Addis Fortune @addisfortune Channel on Telegram

Addis Fortune

20 Nov, 15:40

#DelicateNumber

Addis Fortune

20 Nov, 15:00

𝗕𝗝𝗢𝗥𝗡 𝗟𝗢𝗠𝗕𝗢𝗥𝗚: #ClimateAction A tussle in the global arena sees wealthier countries, the chief emitters of greenhouse gases, advocating for emission cuts, while their poorer counterparts struggle to lift their people out of poverty, a fight that largely depends on fossil fuel consumption. This contradiction led Western countries to start offering financial incentives two decades ago. Yet, a question lingers. Has this open-handed approach by the West been received with gratitude, or has it only raised the stakes higher?

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Addis Fortune

20 Nov, 14:20

#Banking Wegagen Bank's robust performance relies heavily on its strategic approach to risk management and its successful loan portfolio expansion during margin pressures and asset quality concerns in the industry. The Bank's positive growth trajectory is shaped by its leverage, which stands at an equity multiplier of 7.14, indicating its efficient use of assets for growth.

561

Addis Fortune

20 Nov, 14:00

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: The electrical control panel is a system designed to manage and protect various electrical circuits, suitable for commercial or industrial use. It is engineered to handle high loads and offers protection, monitoring, and control functions.

561

Addis Fortune

20 Nov, 13:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

572

Addis Fortune

20 Nov, 12:20

#PublicDebt It's time to see these public enterprises for what they indeed are: liabilities in disguise. Every Birr funnelled into these ventures translates to mounting future obligations, sapping private sector confidence and investment. Higher taxes, slower growth, and stalled innovation could become evident. Each Birr diverted to service the debt is a missed opportunity to invest in the infrastructure crucial for economic vitality. Citizens who depend on these enterprises are the ones who pay the price for their inefficiencies.

620

Addis Fortune

20 Nov, 12:01

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: The 800 GPD Reverse Osmosis (RO) Water Filtration System is a high-capacity water purification system, capable of producing up to 800 gallons of purified water per day.

548

Addis Fortune

20 Nov, 11:40

Don’t miss out on the opportunity to make informed financial decisions. Visit Addis Fortune+ Money Market Monitoring today to start leveraging real-time exchange rate insights and take control of your financial future. Say goodbye to uncertainty and welcome precision and confidence in your forex transactions!

601

Addis Fortune

20 Nov, 11:00

The rise of independent forex bureaus is part of broader economic liberalisation efforts. While the reforms may increase customer convenience and reduce reliance on the parallel market, the long-term economic implications remain uncertain. Experts caution that while these changes can drive efficiency, careful management will be crucial to avoid further destabilising an already fragile economy.

657

Addis Fortune

20 Nov, 10:20

#LandAuctions The bidding war was not limited to private individuals. Companies like Pave Logistics Trading Plc were among the highest bidders, revealing plans to establish a logistics hub, offices, and residential spaces.

629

Addis Fortune

20 Nov, 10:00

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ከወዳጅ ዘመድዎ ከተለያዩ ሃገራት ከባንካችን ጋር ከሚሰሩ ዓለም አቀፍ የገንዘብ አስተላላፊ ድርጅቶች አማካኝነት የሚላክልዎትን ገንዘብ በአቅራቢያዎ ከሚገኙ የባንካችን ቅርንጫፎች ጎራ ሲሉ ባንካችን በፍጥነትና በቅልጥፍና በቤተሰባዊ መስተንግዶ በእጅዎ ያስረክብዎታል፡፡

አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር! https://linktr.ee/anbesabank
#AnbesaBank #lioninternationalbank #KeyToSuccess

593

Addis Fortune

20 Nov, 09:20

𝗗𝗔𝗡𝗜𝗘𝗟 𝗞𝗔𝗦𝗦𝗔𝗛𝗨𝗡: #TradeBarriers Ethiopia's economic environment is taking a dramatic turn. Prime Minister Abiy Ahmed's (PhD) administration introduced macroeconomic reforms, earmarked as keystones for sustainable growth. While internal tensions rose, his administration floated the Birr, devaluing it by 30pc overnight last July. However, despite fears of inflation, Ethiopia's credit rating saw an upgrade from Fitch Ratings. The achievement gives a glimmer of hope in the economy's uncertain future.

608

Addis Fortune

20 Nov, 08:46

The push for reform is not new. For nearly 25 years, attempts to shift the financial system toward market-based principles have stumbled, due to a lack of sustained institutional follow-through and shifting government priorities.

650

Addis Fortune

20 Nov, 08:00

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

671

Addis Fortune

20 Nov, 07:20

The Ethiopian Capital Market Authority has been building up the ecosystem’s regulatory framework. Hana Tehelku, director general, identified their efforts at partnership with regional markets such as Kenya, Namibia, and Nigeria to entice foreign capital through borrowed best practices. David Wainaina, COO of the Nairobi Securities Exchange (NSE), noted the underdeveloped state of Ethiopia’s pension funds compared to Kenya’s, where pension funds are a dominant force in the stock exchange in the NSE. He cautioned that the success of the Ethiopian Securities Exchange will depend on cultivating a solid base of local institutional investors before it can attract foreign capital.

712

Addis Fortune

20 Nov, 06:40

#ForexMarket A fascinating dynamic unfolds within the banking industry as several banks try to prevail in the foreign exchange market. For instance, Dashen Bank, deviating from the typical pattern, recorded the highest buying rate of 122.85 Br on November 15 and 16, nearly three Birr above the market average. Contrastingly, the CBE held the lowest buying rate at 119.2 Br, displaying a more conservative posturing.

700

Addis Fortune

20 Nov, 06:20

Don’t miss out on the opportunity to make informed financial decisions. Visit Addis Fortune+ Money Market Monitoring today to start leveraging real-time exchange rate insights and take control of your financial future. Say goodbye to uncertainty and welcome precision and confidence in your forex transactions!

732

Addis Fortune

20 Nov, 06:00

Malaria, a persistent threat in rural areas, is resurging with alarming intensity in 2024, exposing deep-rooted systemic issues aggravated by climate change and inadequate health infrastructure. In the past three months alone, the Ministry of Health has reported nearly 2.9 million cases, a staggering 200pc increase compared to the same period in previous years.

1,173

Addis Fortune

19 Nov, 15:40

#Verbatim Aboubaker O. Hadi, chairman of Djibouti Ports & Free Zones Authority (DPFZA), praised the National Bank of Ethiopia's (NBE) decision last week to allow exporters to retain 50pc of their export earnings indefinitely.

889

Addis Fortune

19 Nov, 15:00

#PublicDebt Take the Ethiopian Electric Power (EEP). Charged with the ambitious goal of transforming Ethiopia into an energy powerhouse, it is buried under an astounding debt of over 191.79 billion Br. Much of this debt is tied to monumental projects like the GERD, which could revolutionise regional trade by providing affordable and sustainable energy. However, progress has been slow by delays and cost overruns, turning Ethiopia's energy dreams into potentially dire consequences.

854

Addis Fortune

05 Nov, 15:30

#DelicateNumber

594

Addis Fortune

05 Nov, 14:20

#Addis Abeba The unchecked and obstinate noise pollution in the city has reached worrying levels, especially around Bole, Qirqos, and Nifas Silk districts. Traffic congestion, uncontrolled honking, particularly from the infamous Higer buses and Sino trucks, and the relentless roar of sound have encumbered the city's soundscape. Researchers found that educational institutions exceeded 55 decibels during school hours, the primary culprits being transportation noise and commercial outlets.

