The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 25, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Ethiopia Joins ‘Mission 300’ to Fast-Track Power Connections
Ethiopia has joined 16 other African nations in a major World Bank and African Development Bank-led initiative to connect 300 million people to electricity by 2030, a massive undertaking aimed at closing the continent's vast energy gap.
Full Article - https://telegra.ph/Ethiopia-Joins-Mission-300-to-Fast-Track-Power-Connections-09-25
@Businessinfoeth
Ethiopia has joined 16 other African nations in a major World Bank and African Development Bank-led initiative to connect 300 million people to electricity by 2030, a massive undertaking aimed at closing the continent's vast energy gap.
Full Article - https://telegra.ph/Ethiopia-Joins-Mission-300-to-Fast-Track-Power-Connections-09-25
@Businessinfoeth
ECX Goes Digital With 12.5 Billion Birr E-Payment System Launch
The Ethiopia Commodity Exchange (ECX) has launched a new electronic payment system, a major milestone in its push to modernize the country's agricultural trading infrastructure and enhance market efficiency.
Full Article - https://telegra.ph/ECX-Goes-Digital-With-125-Billion-Birr-E-Payment-System-Launch-09-25
@businessinfoeth
The Ethiopia Commodity Exchange (ECX) has launched a new electronic payment system, a major milestone in its push to modernize the country's agricultural trading infrastructure and enhance market efficiency.
Full Article - https://telegra.ph/ECX-Goes-Digital-With-125-Billion-Birr-E-Payment-System-Launch-09-25
@businessinfoeth
Unsure how to start with AI?
Our AI Readiness, Implementation & Strategic Execution Framework guides you every step of the way.
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https://shorturl.at/rSeus
Our AI Readiness, Implementation & Strategic Execution Framework guides you every step of the way.
Assess your AI readiness, implement solutions with confidence, align AI with your strategic goals, and future-proof your business for competitive growth.
Get started today! Available now on:
Flevy: AI Readiness, Implementation and Strategic Execution Framework
https://shorturl.at/rSeus
Ethiopia Taps Rosatom for First Nuclear Plant in Hydro Pivot
Ethiopia signed a cooperation roadmap with Russia's state-owned Rosatom on Sept. 25 to develop its first nuclear power plant, a landmark pivot to diversify an energy grid almost entirely dependent on hydropower
Full Article - https://telegra.ph/Ethiopia-Taps-Rosatom-for-First-Nuclear-Plant-in-Hydro-Pivot-09-26
@businessinfoeth
Ethiopia signed a cooperation roadmap with Russia's state-owned Rosatom on Sept. 25 to develop its first nuclear power plant, a landmark pivot to diversify an energy grid almost entirely dependent on hydropower
Full Article - https://telegra.ph/Ethiopia-Taps-Rosatom-for-First-Nuclear-Plant-in-Hydro-Pivot-09-26
@businessinfoeth
Ethiopia: Free Training on Gender Equality in Business
The Ethiopian Securities Exchange, in partnership with FSD Ethiopia, UN SSE, and the World Bank, will host a free CPD-certified two-part online training on Gender Equality in Business. The sessions are scheduled for Monday, 6 October 2025, and Wednesday, 8 October 2025 (10:00–12:00 Addis Ababa time).
Full Article - https://telegra.ph/Ethiopia--Free-Training-on-Gender-Equality-in-Business-09-26
@businessinfoeth
The Ethiopian Securities Exchange, in partnership with FSD Ethiopia, UN SSE, and the World Bank, will host a free CPD-certified two-part online training on Gender Equality in Business. The sessions are scheduled for Monday, 6 October 2025, and Wednesday, 8 October 2025 (10:00–12:00 Addis Ababa time).
Full Article - https://telegra.ph/Ethiopia--Free-Training-on-Gender-Equality-in-Business-09-26
@businessinfoeth
Ethiopia’s Interbank Market Hits 1 Trillion Birr Milestone
Ethiopia's interbank money market has surpassed 1 trillion birr in total traded volume since its inception, a landmark milestone that signals growing liquidity and trust in the country's nascent financial architecture. The market, which allows banks to lend to each other for short-term needs...
