement with the European Investment Bank (EIB) to bolster its capacity in climate finance and environmental risk management. The partnership, part of the EIB's "Greening Financial Systems Program," will provide Zemen Bank with tailored support to integrate climate-related risks into its business strategies and daily operations.
Source - Zemen Bank
Full Article - https://telegra.ph/Zemen-Bank-Joins-EIB-Program-to-Champion-Green-Finance-in-Ethiopia-09-13
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 13, 2025.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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Ethiopia Launches Next Phase of Agricultural Commercialization Program
Ethiopia has officially launched the second phase of its flagship Agricultural Commercialization Clusters (ACC) Program, a climate-smart and inclusive initiative aimed at transforming the nation's agri-food sector. The program, known as ACC II, began implementation in July 2025 across nine regions, targeting 18 selected commodities.
Source - Agricultural Transformation Institute
Full Article - https://telegra.ph/Ethiopia-Launches-Next-Phase-of-Agricultural-Commercialization-Program-09-13
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Ethiopia has officially launched the second phase of its flagship Agricultural Commercialization Clusters (ACC) Program, a climate-smart and inclusive initiative aimed at transforming the nation's agri-food sector. The program, known as ACC II, began implementation in July 2025 across nine regions, targeting 18 selected commodities.
Source - Agricultural Transformation Institute
Full Article - https://telegra.ph/Ethiopia-Launches-Next-Phase-of-Agricultural-Commercialization-Program-09-13
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Equity Bank Signals Imminent Entry into Ethiopian Market
Kenyan financial giant Equity Bank is moving forward with plans to enter Ethiopia’s recently liberalized banking sector, signaling a major milestone for the nation's economic reforms.
Source - Ethiopian Investment Commission
Full Article - https://telegra.ph/Equity-Bank-Signals-Imminent-Entry-into-Ethiopian-Market-09-13
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Kenyan financial giant Equity Bank is moving forward with plans to enter Ethiopia’s recently liberalized banking sector, signaling a major milestone for the nation's economic reforms.
Source - Ethiopian Investment Commission
Full Article - https://telegra.ph/Equity-Bank-Signals-Imminent-Entry-into-Ethiopian-Market-09-13
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Ethiopia's Capital Market Faces Critical Registration Deadline
Ethiopia's emerging capital market is rapidly approaching a crucial deadline that will require hundreds of share companies to formally register with the Ethiopian Capital Market Authority (ECMA) by November 13, 2025.
Source - Ethiopian Capital Market Authority
Full Article - https://telegra.ph/Ethiopias-Capital-Market-Faces-Critical-Registration-Deadline-09-13
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Ethiopia's emerging capital market is rapidly approaching a crucial deadline that will require hundreds of share companies to formally register with the Ethiopian Capital Market Authority (ECMA) by November 13, 2025.
Source - Ethiopian Capital Market Authority
Full Article - https://telegra.ph/Ethiopias-Capital-Market-Faces-Critical-Registration-Deadline-09-13
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Ethiopia University Entry Rate Inches Up to 8.4% Amid Reforms
Ethiopia’s university entrance rate saw a modest increase as 8.4% of students who sat for the national 12th-grade exam scored a passing mark of 50% or higher, according to results announced by Minister of Education Birhanu Nega on Sunday.
Source - Ministry of Education
Full Article - https://telegra.ph/Ethiopia-University-Entry-Rate-Inches-Up-to-84-Amid-Reforms-09-15
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Ethiopia’s university entrance rate saw a modest increase as 8.4% of students who sat for the national 12th-grade exam scored a passing mark of 50% or higher, according to results announced by Minister of Education Birhanu Nega on Sunday.
Source - Ministry of Education
Full Article - https://telegra.ph/Ethiopia-University-Entry-Rate-Inches-Up-to-84-Amid-Reforms-09-15
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UK Backs Ethiopian AI Push With £4.6 Million Grant
The United Kingdom has launched a £4.6 million grant to accelerate the adoption of responsible artificial intelligence in Ethiopia, aiming to bolster economic and social development. The "EthiopiAI Programme," managed by the Foreign, Commonwealth & Development Office (FCDO), will fund the creation and rollout of AI solutions in critical sectors, positioning Ethiopia to leverage emerging technology for public services.
