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Amhara Bank keeps on selling shares

After setting the record for an initial paid up capital for a new entrant bank in the Ethiopian banking industry, Amhara Bank keeps on selling shares to interested Ethiopians and foreigners of Ethiopian Origin.

Ethiopia secures USD 1.1bln in FDI inflows: UNCTAD

The United Nations Conference on Trade and Development (UNCATD), in its Investment Trends Monitor Report released this week, indicated that Ethiopia remains relatively stable drawing USD 1.1 billion in Foreign Direct Investment inflows during the first half of 2020.

ECX to trade industrial products

With the approval by the Ministry of Trade (MoT), the Ethiopia Commodity Exchange (ECX) is set to open a special window for industrial processors, The Reporter has leant. 

 Case closed!

A month after the demonetization moves of the Abiy Ahmed (PhD) administration came into effect, a major phase came to an end yesterday as the time span for changing old notes with new ones ran out for amounts ranging from 100,000 birr to 1.5 million birr.