Read more

678

Addis Fortune

05 Nov, 14:01

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

579

Addis Fortune

05 Nov, 13:20

A street vendor sells ‘bottled’ water from his cart in Mercato, 10 Br per litre. His wagon is stocked with multiple-sized used plastic bottles looking to be repurposed alongside a large filtered water dispenser.

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714

Addis Fortune

05 Nov, 12:40

A man balances himself on the front bumper of a brightly colored bus, cleaning its window. Commonly called qitqit, such buses are usually Isuzu brand that have been reporposed from their original objective of transporting goods.

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725

Addis Fortune

05 Nov, 12:00

Meet the Addis Fortune+ Money Market Monitoring platform, your solution to the chaotic foreign exchange scene. It’s an innovative tool for real-time foreign exchange rates from over 30 banks, helping you have the most accurate and timely data at your fingertips. Imagine conducting international business or preparing for travel with confidence, knowing you’re getting the best rates available.

735

Addis Fortune

05 Nov, 10:20

Federal Housing Corporation (FHC) has launched a one billion Birr construction materials manufacturing factory on a four-hectare plot in the capital.

Read more

820

Addis Fortune

05 Nov, 09:40

AliExpress has launched its first showroom in Addis Abeba through a partnership with a company active in BPO, warehousing, logistics, farming, and manufacturing. AliExpress, a leading online retailer established in 2010 by China-based Alibaba Group, entered the Ethiopian market in August.

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816

Addis Fortune

05 Nov, 09:01

Curious onlookers watch deconstruction and construction work from behind a concrete barrier in Megenagna. City authorities announced the building of an underground pedestrian walkway system to be completed in 45 days as part of Corridor Development projects, causing temporary pedestrian and vehicle detours.

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747

Addis Fortune

05 Nov, 08:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ዘምነው ይክፈሉ!

በጥሬ ገንዘብ ሳይጨናነቁ እስከ 500ሺ ብር በዳሸን ባንክ ፖስ (POS) ማሽን ተጠቅመው በመክፈል ወደ ዘመናዊው ዓለም ይቀላቀሉ።

#DashenBank #Dashen #Bank #Ethiopia #ኢትዮጵያ #pos
#paynow #cardpayment #cashout #cash

746

Addis Fortune

05 Nov, 08:00

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

697

Addis Fortune

05 Nov, 07:52

Abyssinia Group of Industries (AGI), a leading East African steel producer, is poised for significant expansion owing to a proposed investment from the International Finance Corporation (IFC) which is considering a financing package of up to 50 million dollars, including parallel loans in local currency.

656

Addis Fortune

05 Nov, 07:20

Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) to 'CCC+' from 'CCC-', citing easing financing pressures, improved macroeconomic stability, and increased confidence that local-currency obligations will not be part of the ongoing debt restructuring.

Read more

665

Addis Fortune

05 Nov, 07:01

𝐁𝐄𝐑𝐄𝐊𝐄𝐓 𝐁𝐀𝐋𝐂𝐇𝐀: The stakes of the upcoming U.S. election extend far beyond America’s borders, rippling across continents already destabilized by growing conflicts. This year's election arrives amid unprecedented global turmoil, where the world seems closer to the brink of catastrophe than ever before.

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1,133

Addis Fortune

05 Nov, 06:40

𝗞𝗘𝗗𝗜𝗕𝗢𝗡𝗘 𝗣𝗛𝗔𝗚𝗢 & 𝗦𝗬𝗦𝗠𝗔𝗡 𝗠𝗢𝗧𝗟𝗢𝗨𝗡𝗚: #USElection As the U.S. prepares for a historic vote on November 5, the world takes a collective breath. The race between Vice President Kamala Harris and former President Donald Trump has been one of razor-thin margins, encapsulating the country — and the world — in an anticipatory hush. With the stakes high not only for Americans but also for the world, Africa keeps a close eye on this political tug-of-war.

Read more

645

Addis Fortune

05 Nov, 06:20

Meet the Addis Fortune+ Money Market Monitoring platform, your solution to the chaotic foreign exchange scene. It’s an innovative tool for real-time foreign exchange rates from over 30 banks, helping you have the most accurate and timely data at your fingertips. Imagine conducting international business or preparing for travel with confidence, knowing you’re getting the best rates available.

713

Addis Fortune

05 Nov, 06:02

Ethiopia and Germany have signed grant agreements totaling approximately 33 million dollars to support two initiatives: "Increasing Productivity through Innovation in Agriculture II" and "Promotion of Ethiopian Private Sector II."

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752

Addis Fortune

04 Nov, 14:02

#Addis Abeba, often referred to as the 'New Flower,' is facing mounting crises due to unchecked urban growth. Majestic pathways and infrastructure developments tell an impressive yet incomplete story of a steadily modernising city. But beneath the gloss and gleam, Addis Abeba wrestles with escalating air and noise pollution. Roughly 16,000 vehicles crowd the main city roads daily, resulting in noise decibels exceeding WHO standards, an auditory assault that could be avoidable but unacceptable.

Read more

988

Addis Fortune

04 Nov, 13:40

#BankingIndustry Zemen Bank, a relatively young, has once again proven its weight by posting a net income of 2.5 billion Br for the 2023/24 fiscal year. The performance places it seventh among 28 private commercial banks, affording it a ground above the industry's average net income of 1.9 billion Br. Despite the banking industry's intense profitability concentration, Zemen Bank has stood out as an outlier, signalling structural gaps.

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929

Addis Fortune

04 Nov, 13:20

Parliament received a bill last week mandating year-long training and biennial license renewals for school teachers, principals, and supervisors. If approved, the Ministry of Education will oversee the professional development program, while private schools must cover the associated costs for their staff.

Read more

832

Addis Fortune

04 Nov, 12:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

594

Addis Fortune

04 Nov, 12:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ከወዳጅ ዘመድዎ ከተለያዩ ሃገራት ከባንካችን ጋር ከሚሰሩ ዓለም አቀፍ የገንዘብ አስተላላፊ ድርጅቶች አማካኝነት የሚላክልዎትን ገንዘብ በአቅራቢያዎ ከሚገኙ የባንካችን ቅርንጫፎች ጎራ ሲሉ ባንካችን በፍጥነትና በቅልጥፍና በቤተሰባዊ መስተንግዶ በእጅዎ ያስረክብዎታል፡፡

አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር! https://linktr.ee/anbesabank
#AnbesaBank #lioninternationalbank #KeyToSuccess

583

Addis Fortune

04 Nov, 12:01

In the fast-paced world of foreign exchange trading, every penny counts. With the Birr recently floated, currency exchange has never been more volatile. In the absence of timely and credible information, it leads to potential financial losses for individuals and businesses alike. Are you tired of making poor transactional decisions due to outdated information? It’s time to change that!

Visit exchange.addisfortune.news .

542

Addis Fortune

04 Nov, 11:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

559

Addis Fortune

04 Nov, 11:20

Ethiopian Airlines Group has extended an invitation to financial institutions and newly licensed foreign exchange bureaus, offering the possibility to rent space within the bustling Terminal Two at Bole International Airport. The Group seeks forex providers to fill seven rental spots at the terminal, which accommodates around 25 million travellers annually.

