Shega Media and Technology PLC is an Addis Ababa based digital media and research company that focuses on the innovation, technology, and startup space in Ethiopia.
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The Bank's financial stability remains solid, with paid-up capital reaching 7.5 billion birr, providing a cushion of 2.5 billion birr above the central bank’s 2026 deadline.The Bank's financial stability remains solid, with paid-up capital reaching 7.5 billion birr, providing a cushion of 2.5 billion birr above the central bank’s 2026 deadline.0 Comments 0 Shares
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According to the latest central bank figures, there are over 22 million interest-free accounts in Ethiopia, holding nearly 205 billion birr in deposits.According to the latest central bank figures, there are over 22 million interest-free accounts in Ethiopia, holding nearly 205 billion birr in deposits.0 Comments 0 Shares
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The EU accounted for 34.5% of all merchandise exports from Ethiopia in the second quarter of 2023/2024, with coffee contributing nearly a third of the total outflow.The EU accounted for 34.5% of all merchandise exports from Ethiopia in the second quarter of 2023/2024, with coffee contributing nearly a third of the total outflow.0 Comments 0 Shares
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Following the transition towards a market-based foreign exchange regime in the final days of July, the ballooning spread at most banks had become a source of concern for many industry onlookers.Following the transition towards a market-based foreign exchange regime in the final days of July, the ballooning spread at most banks had become a source of concern for many industry onlookers.0 Comments 0 Shares
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Since the launch of Dashen’s partnership with Ethio Telecom, the bank has been able to provide 1,306,158 customers with micro-credit of 8.6 billion birr and collect micro-savings of 474 million birr.Since the launch of Dashen’s partnership with Ethio Telecom, the bank has been able to provide 1,306,158 customers with micro-credit of 8.6 billion birr and collect micro-savings of 474 million birr.0 Comments 0 Shares
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