Full Article - https://telegra.ph/Ethiopias-Interbank-Market-Hits-1-Trillion-Birr-Milestone-09-26
@businessinfoeth
Ethiopia's interbank money market has surpassed 1 trillion birr in total traded volume since its inception, a landmark milestone that signals growing liquidity and trust in the country's nascent financial architecture. The market, which allows banks to lend to each other for short-term needs...
Full Article - https://telegra.ph/Ethiopias-Interbank-Market-Hits-1-Trillion-Birr-Milestone-09-26
@businessinfoeth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 29, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Ethiopia to Levy New Taxes on Fuel, Driving Prices Higher
Ethiopia is set to impose a combined 30% tax on petroleum products, a major fiscal policy shift that will significantly increase fuel prices for consumers and businesses across the country. The new measure, which includes a 15% Value Added Tax (VAT) and a 15% excise duty...
https://telegra.ph/Ethiopia-to-Levy-New-Taxes-on-Fuel-Driving-Prices-Higher-09-29
@businessinfoeth
Ethiopia is set to impose a combined 30% tax on petroleum products, a major fiscal policy shift that will significantly increase fuel prices for consumers and businesses across the country. The new measure, which includes a 15% Value Added Tax (VAT) and a 15% excise duty...
https://telegra.ph/Ethiopia-to-Levy-New-Taxes-on-Fuel-Driving-Prices-Higher-09-29
@businessinfoeth
Ethiopia Holds Key Rate at 15%, Raises Credit Cap to 24%
The National Bank of Ethiopia (NBE) held its main interest rate steady at 15% but opted to raise the credit growth ceiling for banks, signaling a cautious recalibration of its tight monetary policy. The Monetary Policy Committee (MPC) on Sept. 29 raised the credit growth target to 24% for the 2025/26 fiscal year, up from 18%, a move designed to support economic activity while still battling inflation that stood at 13.6% in August.
https://telegra.ph/Ethiopia-Holds-Key-Rate-at-15-Raises-Credit-Cap-to-24-09-29
@businessinfoeth
The National Bank of Ethiopia (NBE) held its main interest rate steady at 15% but opted to raise the credit growth ceiling for banks, signaling a cautious recalibration of its tight monetary policy. The Monetary Policy Committee (MPC) on Sept. 29 raised the credit growth target to 24% for the 2025/26 fiscal year, up from 18%, a move designed to support economic activity while still battling inflation that stood at 13.6% in August.
https://telegra.ph/Ethiopia-Holds-Key-Rate-at-15-Raises-Credit-Cap-to-24-09-29
@businessinfoeth
Mastercard Foundation Taps Tech Leader Sewit Ahderom as New CEO
The Mastercard Foundation has appointed seasoned technology executive Sewit Ahderom as its next President and CEO, a strategic move signaling a deeper integration of digital innovation into its development work in Africa. Ahderom, who will assume the role on January 1, 2026...
https://telegra.ph/Mastercard-Foundation-Taps-Tech-Leader-Sewit-Ahderom-as-New-CEO-09-29
@businessinfo
The Mastercard Foundation has appointed seasoned technology executive Sewit Ahderom as its next President and CEO, a strategic move signaling a deeper integration of digital innovation into its development work in Africa. Ahderom, who will assume the role on January 1, 2026...
https://telegra.ph/Mastercard-Foundation-Taps-Tech-Leader-Sewit-Ahderom-as-New-CEO-09-29
@businessinfo
Italy Injects €4.1 Million to Rebuild Shire, Gondar Hospitals
Italy has committed €4.1 million to rehabilitate and strengthen healthcare services in the conflict-affected cities of Shire and Gondar, a targeted investment to restore critical public services in the Tigray and Amhara regions.
https://telegra.ph/Italy-Injects-41-Million-to-Rebuild-Shire-Gondar-Hospitals-09-30
@businessinfoeth
Italy has committed €4.1 million to rehabilitate and strengthen healthcare services in the conflict-affected cities of Shire and Gondar, a targeted investment to restore critical public services in the Tigray and Amhara regions.
