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Banks Edge Up Dollar Rates as Central Bank Steers a Quiet Slide in the Birr
19 Nov 2025 08:53 GMT
… market and channelling more foreign currency into official systems.
The … , an indication that its forex managers either faced keener buyer … state-owned Commercial Bank of Ethiopia (CBE), inched up to … , exceeding 180 Br.
The Birr weakened, but in inches. …
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Tokenizing Ethiopia’s Debt: A Digital Path to Financial Inclusion
15 Nov 2025 14:19 GMT
Ethiopia’s domestic debt has reached 2.56 trillion Birr ( … similar blockchain-based innovations, Ethiopia could broaden investor participation … .
“Trust is the currency of the future.” The … . By embracing blockchain, Ethiopia can expand funding sources, …
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Central Bank Misses the Mark on Forex Market Speculation
08 Nov 2025 22:34 GMT
… to be free to trade forex based on their discretionary judgment … give a central bank clout.
Ethiopia’s coffers held 2.8 … by buying or selling hard currency is sharply constrained. Intervention works … grip on pricing, allowing the Birr to discover an honest level …
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Safaricom Ethiopia Banks on Breaking Even in 2027, Reports Narrowing Losses
08 Nov 2025 14:10 GMT
… reporting that Safaricom Telecommunications Ethiopia PLC saw its losses … s Ethiopia unit registered close to 16 billion Birr … currency in July 2024 only further complicated Safaricom Ethiopia … the consortium behind Safaricom Ethiopia through the International …
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Businesses flock to Ethiopia’s newly-opened banking market
08 Nov 2025 12:33 GMT
… partial float of the birr in 2024 and the … when adjusted for inflation and currency effects, real domestic savings … of ownership also reflects Ethiopia’s measured approach. Foreign … .
According to Assefa, “Ethiopia is engineering a controlled opening …
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Safaricom Ethiopia Revenue Jumps 136%, but M-PESA Stalls
07 Nov 2025 10:45 GMT
… monetize the platform in Ethiopia, likely prioritizing customer … below-cost levels. Safaricom Ethiopia’s CEO, Wim Vanhelleputte … the Ethiopian government’s currency reforms, while stabilizing the … significant depreciation of the birr. This volatility impacts …
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Safaricom Ethiopia narrows losses by 53%
07 Nov 2025 08:01 GMT
… which was attributed to forex reforms and the stabilising … monopoly. However, Safaricom Telecommunications Ethiopia (STE) Plc, the subsidiary … environment across Kenya and Ethiopia, marked by intensified … of the Ethiopian currency (the birr) and ongoing foreign …
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Ethiopian Birr Continues Its Free Fall: Inflation, Political Instability, and Forex Shortages Deepen Economic Woes
13 Oct 2025 20:51 GMT
… : Ethiopia’s inflation is crushing its people
The Ethiopian Birr … political factors. Ethiopia’s foreign currency reserves are at … import controls, new forex licensing rules, and increased … fastest-growing economies, Ethiopia’s current economic trajectory …
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The Sea We Lost Together: Ethiopia, Eritrea, and the Struggle Over the Port of Assab
02 Nov 2025 19:00 GMT
… both countries shared a common currency—the Ethiopian birr (Negash & Tronvoll, … demanded payments in hard currency, while Ethiopia continued to treat Assab … mistrust. Eritrea accused Ethiopia of dominance; Ethiopia perceived Eritrea as overreaching …
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Ethiopia Reports Major Foreign Debt Restructuring Under Reform Programme
02 Nov 2025 14:33 GMT
… surged from 170 billion birr, approximately 2.95 … citizens.
Economists suggest Ethiopia’s experience offers lessons … years of internal conflict, currency devaluation, and economic turmoil … financial institutions have recognized Ethiopia’s reform trajectory while …