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610

Addis Fortune

04 Nov, 10:40

#ForexMarket Dollar to Brewed Buck exchange rates are subtly shifting. Over the past week, the Brewed Buck has shown signs of a weakening trend against the U.S. Dollar, with commercial banks adjusting their rates in response to this trend. Leading banks like Oromia, Abay, and Dashen were setting the pace with aggressive forex procurement strategies.

Read more

657

Addis Fortune

04 Nov, 10:00

The federal government is set to reform the franco valuta scheme due to concerns over market distortion, capital flight, and its impact on parallel market rates. Originally aimed at easing foreign currency flows for manufacturers and traders amid a forex shortage, the scheme allowed businesses to import goods without presenting foreign currency documentation. However, issues have arisen, with officials noting its impact on parallel market rates and concerns over capital flight.

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708

Addis Fortune

04 Nov, 09:01

A recent earthquake in southern Afar has caused significant disruption to Sabure Primary & Secondary School. Students, particularly younger ones, panicked due to the unfamiliar experience. The school has been forced to hold classes outdoors as several blocks were rendered unusable.

Read more

741

Addis Fortune

04 Nov, 08:20

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

770

Addis Fortune

04 Nov, 07:20

According to the Ministry of Agriculture's first-quarter report, the plan was to buy and distribute 2.4 million tons of fertiliser this year, of which 1.33 million tons is DAP. Last year, two million tons were bought, with 1.65 million tons distributed. The Ministry has already dispatched 512,201tns in the first quarter.

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1,004

Addis Fortune

04 Nov, 07:01

#InterbankLending Two private banks have made history by becoming the first to transact on an electronic platform managed by the Ethiopian Securities Exchange (ESX) and developed by Info-Tech Group. The transaction marks a step towards an interest-rate-based monetary framework and heralds new possibilities for the country's financial system.

Read more

691

Addis Fortune

04 Nov, 06:40

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

676

Addis Fortune

04 Nov, 06:20

In the fast-paced world of foreign exchange trading, every penny counts. With the Birr recently floated, currency exchange has never been more volatile. In the absence of timely and credible information, it leads to potential financial losses for individuals and businesses alike. Are you tired of making poor transactional decisions due to outdated information? It’s time to change that!

Visit exchange.addisfortune.news .

724

Addis Fortune

04 Nov, 06:01

Nestled within the seismically active East African Rift System, the Afar Regional State is no stranger to earthquakes. The latest was a few minutes past midnight on Saturday, November 3, 2024. Twenty nine kilometres northwest of the Awash town, 156Km from the capital, the quake (4.7 on a richer scale) cracked the earth for close to 10Km, causing indoor objects to shake.

Read more

783

Addis Fortune

03 Nov, 10:40

Meet the Addis Fortune+ Money Market Monitoring platform, your solution to the chaotic foreign exchange scene. It’s an innovative tool for real-time foreign exchange rates from over 30 banks, helping you have the most accurate and timely data at your fingertips. Imagine conducting international business or preparing for travel with confidence, knowing you’re getting the best rates available.

1,023

Addis Fortune

03 Nov, 09:36

Check our Sunday edition out this morning in #AddisAbeba, #Ethiopia and available online at https://addisfortune.news

909

Addis Fortune

03 Nov, 09:01

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

813

Addis Fortune

01 Nov, 08:20

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

166

Addis Fortune

01 Nov, 08:00

𝗞𝗜𝗗𝗜𝗦𝗧 𝗬𝗜𝗗𝗡𝗘𝗞𝗔𝗖𝗛𝗘𝗪: The high cost of living and diminishing economic opportunities force citizens to make desperate decisions, including risking dangerous journeys for a better future. Ensuring that people can thrive where they call home should be given better attention.

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230

Addis Fortune

01 Nov, 07:40

#DisasterPreparedness The Mercato inferno, one of nearly 200 reported fires in Addis Abeba this year, has unveiled not only the city's fragile disaster preparedness but also the vulnerabilities of a booming metropolis, to double its population to over 10 million by 2030. A hub of artisans, traders and merchants, Mercato embodies the spirit and heartbeat of a vibrant community now faced with the aftermath of a disaster that brought to light the dangers of inadequate planning and safety regulations.

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270

Addis Fortune

01 Nov, 07:20

𝗠𝗔𝗥𝗜𝗔𝗡𝗔 𝗠𝗔𝗭𝗭𝗨𝗖𝗔𝗧𝗢 & 𝗦𝗔𝗥𝗔 𝗦𝗢𝗡𝗚𝗪𝗘: #ClimateFinance Global warming, on its current trajectory, threatens to surpass three °C, putting at risk an alarming 18pc of the global GDP by 2050. The largest contributors to this crisis, the G20 member states, who account for 80pc of greenhouse gas emissions, are now being looked upon to lead the monumental shift towards a more sustainable economy.

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297

Addis Fortune

01 Nov, 07:00

𝗡𝗚𝗢𝗭𝗜 𝗢𝗞𝗢𝗡𝗝𝗢-𝗜𝗪𝗘𝗔𝗟𝗔 & 𝗠𝗔𝗞𝗛𝗧𝗔𝗥 𝗗𝗜𝗢𝗣: #GlobalTrade The recent COVID-19 pandemic offered a powerful example of the importance of supply chain finance, as cashflow constraints surged during drastic shifts in global demand. Small businesses, such as garment producers, found themselves needing to purchase more inputs to meet increased demand, despite payments from buyers lagging behind. Supply chain finance provided a lifeline, offering immediate funds to manage working capital and stabilise operations.

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307

Addis Fortune

01 Nov, 06:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

327

Addis Fortune

01 Nov, 06:20

In the fast-paced world of foreign exchange trading, every penny counts. With the Birr recently floated, currency exchange has never been more volatile. In the absence of timely and credible information, it leads to potential financial losses for individuals and businesses alike. Are you tired of making poor transactional decisions due to outdated information? It’s time to change that!

Visit Addis Fortune+ Money Market Monitoring.

344

Addis Fortune

01 Nov, 06:00

𝗛𝗜𝗡𝗧𝗦𝗔 𝗔𝗡𝗗𝗘𝗕𝗥𝗛𝗔𝗡: #BRICS new members such as Iran, Egypt, Ethiopia, and the United Arab Emirates (UAE) have historically linked with the United States. The Central Bank of Egypt reported the US as the largest source of foreign direct investment, contributing 2.3 billion dollars, equivalent to 10pc of total FDI inflows. Hence, their inclusion in the bloc raised intriguing questions about the change in global trade dynamics.

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383

Addis Fortune

31 Oct, 14:40

𝗘𝗗𝗘𝗡 𝗦𝗔𝗛𝗟𝗘: When parents think of meal preparation as arduous, we must remind ourselves of the long-term implications of what we feed our children. Good nutrition at a young age can be the bedrock of a healthy, capable, and resilient life—a small sacrifice today for a lifetime of benefits.

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705

Addis Fortune

31 Oct, 14:02

Some do not seem alarmed. Wasihun Tesfaye, executive secretary of the Ethiopian Citizens for Social Justice (Ezema), argues the new fees are justified, considering the previous rates that were too minimal, they could have been higher. Others are cautious. Getinet Worku, a former secretary-general of the Enat Party, observes that the fee rise reflects a broader trend of escalating costs among service providers and could indicate that the Board needs additional funds for its operations.

