Aug 10, 2026 | 2M Editor | Banking and Finance

EthSwitch S.C., operator of Ethiopia’s national payment infrastructure, has opened an international settlement account with Bank of Abyssinia as part of efforts to connect the country’s payment system with global...
Read moreAug 10, 2026 | 2M Editor | Energy and Mining

The Ethiopian Electric Utility (EEU) generated Birr 118.91 billion in revenue during the 2025/26 fiscal year, surpassing its annual target of Birr 115.86 billion.
Read moreAug 6, 2026 | 2M Editor | Import and Export

Ethiopia generated more than USD 5.7 billion in revenue from its mining sector during the 2025/26 fiscal year, while electricity exports and sales brought in USD 477 million, according to...
Read moreAug 5, 2026 | 2M Editor | ICT and Telecom

Safaricom shareholders have approved a final dividend of KSh1.15, or approximately USD 0.01, per share, bringing the telecommunications company’s total dividend payout for the 2026 financial year to a record...
Read moreAug 5, 2026 | 2M Editor | Transport and Logistics

Ethio Post announced a remarkable 3.85 billion Birr in revenue for the 2025/26 fiscal year, marking a 30 percent growth compared to the previous year.
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