Nexara

The Ministry of Agriculture (MoA) revealed that over 2.1 million hectares of land have been cultivated under contract farming to produce approximately 38 million quintals of crops during the 2024/25 harvest season. Sultan Mohammed, Head of the Agricultural Product Contract Desk at the MoA, revealed that exportable crops such as sesame and soybean are harvested …

Ethiopia: MoA Announces Major Expansion in Contract Farming for 2024/25 Harvest Read More »

A Chinese government delegation, led by the President of the Development Research Centre of the State Council of China Lu Hao, arrived in Addis Ababa this morning. Up on arrival at the Addis Ababa Bole International Airport, Endalew Mekonnen, State Minister of Trade and Regional Integration of Ethiopia, welcomed the delegation. The delegation is scheduled …

Chinese Delegation Arrives in Addis Ababa Read More »

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 …

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

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 …

Ethiopia: Dashen Bank Introduces Super App for Banking Read More »

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, …

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

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 …

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

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 …

Wegagen officially launches Wegagen E-Birr mobile wallet Read More »

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 …

Ethiopia ready to expand variety of exports to Azerbaijan – MoTRI Read More »

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 …

Ethiopia’s Debt to GDP Ratio Declines to 13.7 Percent  Read More »