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686

Addis Fortune

31 Oct, 13:40

#DisasterPreparedness Preparedness shouldn't only be a matter of fiscal efficiency, but social justice too. The World Bank estimates annual losses exceeding 400 million dollars due to natural disasters, a cost that investment in disaster preparedness could potentially reduce by 30pc. As the federal government commits to infrastructure projects, adequate funding for disaster management programmes should also be a priority.

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613

Addis Fortune

31 Oct, 13:20

The lack of clear guidance and coordination between legislators and regulators has created uncertainty for taxpayers. Tax lawyers criticise the inconsistent interpretation of the law and the potential for miscommunication and exploitation. They underline the importance of effective implementation to avoid adverse consequences for businesses and the economy.

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593

Addis Fortune

31 Oct, 13:01

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

594

Addis Fortune

31 Oct, 12:40

#Banking It is noteworthy that Dashen Bank's strategical adjustment, which involved a deliberate investment in government securities to offset limitations on credit growth, has demonstrated the Bank's effective risk management for sustainable growth.

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633

Addis Fortune

31 Oct, 12:20

𝗕𝗢𝗚𝗢𝗟𝗢 𝗞𝗘𝗡𝗘𝗪𝗘𝗡𝗗𝗢 & 𝗣𝗔𝗧𝗥𝗜𝗖𝗞 𝗡𝗝𝗢𝗥𝗢𝗚𝗘: #DebtCrisis Africa, home to 17 out of 20 countries most susceptible to the impacts of climate change, is struggling with a skyrocketing debt crisis. Public debt levels rose by an astonishing 240pc between 2008 and 2022. This economic instability exacerbates vulnerability to the damaging effects of global warming, creating a destructive cycle of financial stress and environmental devastation.

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661

Addis Fortune

31 Oct, 12:00

Don’t miss out on the opportunity to make informed financial decisions. Visit Addis Fortune+ Money Market Monitoring today to start leveraging real-time exchange rate insights and take control of your financial future. Say goodbye to uncertainty and welcome precision and confidence in your forex transactions!

604

Addis Fortune

31 Oct, 11:40

𝗛𝗜𝗡𝗧𝗦𝗔 𝗔𝗡𝗗𝗘𝗕𝗥𝗛𝗔𝗡: #BRICS Brazil, Russia, India, China, and South Africa - and their newly added friends - held a summit last week to address their clear agenda. They want a refined global order, challenging the dominance of the US Dollar in international trade. The group seeks to dismantle what it perceives as "Dollar economic colonialism," asserting greater autonomy for emerging economies.

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628

Addis Fortune

31 Oct, 11:01

𝗡𝗚𝗢𝗭𝗜 𝗢𝗞𝗢𝗡𝗝𝗢-𝗜𝗪𝗘𝗔𝗟𝗔 & 𝗠𝗔𝗞𝗛𝗧𝗔𝗥 𝗗𝗜𝗢𝗣: #GlobalTrade The supply chain forms the skeleton of global commerce, accounting for over half of global merchandise trade value. Yet, the finance undergirding these vast networks is falling short, leaving many small businesses in developing countries unable to fully participate in the global economy. In an era when goods cross multiple borders before reaching the end consumer, firms rely heavily on supply-chain finance to bridge the gap between paying suppliers and receiving payments from buyers.

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644

Addis Fortune

31 Oct, 09:26

Approximately 400Kg of gold have been transferred from the Jubilee Palace, on Menelik Avenue, to the National Bank of Ethiopia (NBE), Prime Minister Abiy Ahmed (PhD) disclosed to Parliament. The transfer followed the completion of renovation work at the palace, which was carried out by Varnero Construction.

708

Addis Fortune

31 Oct, 09:20

𝗞𝗜𝗗𝗜𝗦𝗧 𝗬𝗜𝗗𝗡𝗘𝗞𝗔𝗖𝗛𝗘𝗪: Life has become painfully difficult. The profound dilemma—a tug-of-war between wanting a better life and the bonds that root us in the country calls for an earnest commitment to improving the conditions that keep people close to their homeland.

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637

Addis Fortune

31 Oct, 06:20

Don’t miss out on the opportunity to make informed financial decisions. Visit Addis Fortune+ Money Market Monitoring today to start leveraging real-time exchange rate insights and take control of your financial future. Say goodbye to uncertainty and welcome precision and confidence in your forex transactions!

153

Addis Fortune

31 Oct, 06:01

𝗕𝗘𝗥𝗘𝗞𝗘𝗧 𝗕𝗔𝗟𝗖𝗛𝗔: The launch of the capital market and Ethio telecom's public offering signals the dawn of a financial sector in Ethiopia. I envision a future where the country has its stock index with analysts and financiers tracking market trends.

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221

Addis Fortune

30 Oct, 15:20

#DelicateNumber

671

Addis Fortune

30 Oct, 15:02

𝗔𝗝𝗔𝗬 𝗕𝗔𝗡𝗚𝗔, 𝗙𝗘𝗥𝗡𝗔𝗡𝗗𝗢 𝗛𝗔𝗗𝗗𝗔𝗗 & 𝗠𝗔𝗥𝗜𝗡𝗔 𝗦𝗜𝗟𝗩𝗔: #ClimateCrisis A crucial priority should be to protect and conserve our tropical forests. These natural wonders store substantial amounts of carbon, and their loss could trigger a massive one-degree Celsius rise in global temperatures. They are home to innumerable biodiversity and are crucial for the ecosystem services they provide.

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672

Addis Fortune

30 Oct, 13:40

#Banking Dashen Bank's strategy to diversify income sources and focus on non-interest income has proven rewarding, contributing to its robust financial performance. Under its president, Asfaw Alemu, the Bank's total assets expanded by 26.9pc to 183.72 billion Br. However, its management also acknowledged the need for continual improvement in a fast-paced and evolving financial sector.

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708

Addis Fortune

30 Oct, 13:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

665

Addis Fortune

30 Oct, 12:40

Local manufacturers are facing difficulties due to exchange rate volatility, which adds unforeseen costs and makes it difficult to plan for the future. Despite government efforts to provide forex support, the current system has limitations and delays.

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649

Addis Fortune

30 Oct, 12:20

#DisasterPreparedness Despite looming threats of disaster risks, cities lack a centralised coordination unit for timely response, a critical requirement for successful emergency management. Addis Abeba's vulnerabilities extend beyond healthcare, with a remarkably dense population, rampant urban sprawl, water scarcity, and energy insecurities further compounding these concerns. Yet, managing this expansion sustainably calls for a robust regulatory framework and coordinated efforts, both of which are largely missing today.

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639

Addis Fortune

30 Oct, 12:01

Experience the peace of mind that comes with having all essential forex data in one user-friendly platform. Whether you're an individual planning your next trip or a business optimizing profits, Addis Fortune+ Money Market Monitoring platform offers you seamless rate comparisons, detailed analysis, and unparalleled accuracy. Join hundreds of thousands of users, including Ethiopians in the diaspora, who rely on Addis Fortune+ for reliable and instant computation of daily exchange rate data.

