ZamZam Bank Issues EOI for Major Foundational Infrastructure Works
ZamZam Bank S.C., Ethiopia’s premier interest-free financial institution, has issued a Request for Expression of Interest (EOI) for high-capacity foundational engineering and site preparation works in Addis Ababa.
Read Full Article: https://telegra.ph/ZamZam-Bank-Issues-EOI-for-Major-Foundational-Infrastructure-Works-02-07
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ZamZam Bank S.C., Ethiopia’s premier interest-free financial institution, has issued a Request for Expression of Interest (EOI) for high-capacity foundational engineering and site preparation works in Addis Ababa.
Read Full Article: https://telegra.ph/ZamZam-Bank-Issues-EOI-for-Major-Foundational-Infrastructure-Works-02-07
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of February 09, 2026.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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The government is set to impose additional taxes amid mounting fiscal pressures.
Ethiopia is accelerating its comprehensive Homegrown Economic Reform program, a multi-phase structural overhaul initiated in 2019 and intensified following recent International Monetary Fund consultations.
Read Full Article: https://telegra.ph/The-government-is-set-to-impose-additional-taxes-amid-mounting-fiscal-pressures-02-09
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Ethiopia is accelerating its comprehensive Homegrown Economic Reform program, a multi-phase structural overhaul initiated in 2019 and intensified following recent International Monetary Fund consultations.
Read Full Article: https://telegra.ph/The-government-is-set-to-impose-additional-taxes-amid-mounting-fiscal-pressures-02-09
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Awash Bank Reports ETB 1 Trillion in Digital Transactions as Nationwide Expansion Accelerates
Awash Bank reported that digital transactions exceeded ETB 1 trillion over six months, reflecting Ethiopia’s explosive shift to electronic banking and growing customer trust in online platforms.
Read Full Article: https://telegra.ph/Awash-Bank-Reports-ETB-1-Trillion-in-Digital-Transactions-as-Nationwide-Expansion-Accelerates-02-09
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Awash Bank reported that digital transactions exceeded ETB 1 trillion over six months, reflecting Ethiopia’s explosive shift to electronic banking and growing customer trust in online platforms.
Read Full Article: https://telegra.ph/Awash-Bank-Reports-ETB-1-Trillion-in-Digital-Transactions-as-Nationwide-Expansion-Accelerates-02-09
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National Bank of Ethiopia and FSD Ethiopia Invite Proposals for National Movable Asset-Based Lending Strategy to Expand Credit Access
The National Bank of Ethiopia, with support from FSD Ethiopia, has issued a Request for Proposals to formulate a National Strategy for Movable Asset based Lending.
For More Information: 👉🏼https://telegra.ph/National-Bank-of-Ethiopia-and-FSD-Ethiopia-Invite-Proposals-for-National-Movable-Asset-Based-Lending-Strategy-to-Expand-Credit-A-02-09
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The National Bank of Ethiopia, with support from FSD Ethiopia, has issued a Request for Proposals to formulate a National Strategy for Movable Asset based Lending.
For More Information: 👉🏼https://telegra.ph/National-Bank-of-Ethiopia-and-FSD-Ethiopia-Invite-Proposals-for-National-Movable-Asset-Based-Lending-Strategy-to-Expand-Credit-A-02-09
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Ethiopia’s CBE Faces Extended IMF Deadline Amid Persistent Foreign Exchange Gaps
The IMF has extended the Commercial Bank of Ethiopia’s (CBE) compliance deadline for reducing its Net Open Position (NOP) to March 2026, due to weaker than expected foreign exchange inflows.
Read Full Article: https://telegra.ph/Ethiopias-CBE-Faces-Extended-IMF-Deadline-Amid-Persistent-Foreign-Exchange-Gaps-02-09
Source: Capital Ethiopia
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The IMF has extended the Commercial Bank of Ethiopia’s (CBE) compliance deadline for reducing its Net Open Position (NOP) to March 2026, due to weaker than expected foreign exchange inflows.
Read Full Article: https://telegra.ph/Ethiopias-CBE-Faces-Extended-IMF-Deadline-Amid-Persistent-Foreign-Exchange-Gaps-02-09
Source: Capital Ethiopia
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Addis Bank Launches “Shahib” Free from Birth Banking to Broaden Financial Access
Addis Bank S.C. (formerly Addis International Bank) has rolled out an inclusive free from birth banking initiative called “Shahib”, aimed at enabling Ethiopians of all ages to open and maintain accounts without minimum charges or fees.
Read Full Article: https://telegra.ph/Addis-Bank-Launches-Shahib-Free-from-Birth-Banking-to-Broaden-Financial-Access-02-09
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Addis Bank S.C. (formerly Addis International Bank) has rolled out an inclusive free from birth banking initiative called “Shahib”, aimed at enabling Ethiopians of all ages to open and maintain accounts without minimum charges or fees.
