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Ethiopia: Hibret Insurance Reports Billion-Birr Profit in 2024/25 Fiscal Year

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Published on 06 December 2025
Category: Banking and Finance

Hibret Insurance Logo

Hibret Insurance stated that it recorded a profit in the billions of birr during the 2024/25 fiscal year, according to a report presented at the company’s annual shareholders’ meeting.

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Ethiopia Mandates ECX-Only Payment System for Oilseeds and Pulses Exports

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Published on 01 December 2025
Category: Capital Market and Commodity Exchange

ECX Pic

The Ministry of Trade and Regional Integration (MOTRI) has issued Directive No. 1115/2025, introducing a major shift in Ethiopia’s oilseeds and pulses export system by requiring all exporter payments to be routed exclusively through the Ethiopian Commodity Exchange (ECX).

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Ethiopia: Ethio Telecom Unveils Third Super-Fast EV Charging Station in Addis Ababa

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Published on 28 November 2025
Category: Transport and Logistics

ET Super Fast EV

Ethio Telecom has inaugurated its third super fast electric vehicle (EV) charging station in Addis Ababa. The new facility, which was opened yesterday in the Summit Fiyel Bet area, features 16 high capacity super fast chargers and is set to  boost the city’s EV charging network.

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Ethiopia: NBE Re-Licenses Standard Bank Representative Office Under New Banking Proclamation

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Published on 28 November 2025
Category: Banking and Finance

Standard BANK

The National Bank of Ethiopia (NBE) has formally re-licensed the Representative Office of Standard Bank, marking the first such approval issued under the country’s newly revised Banking Business Proclamation.

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Ethiopia Launches Specialty Coffee Association

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Published on 26 November 2025
Category: Import and Export

Specialty CoffeeEthiopia has inaugurated the Ethiopian Specialty Coffee Association, a new national platform designed to elevate the global presence, quality, and competitiveness of Ethiopian specialty coffee.

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Standard Insurance S.C. Set to Become Ethiopia’s 19th Insurance Provider

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Published on 25 November 2025
Category: Banking and Finance

Standard Insurance

Standard Insurance S.C. is preparing to enter the Ethiopian insurance market within the next few days, positioning itself as the country’s 19th insurance company.

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Ethiopia Commodity Exchange (ECX) Daily Trade Data – 24 November 2025

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Published on 25 November 2025
Category: Capital Market and Commodity Exchange

ECX LogoHere is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 24 November 2025.

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Ethiopia Moves to Regulate Gemstone Trade Through ECX

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Published on 24 November 2025
Category: Capital Market and Commodity Exchange

ECX Pic

Ethiopia is preparing to channel the trade of precious stones, including opals, sapphires, and emeralds, through the Ethiopian Commodity Exchange (ECX) in an effort to reduce smuggling and strengthen foreign exchange earnings. The Ministry of Mines is leading the initiative, drawing on the ECX model already used for major export commodities such as coffee and sesame.

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Ethiopia: Ethio Telecom and Awash Bank Roll Out Tilla Digital Loan and Financing Services

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Published on 24 November 2025
Category: Banking and Finance

ET Awash

Ethio Telecom and Awash Bank have introduced new digital finance and device financing services on the Telebirr platform, offering customers access to loans without the need for collateral.

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Ahadu Bank Reports Birr 502 Million Pre-Tax Profit for 2024/25 Fiscal Year

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Published on 24 November 2025
Category: Banking and Finance

Ahadu Bank Logo

Ahadu Bank has announced that it recorded a pre-tax profit of Birr 502.1 million during the 2024/25 fiscal year. The update was shared at the bank’s general meeting of shareholders.

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