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Development Bank of Ethiopia Secures €31 Million for MSME Lending in Conflict-Affected Regions

Business

JUL 29, 2026·2 MIN READ

Development Bank of Ethiopia Secures €31 Million for MSME Lending in Conflict-Affected Regions

The Development Bank of Ethiopia is launching a €31 million concessional loan facility, funded by the EU and KfW, to support small businesses in Afar, Amhara, and Tigray.

Business

JUL 29, 2026·2 MIN READ

Ethiopian Airlines Reports $9.1 Billion Revenue Amid Fleet Expansion and Global Network Growth

Ethiopian Airlines Group achieved $9.1 billion in revenue during the 2025/26 fiscal year, driven by a 10% increase in passenger traffic and 16% growth in cargo volumes despite rising fuel costs and regional geopolitical challenges.

Business

JUL 29, 2026·2 MIN READ

Ethiopian Capital Market Authority Approves Nib Insurance Share Registration

The Ethiopian Capital Market Authority has officially registered over 2.8 million shares of Nib Insurance S.C., including both existing holdings and a new offering for current shareholders.

Business

JUL 29, 2026·2 MIN READ

Nib International Bank Returns to Profitability with 4.2 Billion Birr Earnings

Nib International Bank has reported a pre-tax profit of 4.2 billion Birr for the 2025/26 fiscal year, marking a recovery from the previous year's losses linked to foreign exchange reforms.

Finance & Capital Markets

JUL 28, 2026·2 MIN READ

Abyssinia Bank Officially Lists on Ethiopian Securities Exchange

Bank of Abyssinia has officially joined the Ethiopian Securities Exchange, marking a new addition to the country's growing capital market.

Finance & Capital MarketsJUL 27, 2026

Zemen Bank Reports 10.2 Billion Birr Pre-Audit Profit for FY2025/26

Finance & Capital MarketsJUL 27, 2026

Ethiopian Capital Market Authority Registers Additional Shares for Wegagen Bank

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Latest News

Business2 MIN READ

Development Bank of Ethiopia Secures €31 Million for MSME Lending in Conflict-Affected Regions

The Development Bank of Ethiopia is launching a €31 million concessional loan facility, funded by the EU and KfW, to support small businesses in Afar, Amhara, and Tigray.

Aksion Editorial TeamJUL 29, 2026

Business2 MIN READ

Ethiopian Airlines Reports $9.1 Billion Revenue Amid Fleet Expansion and Global Network Growth

Aksion Editorial TeamJUL 29, 2026

Business2 MIN READ

Ethiopian Capital Market Authority Approves Nib Insurance Share Registration

The Ethiopian Capital Market Authority has officially registered over 2.8 million shares of Nib Insurance S.C., including both existing holdings and a new offering for current shareholders.

Aksion Editorial TeamJUL 29, 2026

Business2 MIN READ

Nib International Bank Returns to Profitability with 4.2 Billion Birr Earnings

Nib International Bank has reported a pre-tax profit of 4.2 billion Birr for the 2025/26 fiscal year, marking a recovery from the previous year's losses linked to foreign exchange reforms.

Aksion Editorial TeamJUL 29, 2026

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