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Cooperative Bank of Oromia’s Michu Digital Lending Hits 60 Billion Birr

Business

JUL 9, 2026·2 MIN READ

Cooperative Bank of Oromia’s Michu Digital Lending Hits 60 Billion Birr

The Michu digital lending platform has reached 60 billion birr in total disbursements, adding 8 billion birr in new loans over the past three months.

Business

JUL 9, 2026·2 MIN READ

Ethiopia Secures Two of Africa’s Largest Industrial Investments in 2025

Ethiopia attracted two of the ten largest greenfield investment projects in Africa during 2025, maintaining a steady annual foreign direct investment inflow of approximately $4 billion.

Business

JUL 9, 2026·1 MIN READ

Benishangul Gumuz Supplies Nearly 9 Tonnes of Gold to National Bank of Ethiopia

The Benishangul Gumuz Regional State delivered 8,985 kilograms of gold to the National Bank of Ethiopia during the 2025/26 fiscal year, citing improved sector reforms.

Business

JUL 9, 2026·2 MIN READ

Ethiopia Records $4.32 Billion in FDI as Investment Licenses Reach Annual Targets

Ethiopia attracted $4.32 billion in foreign direct investment during the 2025/26 fiscal year, an 8% increase supported by new investment licenses and improved export performance in Special Economic Zones.

Capital Markets & Finance

JUL 9, 2026·1 MIN READ

Gadaa Bank Launches 1-Million Share Issuance Following ECMA Approval

Gadaa Bank has opened a public offering for one million shares priced at 1,050 birr each to fund its digital banking expansion. The subscription period runs from June 30, 2026, to September 27, 2026.

EthiopiaJUL 8, 2026

Ethiopia and Thailand Sign Bilateral Market Access Protocol for WTO Accession

Capital Markets & FinanceJUL 7, 2026

Ethiopian Securities Exchange Grants Approval in Principle to 4 Companies

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Latest News

Business2 MIN READ

Cooperative Bank of Oromia’s Michu Digital Lending Hits 60 Billion Birr

The Michu digital lending platform has reached 60 billion birr in total disbursements, adding 8 billion birr in new loans over the past three months.

Aksion Editorial TeamJUL 9, 2026

Business2 MIN READ

Ethiopia Secures Two of Africa’s Largest Industrial Investments in 2025

Ethiopia attracted two of the ten largest greenfield investment projects in Africa during 2025, maintaining a steady annual foreign direct investment inflow of approximately $4 billion.

Aksion Editorial TeamJUL 9, 2026

Business1 MIN READ

Benishangul Gumuz Supplies Nearly 9 Tonnes of Gold to National Bank of Ethiopia

The Benishangul Gumuz Regional State delivered 8,985 kilograms of gold to the National Bank of Ethiopia during the 2025/26 fiscal year, citing improved sector reforms.

Aksion Editorial TeamJUL 9, 2026

Business2 MIN READ

Ethiopia Records $4.32 Billion in FDI as Investment Licenses Reach Annual Targets

Aksion Editorial TeamJUL 9, 2026

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