https://telegra.ph/Italy-Injects-41-Million-to-Rebuild-Shire-Gondar-Hospitals-09-30
@businessinfoeth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of September 30, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Ethiopia Enters Formal Talks on $1 Billion Bond Restructuring
Ethiopia has officially entered formal negotiations with holders of its $1 billion Eurobond, a critical step in its effort to finalize a comprehensive debt restructuring under the G20 Common Framework.
https://telegra.ph/Ethiopia-Enters-Formal-Talks-on-1-Billion-Bond-Restructuring-09-30
@businessinfoeth
Ethiopia has officially entered formal negotiations with holders of its $1 billion Eurobond, a critical step in its effort to finalize a comprehensive debt restructuring under the G20 Common Framework.
https://telegra.ph/Ethiopia-Enters-Formal-Talks-on-1-Billion-Bond-Restructuring-09-30
@businessinfoeth
Ethiopia Awards First Private Switch License to Arifpay
The National Bank of Ethiopia (NBE) has licensed Arifpay Financial Technologies S.C. as the country's first private payment switch operator, a landmark decision aimed at accelerating the modernization of Ethiopia's digital payments landscape.
https://telegra.ph/Ethiopia-Awards-First-Private-Switch-License-to-Arifpay-09-30
@businessinfoeth
The National Bank of Ethiopia (NBE) has licensed Arifpay Financial Technologies S.C. as the country's first private payment switch operator, a landmark decision aimed at accelerating the modernization of Ethiopia's digital payments landscape.
https://telegra.ph/Ethiopia-Awards-First-Private-Switch-License-to-Arifpay-09-30
@businessinfoeth
Wegagen Capital Approves 1 Billion Birr Capital Hike
Wegagen Capital Investment Bank shareholders have approved an ambitious plan to more than double paid-up capital to one billion birr from 385 million birr, a strategic move to build a formidable balance sheet for Ethiopia’s new capital market.
https://telegra.ph/Wegagen-Capital-Approves-1-Billion-Birr-Capital-Hike-10-01
@businessinfoeth
Wegagen Capital Investment Bank shareholders have approved an ambitious plan to more than double paid-up capital to one billion birr from 385 million birr, a strategic move to build a formidable balance sheet for Ethiopia’s new capital market.
https://telegra.ph/Wegagen-Capital-Approves-1-Billion-Birr-Capital-Hike-10-01
@businessinfoeth
The official exchange rates of the Ethiopian Birr against various foreign currencies as of October 01, 2025.
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Source - Commercial Bank of Ethiopia
@BusinessInfoEth
Ethiopia to Raise 243 Billion Birr in Q4 T-Bill Auctions
Ethiopia's Ministry of Finance plans to raise 243.05 billion birr ($4.26 billion) through Treasury bill auctions in the final quarter of 2025, a significant ramp-up in domestic borrowing as it seeks to finance its budget without direct advances from the central bank.
https://telegra.ph/Ethiopia-to-Raise-243-Billion-Birr-in-Q4-T-Bill-Auctions-10-01
@businessinfoeth
Ethiopia's Ministry of Finance plans to raise 243.05 billion birr ($4.26 billion) through Treasury bill auctions in the final quarter of 2025, a significant ramp-up in domestic borrowing as it seeks to finance its budget without direct advances from the central bank.
https://telegra.ph/Ethiopia-to-Raise-243-Billion-Birr-in-Q4-T-Bill-Auctions-10-01
@businessinfoeth
Career Opportunity with World Bank
The World Bank is hiring a Financial Sector Specialist for its Addis Ababa office (local recruitment, 3-year term). The role focuses on supporting Ethiopia’s financial sector reforms, including financial stability, inclusion, and sector deepening, while contributing to lending projects, advisory services, and policy dialogue.
https://telegra.ph/Career-Opportunity-with-World-Bank-10-01
@businessinfoeth
The World Bank is hiring a Financial Sector Specialist for its Addis Ababa office (local recruitment, 3-year term). The role focuses on supporting Ethiopia’s financial sector reforms, including financial stability, inclusion, and sector deepening, while contributing to lending projects, advisory services, and policy dialogue.
https://telegra.ph/Career-Opportunity-with-World-Bank-10-01
@businessinfoeth