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Addis Ababa Strengthens
Addis Ababa, Jan 01/01/2026 (ABN) Addis Ababa continues to reinforce its status as one of Africa’s leading tourism and conference destinations, driven by expanding infrastructure, growing international connectivity, and renewed promotion of its rich cultural and historical assets. As the diplomatic capital of Africa and home to the African Union, Addis Ababa remains a key destination for international conferences, business travel, and diplomatic tourism. The city hosts hundreds of continental and global meetings annually, significantly contributing to hotel occupancy, service sector growth, and foreign currency earnings. Tourism stakeholders highlight that Addis Ababa’s appeal lies in its unique blend of ancient […]Read more...
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Africa Connected: Ethio
Addis Ababa, Des 06/2025 (ABN) In a significant diplomatic and digital cooperation milestone, the Prime Minister of Cameroon, H.E. Chief Dr. Joseph Dion Ngute, has applauded the growing partnership between Ethio telecom and CAMTEL, calling it a model for Africa’s collaborative digital future. The Prime Minister received Frehiwot Tamru, CEO of Ethio telecom, and Judith Yah Sunday, Director General of CAMTEL, during a high-level meeting in Yaoundé. His Excellency underscored that digitalization stands at the heart of sustainable economic growth, highlighting that such progress is most effective when African operators work together. He praised the initiative taken by both telecom […]Read more...
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Ethio telecom &
Addis Ababa, Nov,20/2025 (ABN) Ethio telecom, in partnership with Awash Bank, has officially launched “Tila”, a groundbreaking non-collateral digital finance and device-financing service delivered through telebirr. The initiative marks a major milestone in Ethiopia’s digital transformation journey, expanding inclusive financial access and accelerating smartphone penetration across the country. As a national telecom operator serving over 57.59 million subscribers, Ethio telecom continues to expand its role beyond connectivity driving digital finance, digital solutions, and inclusive economic growth. Through telebirr, the company has already disbursed over 31.6 billion Birr in digital microloans to 15 million customers, while enabling 4.71 million users to […]Read more...
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Facilitating Cash Flow
Daniel Tiruneh Abyssinia Business Network
We published the March issue, Edition by Abyssinia Business Network.
The National Bank of Ethiopia (NBE) announced that it has lifted its loan ban in place for the past four months. The National Bank of Ethiopia (NBE) has ordered banks to provide loans to all their customers, The Reporter reported. The ban was imposed to prevent ``economic fraud`` and was implemented following the widening gap in parallel and legal foreign exchange trading.
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