613

Addis Fortune

30 Oct, 11:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

597

Addis Fortune

30 Oct, 11:00

The fire accentuated the issues of emergency response in densely populated urban areas like Mercato. While residents complained of delayed response, the fire department cites narrow alleys and congested infrastructure hindered the efforts, contributing to the extent of the damage.

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649

Addis Fortune

30 Oct, 10:46

#FuelFinancing The Central Bank has traditionally managed foreign currency allocations by absorbing up to 50pc of export proceeds and 70pc of remittance inflows. This allowed the state to ensure reserve availability for critical imports such as fuel and fertiliser. Now, as it phases out these surrender requirements, confirming with ongoing macroeconomic reforms, currency inflows become more subject to market dynamics, and private banks see a new role at the helm of currency pressure management.

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636

Addis Fortune

30 Oct, 10:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የተማሪዎችን እና የወላጆችን ውጣ ውረድ በመቀነስ ውድ ጊዜን ገንዘብን እና ውስብስብ አሰራርን ለመቅረፍ ታስቦ የቀረበ ትክክለኛ አማራጭ አንበሳ ስኩል ፔይ (Anbesa School Pay) አገልግሎት!
የአንበሳ ስኩል ፔይ አገልግሎት ተጠቃሚ ሲሆኑ:-
➡️ በጥሬ ገንዘብ ለመሰብሰብ የሚያጠፉትን የሰው ኃይል፣ ጊዜ እና ገንዘብ ይቆጥባል፤
➡️ በየጊዜው ወደ ባንክ ገንዘብ ገቢ ለማድረግ የሚፈጠረውን የብክነት እና ስርቆት ስጋቶት ይቀንሳል፤
➡️ ወላጆች ክፍያ በፈፀሙበት ቅፅበት ወደ ባንክ ሂሳባቸዉ ገቢ መሆኑን ያሳውቃል፤
➡️ የተማሪዎች ክፍያ በወቅቱ መከፈል አለመከፈሉን በቀላሉ ለመቆጣጠር ያስችላል፤
➡️ ከክፍያ ባሻገር ያሉ ማንኛውንም ዓይነት መረጃዎችን በቀላሉ ለማግኘት ይረዳል፤
➡️ በትምህርት ቤቶች ላይ የሚኖረውን የስራ ጫና ያቃልላል፤
➡️ የትምህርት ጥራትን ለማስጠበቅ የሚደረጉ ጥረቶች ለማፋጠን፤
➡️ የተማሪዎችን የትምህርት ሁኔታ ለመከታተል፤ እና ሌሎችም ጠቀሜታዎች አሉት
አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር!
#LIB #anbesaschoolpay #schoolfee #salarymanager

625

Addis Fortune

30 Oct, 10:00

𝗠𝗔𝗥𝗜𝗔𝗡𝗔 𝗠𝗔𝗭𝗭𝗨𝗖𝗔𝗧𝗢 & 𝗦𝗔𝗥𝗔 𝗦𝗢𝗡𝗚𝗪𝗘: #ClimateFinance Last week, finance and climate ministers from across the globe congregated in Washington, DC, for the annual IMF and World Bank Group meetings. Their pressing task was to envisage and implement new economic development pathways in line with the Paris Climate Agreement's goal of limiting global warming to 1.5°C. The G20 Taskforce, responsible for around 85pc of the world GDP, was urged for a green industrial revolution backed by thorough financial reforms.

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641

Addis Fortune

30 Oct, 09:40

The retroactive application of VAT on new banking services, including digital transactions, has raised concerns about its impact on banks and the potential discouragement of digital banking. While the government aims to increase tax revenue, the abrupt implementation has left banks struggling to comply and recover lost revenue.

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659

Addis Fortune

30 Oct, 08:40

Woubshet Ayele, deputy chairperson of the National Election Board, underscored that the adjustments are designed to support the Board’s ability to provide essential services to political parties. He noted that 65 million Br in government funds was recently distributed to parties, continuing a policy in place since the introduction of multiparty politics in 1991.

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767

Addis Fortune

30 Oct, 08:01

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

764

Addis Fortune

30 Oct, 07:00

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

791

Addis Fortune

30 Oct, 06:40

#ForexMarket Banks' response to the growing forex scarcity is a fascinating play to observe. With the regulatory two percent spread between buying and selling rates, commercial banks signal a competitive but constrained forex market. With a notably lower spread, the Central Bank's unique activity revealed its efforts to stabilise the Brewed Buck using tighter margins to temper fluctuations.

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774

Addis Fortune

30 Oct, 06:20

Experience the peace of mind that comes with having all essential forex data in one user-friendly platform. Whether you're an individual planning your next trip or a business optimizing profits, Addis Fortune+ Money Market Monitoring platform offers you seamless rate comparisons, detailed analysis, and unparalleled accuracy. Join hundreds of thousands of users, including Ethiopians in the diaspora, who rely on Addis Fortune+ for reliable and instant computation of daily exchange rate data.

707

Addis Fortune

29 Oct, 15:05

#Verbatim Mesfin Araya (Prof), the chief commissioner of Ethiopia's National Dialogue Commission, said last week that he has not sought an extension of the Commission's mandate and has no plans to request one from Parliament. Only five months remaining before the federal agency's legislative term concludes.

545

Addis Fortune

29 Oct, 14:20

#DisasterPreparedness In the face of escalating climate and environmental shocks, disaster preparedness should be a top priority in a country where infrastructure is expanding, and urban populations are booming. A World Bank diagnostic reveals that many cities and towns are ill-prepared to manage disasters, with escalating flood risks prevalent in cities like Adama (Nazareth), Bahir Dar, and Dire Dawa. Only 35pc of roads in urban centres are paved, an obstacle to emergency response.

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611

Addis Fortune

29 Oct, 14:02

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

588

Addis Fortune

29 Oct, 13:20

Corrugated metal sheets held down by wooden beams, tires, and other materials help give shelter to this home in the Richie neighborhood. The area was known to hold one of the capital’s oldest bowling alleys.

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703

Addis Fortune

29 Oct, 12:40

A group of uniformed workers carefully pull down a sign board around Millenium Hall. The Corridor Development projects around Addis Ababa aim to modernize the city’s infrastructure by requiring digital signboards.

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690

Addis Fortune

29 Oct, 12:01

Meet the Addis Fortune+ Money Market Monitoring platform, your solution to the chaotic foreign exchange scene. It’s an innovative tool for real-time foreign exchange rates from over 30 banks, helping you have the most accurate and timely data at your fingertips. Imagine conducting international business or preparing for travel with confidence, knowing you’re getting the best rates available.

703

Addis Fortune

29 Oct, 11:40

The fire has had a profound impact on the lives of thousands of people who rely on Mercato for their livelihoods. Traders like Tesfaye and Abdulwehab have lost not only their businesses but also their primary source of income, leaving them facing uncertain futures. The emotional toll of the fire is equally devastating, as many have lost their lives work and family legacy.

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676

Addis Fortune

29 Oct, 11:20

A three-day agricultural exhibition assembling stakeholders from the poultry, aquaculture, apiculture, and livestock is set to kick off at Millenium Hall on Airport Road.

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664

Addis Fortune

29 Oct, 11:10

Federal legislators have approved five cabinet level positions today with a member of Parliament (MP) voted against and two abstentions were counted. Gedion Timotheos (PhD) leads the charge as the new minister of Foreign Affairs, filling in Taye Asqeselassie’s shoes, where he stayed briefly before becoming the country's president.

