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Ethiopia: Etho-German Business Forum Held in Addis

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Category: Latest Business Alerts

The Ethio-German business forum opened yesterday in Addis Ababa, Ethiopia. The forum brings together over a hundred Ethiopian and German businesspeople. A delegation from the German state of Baden-Wuerttemberg came to attend the forum.

Last Updated on 29 November 2019
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Ethiopia: Ethswitch Nears Launch of International Card Payment Connectivity Pending NBE Approval

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Category: Banking and Finance

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Ethswitch, the entity responsible for operating Ethiopia’s national payment system infrastructure, has reached the final phase of integrating its domestic card schemes with 32 international card networks through a partnership with the Discover Global Network.

Last Updated on 08 December 2025
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Ethiopia: EthSwitch Reports a Net Profit of Birr 789.6 Million

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Category: Banking and Finance

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EthSwitch S.C. has reported a net profit of ETB 789,609,373. for the 2023/2024 financial year.

Last Updated on 14 November 2024
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Ethiopia: EthSwitch Reports Birr 1.42 Billion Pre-Tax Profit for the 2024/25 Fiscal Year

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Category: Banking and Finance

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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 percent increase compared to the previous year.

Last Updated on 29 October 2025
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Ethiopia: ETTE Received Award for Highest Annual Profit, Forex Earning

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Category: Latest Business Alerts

Ethiopian Tourist Trading Enterprise (ETTE) is awarded by Privatization and Public Enterprises Supervising Agency (PPESA) as it secured the highest profit and forex in the previous Fiscal year, according to The Daily Monitor.

Last Updated on 02 June 2015
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