Abraham Alaro, president, Gumachew Kussie, board chairman and Daniel Kitaw (Prof) the first chairman of the board of directors of Birhan Bank leading the celebrations of the bank's ten year anniversary at Skylite hotel on November 26, 2017.
10 YEARS
Abraham Alaro, president, Gumachew Kussie, board chairman and Daniel Kitaw (Prof) the first chairman of the board of directors of Birhan Bank leading the celebrations of the bank's ten year anniversary at Skylite hotel on November 26, 2019.
Arab Bank for Economic Development in Africa (BADEA) and Trade Development Bank Group (TDB) signed a 100-million-dollar disbursement for a hybrid capital instrument last week on the sidelines of the African Union summit. Admassu Tadesse, president and managing director of TDB Group, and Sidi Ould Tah (PhD), president of BADEA were the signatories at the event attended by Central Bank Governor Mamo Mihretu, CEO of the Ethiopian Securities Exchange Tilahun Kassahun (PhD), and Deputy Chairperson of...
The National Bank of Ethiopia (NBE), in its six-month snapshot on monetary and external sector developments, reports that inflation has dropped to 15.5pc, the lowest in five years and a 13.9pc decline from last year's 29.4pc rate. Headline inflation stood at 34.5pc during the same period in 2022.
The report also shows a sharp decline in food inflation, which fell by 16.6pc, from 32.3pc in January 2024 to 15.7pc in January 2025. Non-food inflation dropped by 10.2pc, from 25.3pc last year to 1...
A total of 20 projects worth three billion dollars are currently being implemented in Ethiopia under the Horn of Africa Initiative, which held a performance review platform last week. This initiative, established in 2019, seeks to economically integrate Horn of Africa countries through development projects. Finance Minister Ahmed Shide accentuated the initiative's goals of enhancing infrastructure connectivity, strengthening trade and economic integration, building resilience to natural and man...
Total cases Reported In Ethiopia: New cases Reported In Ethiopia: Critical in Ethiopia: Active cases Reported In Ethiopia: New Deaths Reported In Ethiopia: Total Deaths Reported In Ethiopia: Total Recovered Reported In Ethiopia:
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