Read Full Article: https://telegra.ph/Addis-Bank-Launches-Shahib-Free-from-Birth-Banking-to-Broaden-Financial-Access-02-09
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NBE Expands Regional Footprint to Deepen Financial Oversight and Cash Distribution
The National Bank of Ethiopia plans to open four regional branches in Bahir Dar, Jimma, Hawassa, and Dire Dawa, marking a strategic shift toward decentralized central banking.
Read Full Article: https://telegra.ph/NBE-Expands-Regional-Footprint-to-Deepen-Financial-Oversight-and-Cash-Distribution-02-10
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The National Bank of Ethiopia plans to open four regional branches in Bahir Dar, Jimma, Hawassa, and Dire Dawa, marking a strategic shift toward decentralized central banking.
Read Full Article: https://telegra.ph/NBE-Expands-Regional-Footprint-to-Deepen-Financial-Oversight-and-Cash-Distribution-02-10
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Ethiopia Reopens Sugar Privatization as Losses Narrow, but Investor Risks Persist
Ethiopia is once again reviving sugar privatization under its broader IMF backed economic reform agenda, after repeated failures since 2018.
Read Full Article: https://telegra.ph/Ethiopia-Reopens-Sugar-Privatization-as-Losses-Narrow-but-Investor-Risks-Persist-02-10
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Ethiopia is once again reviving sugar privatization under its broader IMF backed economic reform agenda, after repeated failures since 2018.
Read Full Article: https://telegra.ph/Ethiopia-Reopens-Sugar-Privatization-as-Losses-Narrow-but-Investor-Risks-Persist-02-10
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Ethiopian Airlines Powers Growth as Revenue, Cargo, and Infrastructure Ambitions Accelerate
Ethiopian Airlines Group posted USD 4.4 billion in half-year revenue, a 14 % increase year on year, underpinned by fleet expansion to 147 aircraft, higher flight frequencies, and resilient demand.
Read Full Article: https://telegra.ph/Ethiopian-Airlines-Powers-Growth-as-Revenue-Cargo-and-Infrastructure-Ambitions-Accelerate-02-10
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Ethiopian Airlines Group posted USD 4.4 billion in half-year revenue, a 14 % increase year on year, underpinned by fleet expansion to 147 aircraft, higher flight frequencies, and resilient demand.
Read Full Article: https://telegra.ph/Ethiopian-Airlines-Powers-Growth-as-Revenue-Cargo-and-Infrastructure-Ambitions-Accelerate-02-10
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Youth Opportunity: Global Climate Policy & Green Finance Fellowship 2026 Now Open
The Climate Policy & Green Finance Fellowship 2026, launched by the Global Green Finance Hub, offers young professionals a rare opportunity to gain hands on experience in climate policy analysis, sustainable finance, and nature-based accounting.
For More Information: 👉🏼 https://telegra.ph/Youth-Opportunity-Global-Climate-Policy--Green-Finance-Fellowship-2026-Now-Open-02-10
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The Climate Policy & Green Finance Fellowship 2026, launched by the Global Green Finance Hub, offers young professionals a rare opportunity to gain hands on experience in climate policy analysis, sustainable finance, and nature-based accounting.
For More Information: 👉🏼 https://telegra.ph/Youth-Opportunity-Global-Climate-Policy--Green-Finance-Fellowship-2026-Now-Open-02-10
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AI Productivity Gains Mask Rising Workload Pressures, Study Finds
Generative AI adoption, widely marketed as a lever for labor efficiency, instead drives work intensification, according to HBR underscoring a widening productivity paradox across knowledge industries.
Read Full Article: https://telegra.ph/AI-Productivity-Gains-Mask-Rising-Workload-Pressures-Study-Finds-02-10
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Generative AI adoption, widely marketed as a lever for labor efficiency, instead drives work intensification, according to HBR underscoring a widening productivity paradox across knowledge industries.
Read Full Article: https://telegra.ph/AI-Productivity-Gains-Mask-Rising-Workload-Pressures-Study-Finds-02-10
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Tsedey Bank Appoints Yohannes Ayalew as President in Strategic Leadership Reset
Tsedey Bank officially appointed Yohannes Ayalew as president on February 9, signaling a strategic attempt to stabilize operations following a ETB 2.13 billion net loss in fiscal 2024/25.
Read Full Article: https://telegra.ph/Tsedey-Bank-Appoints-Yohannes-Ayalew-as-President-in-Strategic-Leadership-Reset-02-10
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Tsedey Bank officially appointed Yohannes Ayalew as president on February 9, signaling a strategic attempt to stabilize operations following a ETB 2.13 billion net loss in fiscal 2024/25.
