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Cooperative Bank of Oromia net profit rises to 6.14 billion birr on lending and forex gains

Business

OCT 17, 2026·3 MIN READ

Cooperative Bank of Oromia net profit rises to 6.14 billion birr on lending and forex gains

Cooperative Bank of Oromia's audited 2025/26 results show profit before tax of 8.11 billion birr and net profit of 6.14 billion birr, driven by higher lending income and a foreign-exchange turnaround. The bank's total assets reached 224.09 billion birr.

Business

OCT 17, 2026·3 MIN READ

Cooperative bank of Oromia's pretax profit jumps to 11.5 billion birr as assets reach 224 billion

Cooperative Bank of Oromia's net profit rose nearly fourfold to 6.14 billion birr in the 2025/26 fiscal year, driven by stronger lending income, higher fees, and a sharp turnaround in foreign exchange earnings.

Ethiopia

OCT 15, 2026·3 MIN READ

Several Investment Banks Appointed Lead Distributors for Dangote Refinery Shares in Ethiopia

Several Investment Banks Appointed Lead for Dangote Petroleum Refinery shares in Ethiopia, with applications open to qualified investors until October 23, 2026. The offering is restricted to high-net-worth individuals and institutions under an Ethiopian Capital Market Authority exemption.

Ethiopia

OCT 15, 2026·3 MIN READ

CBE Capital to distribute Dangote Petroleum Refinery shares to qualified Ethiopian investors

CBE Capital Investment Bank S.C. has been appointed as one of the lead distributors for the sale of Dangote Petroleum Refinery shares in Ethiopia, opening a regulated channel for q...

Business

OCT 13, 2026·3 MIN READ

ECMA Confines Dangote Petroleum Securities Offering in Ethiopia to Qualified Investors

Dangote Petroleum and Petrochemicals has issued a public notice for a proposed offering of securities in Ethiopia, restricted to qualified investors. The notice signals a potential capital markets transaction involving the Nigerian conglomerate in the Ethiopian market.

PoliticsOCT 10, 2026

Dagmawit Shiferaw Appointed ECMA Director General as Hana Tehelku Moves to Investment Commission

BusinessOCT 10, 2026

Hana Tehelku appointed Commissioner of Ethiopian Investment Commission

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Business3 MIN READ

Cooperative Bank of Oromia net profit rises to 6.14 billion birr on lending and forex gains

Bethlehem GashawOCT 17, 2026

Business3 MIN READ

Cooperative bank of Oromia's pretax profit jumps to 11.5 billion birr as assets reach 224 billion

Bethlehem GashawOCT 17, 2026

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Ethiopia3 MIN READ

Several Investment Banks Appointed Lead Distributors for Dangote Refinery Shares in Ethiopia

Bethlehem GashawOCT 15, 2026

Ethiopia3 MIN READ

CBE Capital to distribute Dangote Petroleum Refinery shares to qualified Ethiopian investors

CBE Capital Investment Bank S.C. has been appointed as one of the lead distributors for the sale of Dangote Petroleum Refinery shares in Ethiopia, opening a regulated channel for q...

Bethlehem GashawOCT 15, 2026

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