5+ day, 11+ hour ago   (213+ words) Tax also moved in the bank's favor. CBE reported a net income tax benefit of 4.71 billion birr in 2024/25, compared with a tax expense of 4.64 billion birr in 2023/24 — a swing of about 9.36 billion birr that pushed profit after tax above profit…...

1+ week, 4+ hour ago   (481+ words) Ethiopia will be among the first five African markets targeted by a new 10 million US dollars financing facility aimed at expanding access to capital for early-stage agribusinesses, as development lenders seek to channel more private investment into the continent’s agricultural…...

2+ week, 2+ day ago   (1016+ words) Birrmetircs: Could you briefly introduce yourself and AlHuda Centre of Islamic Banking and Economics? We have been working in the Ethiopian market for the past 12 years. Every year, we organise an interest-free banking and finance forum to bring international experience…...

2+ week, 2+ day ago   (648+ words) The Trade and Development Bank is eyeing a new fertilizer project in Ethiopia as part of a pipeline of regional investments in energy, aviation and agricultural inputs, according to Admassu Tadesse, the bank’s president and chief executive. The chief executive…...

2+ week, 5+ day ago   (375+ words) Eagle Lion System Technology Group and Tsedey Bank have signed an agreement at the bank's headquarters to launch a joint initiative digitizing the nation's agricultural input supply chain. The partnership aims to improve efficiency and transparency in the agricultural sector…...

2+ week, 6+ day ago   (658+ words) Investors submitted 132.83 billion birr in bids for Ethiopian Treasury bills at the latest government securities auction, more than three times the amount sold, as strong demand pushed the government’s average borrowing cost to its lowest level in recent months. The…...