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
@BusinessInfoEth
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
@BusinessInfoEth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 13, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
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
@BusinessInfoEth
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
@BusinessInfoEth
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
@Businessinfoeth
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
@Businessinfoeth
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
@businessinfoeth
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
@businessinfoeth
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
@BusinessInfoEth
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
@BusinessInfoEth
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
@Businessinfoeth
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
@Businessinfoeth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 15, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
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
@BusinessInfoEth
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
@BusinessInfoEth
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
@Businessinfoeth
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
@Businessinfoeth
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
@BusinessInfoEth
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
@BusinessInfoEth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 16, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Ethiopia Mandates Digital Registration to Overhaul Investor Services
The Ethiopian Investment Commission (EIC) has directed all existing investors to re-register on a new online platform by September 30, 2025, a critical step in its push to digitize the country's investment framework.
Source - Ethiopian Investment Holdings
Full Article - https://telegra.ph/Ethiopia-Mandates-Digital-Registration-to-Overhaul-Investor-Services-09-16
@businessinfoeth
The Ethiopian Investment Commission (EIC) has directed all existing investors to re-register on a new online platform by September 30, 2025, a critical step in its push to digitize the country's investment framework.
Source - Ethiopian Investment Holdings
Full Article - https://telegra.ph/Ethiopia-Mandates-Digital-Registration-to-Overhaul-Investor-Services-09-16
@businessinfoeth
AfDB Backs Ethiopia's ESX Transparency With $400k Tech Grant
The African Development Bank (AfDB) is injecting $400,000 into Ethiopia’s nascent capital market to build a digital public disclosure platform, a critical piece of infrastructure aimed at boosting transparency ahead of the Ethiopian Securities Exchange (ESX) launch.
Source - Ethiopian Capital Markets Authority
Full Article - https://telegra.ph/AfDB-Backs-Ethiopias-ESX-Transparency-With-400k-Tech-Grant-09-16
@businessinfoeth
The African Development Bank (AfDB) is injecting $400,000 into Ethiopia’s nascent capital market to build a digital public disclosure platform, a critical piece of infrastructure aimed at boosting transparency ahead of the Ethiopian Securities Exchange (ESX) launch.
Source - Ethiopian Capital Markets Authority
Full Article - https://telegra.ph/AfDB-Backs-Ethiopias-ESX-Transparency-With-400k-Tech-Grant-09-16
@businessinfoeth
Career Opportunity with Precision Development (PxD)
Precision Development (PxD) is hiring a Researcher/Senior Researcher (Ethiopia, India, or Kenya). This full-time role involves leading and supporting experimental research to strengthen digital agricultural services for smallholder farmers, with outputs like policy briefs, donor reports, and journal publications.
📌 PhD in economics, agri-economics, public policy, or related field required.
📌 Senior applicants: proven leadership in large research projects & fundraising.
Deadline: 13 Oct 2025, 6 PM EAT
Apply here: https://shorturl.at/CvXG3
@businessinfoeth
Precision Development (PxD) is hiring a Researcher/Senior Researcher (Ethiopia, India, or Kenya). This full-time role involves leading and supporting experimental research to strengthen digital agricultural services for smallholder farmers, with outputs like policy briefs, donor reports, and journal publications.
📌 PhD in economics, agri-economics, public policy, or related field required.
📌 Senior applicants: proven leadership in large research projects & fundraising.
Deadline: 13 Oct 2025, 6 PM EAT
Apply here: https://shorturl.at/CvXG3
@businessinfoeth
ESX Hits Pause on New Products, Cancels Key Bids
The Ethiopian Securities Exchange (ESX) has cancelled the procurement processes for establishing Commercial Paper and Real Estate Investment Trusts (REITs), signaling a potential delay or strategic shift in the rollout of key financial products for the nascent market.
Full Article- https://telegra.ph/ESX-Hits-Pause-on-New-Products-Cancels-Key-Bids-09-16
@Businessinfoeth
The Ethiopian Securities Exchange (ESX) has cancelled the procurement processes for establishing Commercial Paper and Real Estate Investment Trusts (REITs), signaling a potential delay or strategic shift in the rollout of key financial products for the nascent market.
Full Article- https://telegra.ph/ESX-Hits-Pause-on-New-Products-Cancels-Key-Bids-09-16
@Businessinfoeth
Siinqee Bank Goes Global With Mastercard Prepaid Card Launch
Siinqee Bank has launched a prepaid Mastercard, opening the door to international e-commerce and global payments for its customers and marking a significant step in its digital transformation. The bank, which evolved from a microfinance institution, also signed a five-year strategic alliance with Mastercard to expand digital payment solutions in Ethiopia, signaling a deeper push to capture market share in the country’s rapidly evolving financial sector.
Full Article - https://telegra.ph/Siinqee-Bank-Goes-Global-With-Mastercard-Prepaid-Card-Launch-09-17
@Businessinfoeth
Siinqee Bank has launched a prepaid Mastercard, opening the door to international e-commerce and global payments for its customers and marking a significant step in its digital transformation. The bank, which evolved from a microfinance institution, also signed a five-year strategic alliance with Mastercard to expand digital payment solutions in Ethiopia, signaling a deeper push to capture market share in the country’s rapidly evolving financial sector.
Full Article - https://telegra.ph/Siinqee-Bank-Goes-Global-With-Mastercard-Prepaid-Card-Launch-09-17
@Businessinfoeth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 18, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Ethiopia Targets $9.4 Billion in Exports Amid Economic Reforms
Ethiopia has set an ambitious export revenue target of $9.4 billion for the 2025/26 fiscal year, an increase of over 13% from the $8.3 billion anticipated in the current 2024/25 period. This goal underscores the government's strategy to leverage its agricultural and emerging industrial sectors to bolster foreign currency reserves and drive economic growth.
Full Article - https://telegra.ph/Ethiopia-Targets-94-Billion-in-Exports-Amid-Economic-Reforms-09-18
@BusinessInfoEth
Ethiopia has set an ambitious export revenue target of $9.4 billion for the 2025/26 fiscal year, an increase of over 13% from the $8.3 billion anticipated in the current 2024/25 period. This goal underscores the government's strategy to leverage its agricultural and emerging industrial sectors to bolster foreign currency reserves and drive economic growth.
Full Article - https://telegra.ph/Ethiopia-Targets-94-Billion-in-Exports-Amid-Economic-Reforms-09-18
@BusinessInfoEth
Ethiopia Sets Jan. 13 Deadline for Bank Resilience Plans
Ethiopia's central bank has mandated that all banks operating in the country develop and submit comprehensive recovery plans by January 13, 2026, a landmark move to fortify the financial sector against severe economic shocks.
Full Article - https://telegra.ph/Ethiopia-Sets-Jan-13-Deadline-for-Bank-Resilience-Plans-09-18
@Businessinfoeth
Ethiopia's central bank has mandated that all banks operating in the country develop and submit comprehensive recovery plans by January 13, 2026, a landmark move to fortify the financial sector against severe economic shocks.
Full Article - https://telegra.ph/Ethiopia-Sets-Jan-13-Deadline-for-Bank-Resilience-Plans-09-18
@Businessinfoeth