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Ethiopia: IFC Recognizes Dashen Bank for Internati…

May 18, 2024 | 2M Editor | Banking and Finance

Ethiopia: IFC Recognizes Dashen Bank for International Trade Finance

Dashen Bank announced recognition from the International Finance Corporation (IFC), a member of the World Bank Group, for its international trade finance services.

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BGI Ethiopia and Purpose Black Resolve Dispute thr…

May 17, 2024 | 2M Editor | Latest Business Alerts

BGI Ethiopia and Purpose Black Resolve Dispute through Mediation

In a recent development, BGI Ethiopia and Purpose Black have reached an agreement through court mediation, resolving their ongoing dispute. The Federal High Court approved the settlement, leading to the...

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Ethiopia: House Reviews Export Incentive Reform Bi…

May 17, 2024 | 2M Editor | Latest Business Alerts

Ethiopia: House Reviews Export Incentive Reform Bill

The House of Representatives reviewed a bill proposing changes to the export tax incentive system. The amendment aims to boost industrial growth and foreign currency acquisition by empowering the executive...

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Ethiopia: Awash Bank Earns Top Honors as Ethiopia'…

May 17, 2024 | 2M Editor | Banking and Finance

Ethiopia: Awash Bank Earns Top Honors as Ethiopia's Best Bank for the Third Year Running

Awash Bank is named the best bank in Ethiopia by Global Finance magazine for 2024, further solidifying its position among the top financial institutions on the African continent. This recognition...

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Ethiopia: Ministry of Revenues Collects Over Birr …

May 17, 2024 | 2M Editor | Latest Business Alerts

Ethiopia: Ministry of Revenues Collects Over Birr 425 Billion in Taxes

The Ministry of Revenues announced surpassing its collection target for the first ten months of the fiscal year. As of today, the Ministry has amassed over Birr 425 billion in...

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