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641

Addis Fortune

29 Oct, 10:20

The iconic Africa Hall, where the leaders of 32 African nations gathered in 1963 to establish the OAU, the precursor to today’s African Union (AU) was inaugurated after comprehensive renovation works at a cost of 57 million dollars.

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697

Addis Fortune

29 Oct, 10:01

Ethiopian Investment Holdings has made its second joint venture with an electric mobility startup company to avail 100 battery swap stations in Addis Abeba within a year and expand to 300 stations over the next three years.

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676

Addis Fortune

29 Oct, 09:40

Three Ethiopian innovators have emerged victorious in Total Energies' annual start-up competition. Open to entrepreneurs aged 18 to 35 owning businesses less than three years old, the competition aims to support groundbreaking projects across the continent.

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677

Addis Fortune

29 Oct, 09:20

Ethiopia's digital economy is expected to show significant growth contributing 1.3 trillion Br in the next four years, according to a latest report by Global System for Mobile Communications (GSMA).

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714

Addis Fortune

29 Oct, 09:00

Visitors walk around a Moroccan bazaar at the Hyatt Regency hotel featuring thirty Moroccan exhibitors showcasing offerings from leather goods to woodwork and bronze artistry.

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722

Addis Fortune

29 Oct, 07:40

USAID and OCP Ethiopia Fertilisers Manufacturing PLC (OCP-EFMC) have partnered to tackle soil acidity, aiming to boost crop yields and farmer incomes.

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810

Addis Fortune

29 Oct, 07:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: አሁን ይብረሩ ቆይተው ይክፈሉ!
እርስዎ ብቻ በፈለጉት ጊዜ ይብረሩ፤ ክፍያውን ከባንካችን በወሰዱት ዕቅድ መሠረት ቀስ ብለው ይከፈሉ፡፡
#DashenBank #Dashen #Bank #Ethiopia #ኢትዮጵያ #flynowpaylater #ethiopianairlines #airlines

765

Addis Fortune

29 Oct, 07:01

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

704

Addis Fortune

29 Oct, 06:40

Zeleke Temesgen (PhD) has been appointed as the new commissioner of the Ethiopian Investment Commission (EIC) after previously serving as deputy commissioner.

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755

Addis Fortune

29 Oct, 06:20

Meet the Addis Fortune+ Money Market Monitoring platform, your solution to the chaotic foreign exchange scene. It’s an innovative tool for real-time foreign exchange rates from over 30 banks, helping you have the most accurate and timely data at your fingertips. Imagine conducting international business or preparing for travel with confidence, knowing you’re getting the best rates available.

760

Addis Fortune

29 Oct, 06:01

Country Trading PLC announced the opening of its second duty-free store, dubbed 'Millennium Duty Free', located inside Skylight Hotel last week. The store will also cater to the city's diplomatic corps in addition to transit Ethiopian Airlines' transit passengers staying at the hotel.

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822

Addis Fortune

27 Oct, 10:00

In the fast-paced world of foreign exchange trading, every penny counts. With the Birr recently floated, currency exchange has never been more volatile. In the absence of timely and credible information, it leads to potential financial losses for individuals and businesses alike. Are you tired of making poor transactional decisions due to outdated information? It’s time to change that!

Visit Addis Fortune+Money Market Monitoring.

582

Addis Fortune

27 Oct, 09:02

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

574

Addis Fortune

27 Oct, 08:01

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የተማሪዎችን እና የወላጆችን ውጣ ውረድ በመቀነስ ውድ ጊዜን ገንዘብን እና ውስብስብ አሰራርን ለመቅረፍ ታስቦ የቀረበ ትክክለኛ አማራጭ አንበሳ ስኩል ፔይ (Anbesa School Pay) አገልግሎት!
የአንበሳ ስኩል ፔይ አገልግሎት ተጠቃሚ ሲሆኑ:-
➡️ በጥሬ ገንዘብ ለመሰብሰብ የሚያጠፉትን የሰው ኃይል፣ ጊዜ እና ገንዘብ ይቆጥባል፤
➡️ በየጊዜው ወደ ባንክ ገንዘብ ገቢ ለማድረግ የሚፈጠረውን የብክነት እና ስርቆት ስጋቶት ይቀንሳል፤
➡️ ወላጆች ክፍያ በፈፀሙበት ቅፅበት ወደ ባንክ ሂሳባቸዉ ገቢ መሆኑን ያሳውቃል፤
➡️ የተማሪዎች ክፍያ በወቅቱ መከፈል አለመከፈሉን በቀላሉ ለመቆጣጠር ያስችላል፤
➡️ ከክፍያ ባሻገር ያሉ ማንኛውንም ዓይነት መረጃዎችን በቀላሉ ለማግኘት ይረዳል፤
➡️ በትምህርት ቤቶች ላይ የሚኖረውን የስራ ጫና ያቃልላል፤
➡️ የትምህርት ጥራትን ለማስጠበቅ የሚደረጉ ጥረቶች ለማፋጠን፤
➡️ የተማሪዎችን የትምህርት ሁኔታ ለመከታተል፤ እና ሌሎችም ጠቀሜታዎች አሉት
አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር!
#LIB #anbesaschoolpay #schoolfee #salarymanager

520

Addis Fortune

27 Oct, 07:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ለሀገር ውስጥም ሆነ ለውጭ ጉዞዎ፤ የብርሃንን የሞባይል እና ኢንተርኔት ባንኪንግ ተጠቅመው የበረራ ቲኬትዎን በቀላሉ ይግዙ!
#eticket #guzogo #internetbanking #mobilebanking #berhanbank #bank #finance #Stressfreebanking #bankinethiopia

439

Addis Fortune

27 Oct, 07:01

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

455

Addis Fortune

27 Oct, 06:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: አሁን ይብረሩ ቆይተው ይክፈሉ!
እርስዎ ብቻ በፈለጉት ጊዜ ይብረሩ፤ ክፍያውን ከባንካችን በወሰዱት ዕቅድ መሠረት ቀስ ብለው ይከፈሉ፡፡
#DashenBank #Dashen #Bank #Ethiopia #ኢትዮጵያ #flynowpaylater #ethiopianairlines #airlines

444

Addis Fortune

27 Oct, 06:20

In the fast-paced world of foreign exchange trading, every penny counts. With the Birr recently floated, currency exchange has never been more volatile. In the absence of timely and credible information, it leads to potential financial losses for individuals and businesses alike. Are you tired of making poor transactional decisions due to outdated information? It’s time to change that!

Visit Addis Fortune+Money Market Monitoring.

525

Addis Fortune

27 Oct, 06:00

Check our Sunday edition out this morning in #AddisAbeba, #Ethiopia and available online at https://addisfortune.news

547

Addis Fortune

26 Oct, 13:20

#Forex The floating exchange rate system risks are daunting, amping up exchange rate volatility, inflationary pressures, and liquidity constraints. However, these hurdles also harbour opportunities for innovation, improvement, and growth, even for sectors as crucial as exports. A vital aspect of this new dawn in banking is the support offered to small and medium enterprises, often the bulwark of export growth.

