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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

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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

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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

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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

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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

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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 18, 2025.

Source - Commercial Bank of Ethiopia
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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

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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

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Unilever Seeks Supply Chain Finance Head to Bolster Ethiopia Ops

Unilever is recruiting a Supply Chain Finance Business Partner in Addis Ababa to tighten cost controls and drive efficiency in its Ethiopian operations, a strategic move to strengthen its position in the country's competitive fast-moving consumer goods (FMCG) market.

Full Article - https://telegra.ph/Unilever-Seeks-Supply-Chain-Finance-Head-to-Bolster-Ethiopia-Ops-09-18

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ESX Seeks Top Comms Firms for Investor Education Blitz

The Ethiopian Securities Exchange (ESX) has initiated a search for top-tier communications firms to lead a nationwide public awareness and investor education campaign, a critical step to ensure a successful launch of the country's first-ever capital market.

Full Article - https://telegra.ph/ESX-Seeks-Top-Comms-Firms-for-Investor-Education-Blitz-09-19

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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 19, 2025.

Source - Commercial Bank of Ethiopia
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Ethiopia’s Tax Take Shrinks to 7.5% Despite Economic Growth

Ethiopia's tax-to-GDP ratio has collapsed to a multi-year low of 7.5%, down from 12.4% in the 2014/15 fiscal year, creating a significant fiscal challenge for the government despite a period of economic expansion.

Full Article - https://telegra.ph/Ethiopias-Tax-Take-Shrinks-to-75-Despite-Economic-Growth-09-19

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Ethiopia Regulator to Launch Investor Education Blitz

The Ethiopian Capital Market Authority (ECMA) will begin airing a series of educational programs on Monday, September 22, in a critical move to build public understanding ahead of the launch of the nation's first securities exchange.

Full Article - https://telegra.ph/Ethiopia-Regulator-to-Launch-Investor-Education-Blitz-09-19

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Eyob Tekalign Tapped to Lead Ethiopia’s Central Bank

Dr. Eyob Tekalign, a State Minister of Finance and a central figure in Ethiopia's recent economic reforms, has been appointed as the new Governor of the National Bank of Ethiopia (NBE). The appointment signals a commitment to policy continuity, placing a seasoned negotiator with deep ties to international financial institutions at the helm of the central bank at a critical juncture for the nation's economy.

Full Article - https://telegra.ph/Eyob-Tekalign-Tapped-to-Lead-Ethiopias-Central-Bank-09-19

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CBE to Halt Digital Services for Major System Upgrade

The Commercial Bank of Ethiopia (CBE), the nation's largest bank, will suspend all digital and core banking services for over 12 hours for a major system overhaul on Sunday and Monday.

Full Article - https://telegra.ph/CBE-to-Halt-Digital-Services-for-Major-System-Upgrade-09-20

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ESX Appoints New Board to Guide Post-Launch Growth

The Ethiopian Securities Exchange (ESX) has appointed an 11-member board of directors, establishing a permanent governance structure to steer the market's next phase of development following its recent operational launch.

Full Article - https://telegra.ph/ESX-Appoints-New-Board-to-Guide-Post-Launch-Growth-09-20

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Career Opportunity: Digital Financial Services Officer

Nisir Microfinance S.C seeks a DFS Officer in Addis Ababa to support digital operations, monitor performance, handle customer/branch inquiries, and boost DFS penetration.

Requirements:

BA in Accounting, Management, or related field
Minimum 2 years’ relevant experience
Strong analytical, problem-solving, and MS Office skills

Deadline: September 27, 2025 (5:00 PM)
Apply: Send your application to [email protected] with the job title in the subject line.

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The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 22, 2025.

Source - Commercial Bank of Ethiopia

@BusinessInfoEth
Ethiopia Bets on Maritime Muscle With Six-Ship Fleet Expansion

Ethiopia is making a significant investment in its maritime capabilities, acquiring six new cargo ships to bolster the national fleet and assert greater control over its trade logistics. The state-owned Ethiopian Shipping and Logistics Services Enterprise (ESLSE) confirmed the phased acquisition...

Full Article - https://telegra.ph/Ethiopia-Bets-on-Maritime-Muscle-With-Six-Ship-Fleet-Expansion-09-22

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2025/10/21 10:35:28
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