Anteneh Tesfaye Taye

CBE Strengthens Dominance as Smaller Banks Lose Ground

CBE's market share rebounds to 49.1% in 2025, fueled by reforms. Small banks lose ground, prompting consolidation talks. Foreign banks eye entry amid sector growth.

Ethiopia Turns to AI and Digital IDs to Rewire Agriculture Advisory Services

ATI is working on OpenAgriNet, a national DPI designed to modernize agriculture for over 30 million farmers with voice-based access, local-language advice, and location-specific recommendations.

𝗛𝗮𝗹𝗳-𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗗𝗼𝗹𝗹𝗮𝗿 𝗔𝘂𝗰𝘁𝗶𝗼𝗻 𝗠𝗮𝗿𝗸𝘀 𝗘𝘀𝗰𝗮𝗹𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗡𝗕𝗘’𝘀 𝗕𝗮𝘁𝘁𝗹𝗲 𝘄𝗶𝘁𝗵 𝗙𝗫 𝗦𝗵𝗼𝗿𝘁𝗮𝗴𝗲𝘀

Ethiopia's central bank will auction $500M FX on Jan 27, its largest injection since reforms began. It exceeds prior interventions ($50M-$150M).

Ethiopia Shuts Down Entire Betting Industry, Revokes All Licenses

Ethiopia shuts down its entire betting industry two weeks after revoking 22 licenses, the Lottery Service ordered banks & payment operators to halt all betting transactions amid investigations.

MultiChoice Partners with Ethio Telecom to Offer Bundled Streaming Packages webhook test

Premier League matches, one of DStv’s biggest viewership drivers, will be available for a monthly fee of 1,750 birr, paired with a 7 Mbps fixed broadband connection.

Safaricom Ethiopia Sets Sight on Remittance Market

Safaricom Ethiopia is eyeing an entry into the remittance business landscape as competition evolves in Ethiopia’s duopolistic telecommunications sector.