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814

Addis Fortune

26 Oct, 12:20

𝗕𝗝𝗢𝗥𝗡 𝗟𝗢𝗠𝗕𝗢𝗥𝗚: #EducationReform In a world where the quest for better education remains paramount, an innovative and cost-effective approach paves the way for a more productive and well-equipped future generation. This approach could be the key to unlocking the potential of nearly half a billion primary school children in the world's poorer half, evidence of the power of innovation in defining our future.

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751

Addis Fortune

26 Oct, 12:00

Don’t miss out on the opportunity to make informed financial decisions. Visit Addis Fortune+ Money Market Monitoring today to start leveraging real-time exchange rate insights and take control of your financial future. Say goodbye to uncertainty and welcome precision and confidence in your forex transactions!

656

Addis Fortune

26 Oct, 11:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

658

Addis Fortune

26 Oct, 11:20

𝗕𝗘𝗥𝗘𝗞𝗘𝗧 𝗕𝗔𝗟𝗖𝗛𝗔: West African countries have maintained a strong cultural identity, particularly through traditional attire. Their vibrant, beautiful garments serve as a powerful reminder of the importance of cultural continuity, even amid external pressures from globalisation.

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568

Addis Fortune

26 Oct, 11:00

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: አሁን ይብረሩ ቆይተው ይክፈሉ!
እርስዎ ብቻ በፈለጉት ጊዜ ይብረሩ፤ ክፍያውን ከባንካችን በወሰዱት ዕቅድ መሠረት ቀስ ብለው ይከፈሉ፡፡
#DashenBank #Dashen #Bank #Ethiopia #ኢትዮጵያ #flynowpaylater #ethiopianairlines #airlines

552

Addis Fortune

26 Oct, 10:40

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

524

Addis Fortune

26 Oct, 09:20

𝗚𝗘𝗟𝗦𝗢𝗠𝗜𝗡𝗔 𝗩𝗜𝗚𝗟𝗜𝗢𝗧𝗧𝗜: #EndHunger The challenge of securing financing to combat hunger can't be tackled alone. It requires international collaboration, innovative financing tools like green or social bonds, and more efficient use of existing resources. This is where global partners like the EIB, the United Nations Food & Agriculture Organisation (FAO), and other international organisations come together to fight food insecurity, promote environmental sustainability, and enhance climate resilience.

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703

Addis Fortune

26 Oct, 08:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የተማሪዎችን እና የወላጆችን ውጣ ውረድ በመቀነስ ውድ ጊዜን ገንዘብን እና ውስብስብ አሰራርን ለመቅረፍ ታስቦ የቀረበ ትክክለኛ አማራጭ አንበሳ ስኩል ፔይ (Anbesa School Pay) አገልግሎት!
የአንበሳ ስኩል ፔይ አገልግሎት ተጠቃሚ ሲሆኑ:-
➡️ በጥሬ ገንዘብ ለመሰብሰብ የሚያጠፉትን የሰው ኃይል፣ ጊዜ እና ገንዘብ ይቆጥባል፤
➡️ በየጊዜው ወደ ባንክ ገንዘብ ገቢ ለማድረግ የሚፈጠረውን የብክነት እና ስርቆት ስጋቶት ይቀንሳል፤
➡️ ወላጆች ክፍያ በፈፀሙበት ቅፅበት ወደ ባንክ ሂሳባቸዉ ገቢ መሆኑን ያሳውቃል፤
➡️ የተማሪዎች ክፍያ በወቅቱ መከፈል አለመከፈሉን በቀላሉ ለመቆጣጠር ያስችላል፤
➡️ ከክፍያ ባሻገር ያሉ ማንኛውንም ዓይነት መረጃዎችን በቀላሉ ለማግኘት ይረዳል፤
➡️ በትምህርት ቤቶች ላይ የሚኖረውን የስራ ጫና ያቃልላል፤
➡️ የትምህርት ጥራትን ለማስጠበቅ የሚደረጉ ጥረቶች ለማፋጠን፤
➡️ የተማሪዎችን የትምህርት ሁኔታ ለመከታተል፤ እና ሌሎችም ጠቀሜታዎች አሉት
አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር!
#LIB #anbesaschoolpay #schoolfee #salarymanager

668

Addis Fortune

26 Oct, 08:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ለሀገር ውስጥም ሆነ ለውጭ ጉዞዎ፤ የብርሃንን የሞባይል እና ኢንተርኔት ባንኪንግ ተጠቅመው የበረራ ቲኬትዎን በቀላሉ ይግዙ!
#eticket #guzogo #internetbanking #mobilebanking #berhanbank #bank #finance #Stressfreebanking #bankinethiopia

603

Addis Fortune

26 Oct, 07:40

𝗝𝗜𝗠 𝗢'𝗡𝗘𝗜𝗟𝗟: #BRICS2024 With no clear shared purpose beyond symbolism, whether the BRICS could unite to make an impact remains to be seen. Potential exists in areas such as promoting freer trade, fighting climate change, and tackling infectious diseases. However, deep-rooted rivalries and differences in political and economic agendas could prove barriers to collective action.

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615

Addis Fortune

26 Oct, 07:20

𝗞𝗜𝗗𝗜𝗦𝗧 𝗬𝗜𝗗𝗡𝗘𝗞𝗔𝗖𝗛𝗘𝗪: Remote work offers mothers flexibility that allows them to be more present in their children's lives. However, this same flexibility can blur boundaries, making it hard to separate work from home life, especially when children are constantly seeking attention.

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636

Addis Fortune

25 Oct, 14:40

#Forex The introduction of the floating exchange rate system comes with a wave of uncertainty, but also, unparalleled potential. In this dramatically transformed environment, bankers are asked to rethink product offerings, engage markets proactively, and explore new avenues for financial stability. Their role extends beyond the simple offering of services to include an educational burden, informing clients of the implications of these shifts and the tools available to manage associated risks.

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483

Addis Fortune

25 Oct, 14:00

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

533

Addis Fortune

25 Oct, 13:40

#Obituary Even beyond his life in Ethiopia, Sandy's contributions were noteworthy. At Africa Advisory Partners (AAP), his expertise in Ethiopian affairs was invaluable. Always informed, Sandy was known for his ability to deal with complicated situations expertly. His commitment to staying connected with his team transcended borders, bringing pieces of the world back home with every return.

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508

Addis Fortune

25 Oct, 13:20

𝗕𝗝𝗢𝗥𝗡 𝗟𝗢𝗠𝗕𝗢𝗥𝗚: #EducationReform Malawi's innovative solution in education involves technology-assisted learning, redefining each child's learning path. By engaging with personalised adaptive software for an hour each day, a student can achieve up to three years of 'normal' learning, unlocking future learning potential and economic benefits for only 15 dollars a pupil annually.

