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Awash Bank Named Ethiopia's Largest Domestic Private Taxpayer

Awash Bank S.C. has emerged as the leading domestic private taxpayer in Ethiopia, contributing 15.77 billion birr to the government during the 2025/26 fiscal year. This performance...

Aksion Editorial TeamAUG 4, 2026

Business2 MIN READ

Startup Credit Guarantee Fund Reports Zero Defaults on ETB 85.7 Million in Loans

A joint UNDP and Development Bank of Ethiopia initiative has enabled 37 startups to secure financing with no defaults, prompting an extension of the program through the end of 2026.

Aksion Editorial TeamAUG 4, 2026

Business2 MIN READ

Data Mining Firms Lead EEP to Record $476 Million Forex Revenue

Ethiopian Electric Power (EEP) reported a record $475.7 million in foreign exchange earnings for the 2025/26 fiscal year, largely driven by electricity sales to data mining companies.

Aksion Editorial TeamAUG 3, 2026

Business2 MIN READ

Tsedey Bank Reports ETB 4.3 Billion Profit Following Strategic Reforms

Aksion Editorial TeamAUG 3, 2026

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Finance & Capital Markets★ Guest

Things to Watch for When Investing in Ethiopia's Capital Market

JUL 21, 2026

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