Source - Foreign, Commonwealth and Development Office
Full Article - https://telegra.ph/UK-Backs-Ethiopian-AI-Push-With-46-Million-Grant-09-15
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The United Kingdom has launched a £4.6 million grant to accelerate the adoption of responsible artificial intelligence in Ethiopia, aiming to bolster economic and social development. The "EthiopiAI Programme," managed by the Foreign, Commonwealth & Development Office (FCDO), will fund the creation and rollout of AI solutions in critical sectors, positioning Ethiopia to leverage emerging technology for public services.
Source - Foreign, Commonwealth and Development Office
Full Article - https://telegra.ph/UK-Backs-Ethiopian-AI-Push-With-46-Million-Grant-09-15
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 15, 2025.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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Ethiopia Opens Waterways to Investment With Duty-Free Boat Imports
Ethiopia is moving to unlock its significant lake tourism potential, authorizing a one-year duty- and tax-free window for the import of motorboats. The directive, issued by the Ministry of Finance in mid-September 2025, is designed to stimulate private investment in water-based tourism, transport, and fishing across the nation's more than 20 major lakes.
Source - Ministry of Finance
Full Article - https://telegra.ph/Ethiopia-Opens-Waterways-to-Investment-With-Duty-Free-Boat-Imports-09-15
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Ethiopia is moving to unlock its significant lake tourism potential, authorizing a one-year duty- and tax-free window for the import of motorboats. The directive, issued by the Ministry of Finance in mid-September 2025, is designed to stimulate private investment in water-based tourism, transport, and fishing across the nation's more than 20 major lakes.
Source - Ministry of Finance
Full Article - https://telegra.ph/Ethiopia-Opens-Waterways-to-Investment-With-Duty-Free-Boat-Imports-09-15
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UNDP Targets Ethiopia's Low Insurance Uptake With New Program
The United Nations Development Programme (UNDP) is launching a new initiative to boost Ethiopia's insurance sector, aiming to improve financial literacy in a nation where insurance penetration was estimated at a mere 0.3% in 2022.
Source - United Nations Development Programme
Full Article - https://telegra.ph/UNDP-Targets-Ethiopias-Low-Insurance-Uptake-With-New-Program-09-16
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The United Nations Development Programme (UNDP) is launching a new initiative to boost Ethiopia's insurance sector, aiming to improve financial literacy in a nation where insurance penetration was estimated at a mere 0.3% in 2022.
Source - United Nations Development Programme
Full Article - https://telegra.ph/UNDP-Targets-Ethiopias-Low-Insurance-Uptake-With-New-Program-09-16
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Nib Bank Enters Digital Race With NIBtera Online Launch
Nib International Bank S.C. has launched "NIBtera Online," a new digital banking platform, as it pivots to a technology-centric strategy to reclaim market share in Ethiopia's competitive financial landscape. The launch is the first major initiative under the bank's new five-year transformation roadmap, signaling a significant push to modernize services and compete with both legacy banks and nimble fintech entrants.
Source - NIB International Bank
Full Article - https://telegra.ph/Nib-Bank-Enters-Digital-Race-With-NIBtera-Online-Launch-09-16
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Nib International Bank S.C. has launched "NIBtera Online," a new digital banking platform, as it pivots to a technology-centric strategy to reclaim market share in Ethiopia's competitive financial landscape. The launch is the first major initiative under the bank's new five-year transformation roadmap, signaling a significant push to modernize services and compete with both legacy banks and nimble fintech entrants.
Source - NIB International Bank
Full Article - https://telegra.ph/Nib-Bank-Enters-Digital-Race-With-NIBtera-Online-Launch-09-16
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 16, 2025.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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