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Ethiopia: Oromia Bank Posts 49% Profit Growth to B…

Oct 12, 2026 | 2M Editor | Banking and Finance

Ethiopia: Oromia Bank Posts 49% Profit Growth to Birr 3.82 Billion Despite Liquidity Challenges

Oromia Bank reported a 49% increase in pre-tax profit to Birr 3.82 billion for the 2025/2026 fiscal year, despite liquidity constraints and broader economic challenges affecting Ethiopia’s banking sector.

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Transaction history to open credit access for Ethi…

Oct 7, 2026 | 2M Editor | Banking and Finance

Transaction history to open credit access for Ethiopian merchants

Ethiopian merchants will be able to access working capital loans based on their digital transaction history under a new payment and financing initiative launched by Visa and ETTA Solutions.

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Investor participation expands in Ethiopia’s capit…

Oct 5, 2026 | 2M Editor | Capital Market and Commodity Exchange

Investor participation expands in Ethiopia’s capital market

Investor participation in Ethiopia’s emerging capital market is steadily increasing, with more citizens opening investment accounts and trading securities, according to Hana Tehelku, Director General of the Ethiopian Capital Market...

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Lamu Refinery to Expand Ethiopia’s Fuel Supply Opt…

Sep 30, 2026 | 2M Editor | Energy and Mining

Lamu Refinery to Expand Ethiopia’s Fuel Supply Options and Strengthen Regional Trade, PM Abiy Says

Ethiopia is set to benefit from Kenya’s planned Lamu oil refinery through expanded access to regional refined petroleum supplies and increased opportunities for trade and investment, Prime Minister Abiy Ahmed...

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Ethiopian Airlines Signs Agreement with Boeing for…

Sep 30, 2026 | 2M Editor | Transport and Logistics

Ethiopian Airlines Signs Agreement with Boeing for 10 Cargo Aircraft to Expand Global Freight Operations

Ethiopian Airlines has signed an aircraft purchase agreement with Boeing for 10 Boeing 777 freighter aircraft, marking a major expansion of the airline’s cargo fleet and strengthening its position in...

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