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Digital Transactions Exceed Birr 1.2 Trillion

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Category: Banking and Finance

During the last nine months of the Ethiopian Fiscal Year, FitsumEthiopia has witnessed a significant increase in digital payments, with transactions exceeding Birr 1.2 trillion, according to Fitsum Aseffa, the Minister of Planning and Development. The amount transferred through digital payment in nine months has increased by 169 percent compared to the previous fiscal year.

Last Updated on 24 May 2023
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Dire Dawa University preparing to Construct Technology Institute

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Category: Latest Business Alerts

Dire Dawa University is getting ready to build a technology institute with three billion Birr cost, according to Ethiopian News Agency.

Last Updated on 03 September 2015
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Discussion on Commercialization of Appropriate Technologies held in Ethiopia

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Category: Latest Business Alerts

A round table of public partnership in developing commercialization of appropriate technologies was held at Sheraton Addis on October 22, 2013.

The event was organized by the World Intellectual Property Organization (WIPO) in cooperation with the Ethiopian Intellectual Property Office (EIPO) and with the assistance of the Korean Intellectual Property Office (KIPO).

Last Updated on 23 October 2013
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Djibouti Announces Massive Port Tariff Cut to Ethiopia's Exports

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Category: Latest Business Alerts

Djibouti declared it is to cut port tariffs by 82.5 percent for Ethiopia's exports due to the coronavirus pandemic.

Last Updated on 16 April 2020
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Djibouti Inaugurated New Port for Potash Export from Ethiopia

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Category: Latest Business Alerts

Djibouti inaugurated a new port intended mainly for exporting potash from another Horn of Africa nation, Ethiopia. The port is the second of 4 new ports that Djibouti has been constructing in the aim of bolstering its position as a continental hub.

Last Updated on 20 June 2017
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