Oct 29, 2025 | 2M Editor | Banking and Finance

EthSwitch, the national digital payment switch connecting banks and financial institutions across Ethiopia, has announced a pre-tax profit of Birr 1.42 billion for the 2024/25 fiscal year, marking a 34...
Read moreOct 29, 2025 | 2M Editor | Latest Business Alerts

Infinix Ethiopia has signed a Memorandum of Understanding (MoU) with Addis Ababa Tegbare Id Polytechnic College to strengthen collaboration between industry and academia through student internships, teacher training, and technology-based...
Read moreOct 28, 2025 | 2M Editor | Banking and Finance

Nib International Bank Share Company has reported a pre-tax loss of Birr 2.9 billion for the fiscal year ended 2024/25, marking a significant financial setback largely attributed to foreign exchange...
Read moreOct 24, 2025 | 2M Editor | Banking and Finance

The National Bank of Ethiopia (NBE) has directed all commercial banks to compile and submit information on customers who use personal bank accounts for business or illicit purposes.
Read moreOct 24, 2025 | 2M Editor | Energy and Mining

The Ethiopian Mineral Corporation (EMC) and Sunbird Bioenergy Africa have signed a Memorandum of Understanding (MoU) to advance Ethiopia’s renewable energy and biofuel production, marking a significant milestone in the...
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