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Ethiopian Business News

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Ethio Telecom Earns Over Birr 85 Billion in Half-Year Revenue

Ethio Telecom reported that it generated more than Birr 85 billion in revenue during the first six months of the 2025/26 fiscal year, highlighting what it described as strong progress against its half year targets.


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Ethiopia: NBE Launches Automated Interbank FX Market to Modernize Currency Trading

The National Bank of Ethiopia (NBE) has launched the country’s first Automated Interbank Foreign Exchange Trading Platform, marking a major step in Ethiopia’s ongoing macroeconomic reform and financial sector modernization agenda.


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Ethiopia: Industrial Parks Over USD 377 Million in Investment in First Half of 2025/26 Fiscal Year

The Industrial Parks Development Corporation (IPDC) says it attracted more than USD 377 million in new investment during the first half of Ethiopia’s 2025/26 fiscal year, drawing 64 investors into the special economic zones and industrial parks under its administration.


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Ethiopia: CBE Launches ‘CBE Connect’ Digital Platform to Bundle Financial Services and Simplify Remittances

The Commercial Bank of Ethiopia (CBE) on Tuesday launched CBE Connect, a new digital platform designed to combine multiple financial services in a single application and enable direct transfers from global banks to Ethiopian fintech wallets.


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Ethiopia Cabinet Approves Customs, Incentives, Entrepreneurship Policy

Ethiopia’s Council of Ministers, approved a set of policy decisions on Tuesday covering customs reform, investment incentives, and entrepreneurship development.

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