Ethiopia News & Analysis | The Kenyan Wallstreet

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Thursday, November 6, 2025

Ethiopia

Safaricom Ethiopia is Winning Users, Bleeding Cash, Says World Bank

The latest World Bank Ethiopia Telecom Market Assessment Report shows that Safaricom’s entry into Ethiopia has reshaped the country’s telecom market. For real time market updates and analysis, join our [...]

Harry Njuguna

a month ago

Ethiopia MPC Holds Policy Rate at 15%, Raises Credit Growth Ceiling to 24%

The National Bank of Ethiopia’s Monetary Policy Committee has kept the benchmark rate at 15% in its fourth meeting in September 2025, while raising the credit growth ceiling to 24%. [...]

Harry Njuguna

a month ago

Ethiopia Names Eyob Tekalign as New Central Bank Governor

Ethiopia’s Prime Minister Abiy Ahmed has appointed State Finance Minister Dr. Eyob Tekalign as governor of the National Bank of Ethiopia, filling the vacancy left by Mamo Mihretu earlier this [...]

Harry Njuguna

a month ago

Ethiopia to Remove Long-Standing Lift Bank Lending Cap

Ethiopia will remove its long-standing cap on bank lending, a landmark reform expected to release 1.3 trillion birr (US$ 21.9 billion) into the economy, officials at the Ministry of Finance [...]

Chelsy Maina

2 months ago

Equity Bank Bids for Ethiopia’s Banking Sector

Equity Bank Group has taken a major step toward expanding into Ethiopia after its chief executive Dr. James Mwangi held talks with Ethiopian Investment Commission (EIC) Commissioner Dr. Zeleke Temesgen [...]

Harry Njuguna

2 months ago

Ethiopia Inagurates US$ 4.2bn Grand Renaissance Dam

Ethiopia has inaugurated the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project, marking a watershed moment for Africa's second most populous nation as it seeks energy independence and a [...]

Chelsy Maina

2 months ago

Ethiopia Tightens VAT Rules to Widen Tax Base

Ethiopia has introduced sweeping changes to its Value Added Tax (VAT) system, requiring a broader range of businesses and professionals to register under the tax regime. The directive also extends [...]

Chelsy Maina

2 months ago

Mamo Mihretu Resigns as Ethiopia's Central Bank Boss After Reform-Heavy Tenure

Mamo Mihretu has stepped down as Governor of the National Bank of Ethiopia (NBE), ending a 32-month tenure that redefined the country’s monetary policy and financial regulation. On leaving the [...]

Harry Njuguna

2 months ago

Dangote Group, Ethiopia Sign US$ 2.5Bn Fertiliser Plant Deal

Dangote Group and Ethiopian Investment Holdings have signed a shareholder investment agreement to establish a US$2.5 billion fertiliser plant in Ethiopia. This project will create jobs locally, ensure a reliable [...]

Staff Reporter

2 months ago

AfDB to Arrange Financing for Ethiopia's US$ 10bn Mega Airport

Ethiopia has moved closer to building Africa's largest airport after signing a mandate letter with the African Development Bank (AfDB) to arrange financing for a new greenfield facility in Bishoftu. [...]

Business Reporter

3 months ago

Ethio Telecom Cements Market Lead with 73% Revenue Jump

Ethiopia's leading telco Ethio Telecom capped its three-year LEAD Growth Strategy with all-time high revenues and continued expansion across digital and network infrastructure, reinforcing its dominance in Ethiopia’s liberalizing telecoms [...]

Harry Njuguna

3 months ago

Safaricom Ethiopia Hits 10 Million Users Amid Rapid Expansion

Safaricom Plc shares rose 4.8% on Tuesday, closing at KSh 26.20, their highest since October 2022, after the telco company reported that its Ethiopian subsidiary has crossed the 10 million [...]

Harry Njuguna

4 months ago

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