Read Full Article: https://telegra.ph/Tsedey-Bank-Appoints-Yohannes-Ayalew-as-President-in-Strategic-Leadership-Reset-02-10
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Ethiopia Tightens Verification Rules for Customs Transiters
Ethiopia’s Customs Commission has ordered all customs procedure execution branch offices to strictly verify delegations of authority between importers and customs transiters through the Federal Documents Authentication and Registration Agency (DARA), in a move aimed at curbing trade fraud and strengthening tax enforcement.
Read Full Article: https://telegra.ph/Ethiopia-Tightens-Verification-Rules-for-Customs-Transiters-02-10
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Ethiopia’s Customs Commission has ordered all customs procedure execution branch offices to strictly verify delegations of authority between importers and customs transiters through the Federal Documents Authentication and Registration Agency (DARA), in a move aimed at curbing trade fraud and strengthening tax enforcement.
Read Full Article: https://telegra.ph/Ethiopia-Tightens-Verification-Rules-for-Customs-Transiters-02-10
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The official exchange rates of the Ethiopian Birr against various foreign currencies as of February 11, 2026.
Source - Commercial Bank of Ethiopia
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Source - Commercial Bank of Ethiopia
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Solar & Storage Ethiopia 2026 Debuts as the Country’s First Dedicated Solar and Energy Storage Leadership Platform
Ethiopia will host its first dedicated Solar & Storage Ethiopia 2026 leadership platform on 27 February 2026 in Addis Ababa, bringing together more than 80 senior stakeholders from government, regulators, developers, financiers, and technology leaders to discuss and advance the solar and energy storage ecosystem.
Read Full Article: https://telegra.ph/Ethiopias-Clean-Energy-Leap-Solar--Storage-Ethiopia-2026-Leads-Market-Transformation-02-11
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Ethiopia will host its first dedicated Solar & Storage Ethiopia 2026 leadership platform on 27 February 2026 in Addis Ababa, bringing together more than 80 senior stakeholders from government, regulators, developers, financiers, and technology leaders to discuss and advance the solar and energy storage ecosystem.
Read Full Article: https://telegra.ph/Ethiopias-Clean-Energy-Leap-Solar--Storage-Ethiopia-2026-Leads-Market-Transformation-02-11
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Ethiopia Secures USD 71.9 Million from AfDB and Green Climate Fund to Strengthen Food and Livelihood Resilience
The Government of Ethiopia and the African Development Bank, acting as an accredited entity of the Green Climate Fund, signed a USD 71.9 million financing agreement for the Building Resilience for Food and Livelihoods (BREFOL) Program.
Read Full Article: https://telegra.ph/Ethiopia-Secures-USD-719-Million-from-AfDB-and-Green-Climate-Fund-to-Strengthen-Food-and-Livelihood-Resilience-02-11
Source: Ministry Of Finance, Ethiopia
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The Government of Ethiopia and the African Development Bank, acting as an accredited entity of the Green Climate Fund, signed a USD 71.9 million financing agreement for the Building Resilience for Food and Livelihoods (BREFOL) Program.
Read Full Article: https://telegra.ph/Ethiopia-Secures-USD-719-Million-from-AfDB-and-Green-Climate-Fund-to-Strengthen-Food-and-Livelihood-Resilience-02-11
Source: Ministry Of Finance, Ethiopia
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Development Bank of Ethiopia Injects ETB 1.2 Billion Into Industrial Lease Financing
The Development Bank of Ethiopia invested ETB 1.2 billion in lease machinery procurement during the first half of the 2025/26 fiscal year, signaling a strategic focus on industrializing the small and medium enterprise sector.
Read Full Article: https://telegra.ph/Development-Bank-of-Ethiopia-Injects-ETB-12-Billion-Into-Industrial-Lease-Financing-02-11
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The Development Bank of Ethiopia invested ETB 1.2 billion in lease machinery procurement during the first half of the 2025/26 fiscal year, signaling a strategic focus on industrializing the small and medium enterprise sector.
Read Full Article: https://telegra.ph/Development-Bank-of-Ethiopia-Injects-ETB-12-Billion-Into-Industrial-Lease-Financing-02-11
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Juspay Opens Middle East Headquarters at DIFC, Accelerating Global Payments Expansion
Juspay’s launch of its Middle East headquarters at the Dubai International Financial Center (DIFC) signals more than regional expansion.
Read Full Article: https://telegra.ph/Juspay-Opens-Middle-East-Headquarters-at-DIFC-Accelerating-Global-Payments-Expansion-02-11
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Juspay’s launch of its Middle East headquarters at the Dubai International Financial Center (DIFC) signals more than regional expansion.
Read Full Article: https://telegra.ph/Juspay-Opens-Middle-East-Headquarters-at-DIFC-Accelerating-Global-Payments-Expansion-02-11
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