In Tog Wajaale Ethiopia, mobile phone service has been suspended. Tog Wajaale is situated on the border between Ethiopia and Somaliland. Tog Wajaale is the hub of Ethiopian currency’s black market. Ethiopians and Somalis from…
Ethiopian Prime Minister Abiy Ahmed today accused foreign embassies of running Ethiopian black market. He passed these remarks responding to questions raised by the members of the Ethiopian House of People’s Representatives (HoPR). Prime Minister…
The International Monetary Fund (IMF) on Friday appreciated the Ethiopian govt for macro economic reforms. The lending institution, in its executive board’s meeting, allowed disbursement of $340.7 million to Ethiopia while approving the first review…
Ethiopian Securities Exchange (ESX) has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) and the i-Capital Africa Institute. The MoU is aimed at promoting cross-border investments, knowledge exchange, and capacity building.…
Ethio Telecom on Wednesday released a document called “Ordinary Share Sale Prospectus” for those interested in buying its shares. You can download the document HERE. The state owned Ethiopian Telecommunication company has offered 100 million…
Ethio Telecom on Wednesday offered its stocks for sale to individuals. Ethiopian citizens can buy Ethio Telecom shares on Telebirr mobile application. Institutions are now permitted to buy the stocks. Prime Minister of Ethiopia Abiy…
Ethiopian Banks on Tuesday lowered selling price of US Dollar and other foreign currencies after the National Bank of Ethiopia (NBE) issued new guidelines about foreign exchange rates. The National Bank of Ethiopia last night…
How to buy Ethio Telecom Shares on Telebirr? This questions is being asked by the Ethiopian investors who are showing interest in buying the shares of Ethiopia’s state owned telecommunication company. Following information will be…
Ethiopia’s state owned telecommunication company, Ethio Telecom, will sell its shares on Wednesday. The company will sell its shares on Telebirr. Ethio Telecom is one of profitable Ethiopian entities. Earlier this year, the Ethiopian Prime…
The Board of Directors of the National Bank of Ethiopia has issued a directive allowing banks to invest in the Ethiopian Stock Exchange (ESX). The banks can invest in and establish subsidiary capital market service…