Nexara

UAE business delegation kicks off its pre-investment visit to Ethiopia

A high-level business delegation from Reach Digital Company-UAE, led by its CEO, Mr. Feras Neim Mohammed Abusharkh, has kicked off its pre-investment visit in Ethiopia. The delegation commenced their visit by meeting with the Chief Commissioner of the Ethiopian Investment Commission, Zeleke Temesgen (PhD), earlier today, January 13, 2025. During the meeting, Commissioner Zeleke expressed …

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Ethiopia: Dashen Bank Introduces Super App for Banking

Dashen Bank has unveiled the first-ever “Super App” in Ethiopia’s banking sector which offers a wide range of services through a single platform. The newly launched Dashen Bank Super App combines multiple banking and business services, providing a modern, customer-centric experience. Asfaw Alemu, CEO of Dashen Bank, highlighted that the app aligns with the bank’s …

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Ethiopia Generates USD 16.4 Million from Non-Gold, Non-Ornamental Mineral Exports

Ethiopia has earned USD 16.4 million from the export of non-gold and non-ornamental minerals over the past six months, achieving 73% of its USD 22.4 million target, according to the Ministry of Mines. State Minister Million Mathewos stated that the country exported 105 tons of tantalum, 2,071 tons of lithium ore, 5.6 tons of opal, …

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Ethiopia: Wegagen Bank Launches Mobile Wallet Service in Collaboration with E-Birr

Wegagen Bank, in partnership with E-Birr Mobile Financial Services, has introduced a new mobile wallet service designed to enhance financial accessibility and streamline banking. The service eliminates the need for physical branch visits. It allows users to open a wallet account, transfer funds, make payments, and manage transactions seamlessly via a mobile app or USSD …

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Wegagen officially launches Wegagen E-Birr mobile wallet

Wegagen Bank, in collaboration with E-Birr Mobile Financial Services, has introduced a mobile wallet service that enhances financial accessibility by eliminating the need for branch visits, enabling users to open a wallet account, transfer funds, make payments, and manage transactions seamlessly through a mobile app or USSD short code platforms. The Bank inaugurated the mobile …

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Ethiopia ready to expand variety of exports to Azerbaijan – MoTRI

The Ministry of Trade and Regional Integration of Ethiopia (MoTRI) announced that the country is committed to increasing and expanding the variety of the products it exports to Azerbaijan. Economic cooperation between the two countries was discussed during a meeting between the Minister of MoTRI, Mr. Kasahun Gofe, and a delegation led by Deputy Minister …

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Ethiopia’s Debt to GDP Ratio Declines to 13.7 Percent 

Planning and Development Minister Fitsum Assefa said Ethiopia’s debt-to-GDP ratio has declined to 13.7 percent following the implementation of the comprehensive economic reform. In her briefing regarding the achievements of the macroeconomic reform and next endeavors, the minister noted that the government has been implementing new economic and social policy perspectives to address systematic and …

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Norwegian investors invited to take advantage of economic reform in Ethiopia

Minister of Foreign Affairs Gedion Timothewos met with Ms. Emilie Enger Mehl, Norwegian Justice Minister, today. On the occasion, Dr. Gedion noted that Norway is one of Ethiopia’s longstanding partners, emphasizing his country’s keenness to elevate the existing bilateral ties further. The Minister also highlighted Ethiopia’s ongoing economic reforms and called on Norwegian investors to …

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UAE business delegation kicks off its pre-investment visit to Ethiopia

A high-level business delegation from Reach Digital Company-UAE, led by its CEO, Mr. Feras Neim Mohammed Abusharkh, has kicked off its pre-investment visit in Ethiopia. The delegation commenced their visit by meeting with the Chief Commissioner of the Ethiopian Investment Commission, Zeleke Temesgen (PhD), earlier today, January 13, 2025. During the meeting, Commissioner Zeleke expressed …

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