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Number of deposit accounts reaches 129.52mln across all banks in Ethiopia
Addis Ababa, October 31, 2023 (FBC) - The number of deposit accounts across all banks has climbed to 129.52 million in Ethiopia in 2023 owing to the notable growth in the banking sector,…
Over $356mln pocketed from coffee, tea export trade in first quarter
Addis Ababa October 31, 2023 (FBC) – The Ethiopian Coffee and Tea Authority (ECTA) has pocketed more than 356 million dollars from export of coffee, tea and spice products in the first…
Some $350mln-worth import substituted in first quarter: Ministry
Addis Ababa, October 30, 2023 (FBC) – Ethiopia substituted import products worth 350 million USD in the first quarter of the current fiscal year, Industry Minister Melaku Alebel said.
A…
Ethio Telecom says working to safeguard digital banking system from cyber-attack
Addis Ababa, October 29, 2023 (FBC) – Ethio Telecom stated that it is working with Information Network Security Agency(INSA) to protect the digital banking spaces from cyber-attack amid the…
Envoy renews call to Pakistani businessmen to explore Africa through Ethiopia
Addis Ababa, October 28, 2023 (FBC) – Jemal Beker Abdula, Ambassador Extraordinary and Plenipotentiary of Ethiopia, has visited the Islamabad Chamber of Commerce and Industry (ICCI), and…
CBE says 1st quarter digital transaction surpasses 1 trillion Birr
Addis Ababa, October 28, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) today confirmed that its digital financial transaction has surpassed the 1.3 trillion Birr mark in the first…
Forage Project Launched in Ethiopia
Addis Ababa, October 24, 2023 (FBC) - A project aimed at establishing commercially viable and sustainable forage markets for dairy producers in Ethiopia was launched today.
Speaking…
Qatari giant Suhail Group says desirous to invest in Ethiopia
Addis Ababa, October 24, 2023 (FBC) – Suhail Industrial Holding Group, Qatar's corporation of companies specializing in the recycling, production, and export of processed non-ferrous metals…
9th edition of ASFW to be held in Addis Ababa next week
Addis Ababa, October 24, 2023 (FBC) – The ninth edition of Africa Sourcing & Fashion Week (ASFW2023), dubbed as Africa´s biggest textile and garment discussion platform, will be held in…
Ethiopian Airlines to resume four weekly services to Madrid
Addis Ababa, October 23, 2023 (FBC) – Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s largest airline, is pleased to announce that it will resume four…