The Federal Police Crime Investigation Bureau says it has uncovered a large-scale counterfeit distribution...

The National Bank of Ethiopia has introduced a new directive allowing embassies, international organizations...

The Ethiopian Capital Market Authority has granted Nigeria’s United Capital Group the country’s first foreign investment banking licence, marking a historic milestone for Ethiopia’s emerging capital market. The licence, issued on 5 June 2026, followed months of regulatory review and legal vetting involving the Capital Market Authority, the Ethiopian Investment Commission and other relevant government institutions, according to ECMA Director General Hana Tehelku, who spoke exclusively to Capital. United Capital will operate through a wholly owned local subsidiary, United Capital Financial Services PLC, making it the first foreign investment bank licensed to establish a base in Addis Ababa. The company said it has brought in more than $1.5 million in capital to fund its investment banking operations in Ethiopia. Hana said the licence reflects Ethiopia’s efforts to build a robust and globally competitive capital market while opening...

EthSwitch, Ethiopia’s national payment switch, has recorded more than 1 million EthioPay-IPS transactions in...

The Commercial Bank of Ethiopia says its digital banking channels processed 15 trillion birr...

Africa’s debt crisis will not be solved by borrowing alone, nor by waiting for rescue from outside the continent....

​As Ethiopia concludes its national election cycle this weekend, the domestic business community is closely analyzing the implications for...

Africa Day should be more than a ceremonial date on the calendar. It should be a reminder that the...

For too long, Africa’s infrastructure debate has been framed as a simple shortage story: not enough concessional finance, not...