Read more

512

Addis Fortune

25 Oct, 13:02

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የተማሪዎችን እና የወላጆችን ውጣ ውረድ በመቀነስ ውድ ጊዜን ገንዘብን እና ውስብስብ አሰራርን ለመቅረፍ ታስቦ የቀረበ ትክክለኛ አማራጭ አንበሳ ስኩል ፔይ (Anbesa School Pay) አገልግሎት!
የአንበሳ ስኩል ፔይ አገልግሎት ተጠቃሚ ሲሆኑ:-
➡️ በጥሬ ገንዘብ ለመሰብሰብ የሚያጠፉትን የሰው ኃይል፣ ጊዜ እና ገንዘብ ይቆጥባል፤
➡️ በየጊዜው ወደ ባንክ ገንዘብ ገቢ ለማድረግ የሚፈጠረውን የብክነት እና ስርቆት ስጋቶት ይቀንሳል፤
➡️ ወላጆች ክፍያ በፈፀሙበት ቅፅበት ወደ ባንክ ሂሳባቸዉ ገቢ መሆኑን ያሳውቃል፤
➡️ የተማሪዎች ክፍያ በወቅቱ መከፈል አለመከፈሉን በቀላሉ ለመቆጣጠር ያስችላል፤
➡️ ከክፍያ ባሻገር ያሉ ማንኛውንም ዓይነት መረጃዎችን በቀላሉ ለማግኘት ይረዳል፤
➡️ በትምህርት ቤቶች ላይ የሚኖረውን የስራ ጫና ያቃልላል፤
➡️ የትምህርት ጥራትን ለማስጠበቅ የሚደረጉ ጥረቶች ለማፋጠን፤
➡️ የተማሪዎችን የትምህርት ሁኔታ ለመከታተል፤ እና ሌሎችም ጠቀሜታዎች አሉት
አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር!
#LIB #anbesaschoolpay #schoolfee #salarymanager

503

Addis Fortune

25 Oct, 12:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

509

Addis Fortune

25 Oct, 12:20

𝗘𝗗𝗘𝗡 𝗦𝗔𝗛𝗟𝗘: Well-crafted narratives can introduce children to life’s complexities in a way that encourages strength, empathy, and wisdom, helping them navigate challenges without relying on magical fixes.

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545

Addis Fortune

25 Oct, 12:00

Experience the peace of mind that comes with having all essential forex data in one user-friendly platform. Whether you're an individual planning your next trip or a business optimizing profits, Addis Fortune+ Money Market Monitoring platform offers you seamless rate comparisons, detailed analysis, and unparalleled accuracy. Join hundreds of thousands of users, including Ethiopians in the diaspora, who rely on Addis Fortune+ for reliable and instant computation of daily exchange rate data.

548

Addis Fortune

25 Oct, 11:40

𝗕𝗘𝗥𝗘𝗞𝗘𝗧 𝗕𝗔𝗟𝗖𝗛𝗔: Hollywood's influence extends beyond fashion and entertainment, shaping global values and behaviours. Ethiopian icons like the late Alemayehu Eshete were inspired by Western films, reflecting how global media continues to permeate local societies and reshape identities.

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543

Addis Fortune

25 Oct, 11:00

𝗚𝗘𝗟𝗦𝗢𝗠𝗜𝗡𝗔 𝗩𝗜𝗚𝗟𝗜𝗢𝗧𝗧𝗜: #EndHunger Breaking the chains of hunger and malnutrition requires more than feeding the hungry. An inclusive and practical approach is needed to our agrifood systems. It involves improving the infrastructure and services that aid farmers in accessing markets, investing in storage and port facilities, and promoting climate-conscious production methodologies. However, these enormous tasks require extensive funding.

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587

Addis Fortune

25 Oct, 10:20

#ForeignExchange The banking industry is being reshaped by the Central Bank's policy separating exchange fees from posted rates. This change has allowed smaller and mid-sized banks to compete with larger counterparts by offering clearer, more competitive rates. However, this new policy has led to reverses in forex spreads and exchange rates among banks such as Goh Betoch, Wegagen, and ZamZam.

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632

Addis Fortune

25 Oct, 09:40

𝗧𝗜𝗟𝗔𝗛𝗨𝗡 𝗘. 𝗞𝗔𝗦𝗦𝗔𝗛𝗨𝗡: #ExchangeMarkets Ethiopia is on the brink of a financial revolution with Ethio telecom, one of the country's most profitable enterprises, set to launch its Initial Public Offering (IPO). It is a landmark moment in Ethiopia's capital market history, offering an unprecedented opportunity for Ethiopians to participate in the country's economic growth. The new direction will embody a momentous step towards modernising Ethiopia's financial ecosystem.

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679

Addis Fortune

25 Oct, 08:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

686

Addis Fortune

25 Oct, 08:20

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

685

Addis Fortune

25 Oct, 08:02

𝗞𝗜𝗗𝗜𝗦𝗧 𝗬𝗜𝗗𝗡𝗘𝗞𝗔𝗖𝗛𝗘𝗪: A supportive partner, family, or reliable childcare is essential for managing the demands of working from home. Without it, mothers can quickly become overwhelmed, leading to burnout and frustration as they try to balance work with childcare duties.

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639

Addis Fortune

25 Oct, 07:20

𝗝𝗜𝗠 𝗢'𝗡𝗘𝗜𝗟𝗟: #BRICS2024 As the BRICS add on new members, their selection criteria come into question. While Egypt, Ethiopia, and Iran mark the 12 largest emerging economies in terms of population, and the UAE boasts a wealthier status, others seem to be missing from the roster. Should the BRICS include more dynamic or prosperous countries like Mexico, Indonesia, and other Asian economies? Regardless, the ultimate efficacy of such expansions may be debatable.

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666

Addis Fortune

25 Oct, 06:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ይሳተፉ፣ ይሸለሙ!

ቅዳሜ ከጠዋቱ 3 ሰዓት በቴሌግራም ገፃችን ይጠብቁን
የቴሌግራም ገጻችንን ለመቀላቀል ማስፈንጠሪያውን ይጫኑ ፡ https://t.me/DashenBankEthiopia

#DashenBank #DashenQuiz #SaturdayQuiz #Ethiopia #quiz #quiztime #Telegram #fun

703

Addis Fortune

25 Oct, 06:20

Experience the peace of mind that comes with having all essential forex data in one user-friendly platform. Whether you're an individual planning your next trip or a business optimizing profits, Addis Fortune+ Money Market Monitoring platform offers you seamless rate comparisons, detailed analysis, and unparalleled accuracy. Join hundreds of thousands of users, including Ethiopians in the diaspora, who rely on Addis Fortune+ for reliable and instant computation of daily exchange rate data.

691

Addis Fortune

25 Oct, 06:01

𝗕𝗝𝗢𝗥𝗡 𝗟𝗢𝗠𝗕𝗢𝗥𝗚: #EducationReform Contrary to popular belief, policies backed by louder voices may not necessarily lead to better outcomes. While increasing spending per primary school pupil seemed like a good idea, India's experience showed that despite a 71pc increase over seven years, reading and math test scores declined. Neither was reducing class sizes, as championed by many teacher unions and politicians globally, found to have much impact on learning.

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737

Addis Fortune

24 Oct, 15:01

#Verbatim Legesse Tulu (PhD), minister of Government Communications Service, took to Facebook to defend the mobility disruptions caused by ongoing corridor development projects, delays, and bureaucratic oversights. He described these inconveniences, including residents falling through administrative cracks, as the necessary price of progress.

940

Addis Fortune

19 Oct, 13:20

𝗔𝗗𝗘𝗞𝗘𝗬𝗘 𝗔𝗗𝗘𝗕𝗔𝗝𝗢: #AfricaWorldOrder Shifting focus to the BRICS+ group, constituting 46pc of the world's population and contributing to 36pc of the global GDP, India emerges as an intriguing player. Despite being the fifth-largest economy globally, India suffers from the blights of domestic contradictions impeding its trajectory. South Africa makes its mark in BRICS+ GDP, actively committing to global issues.

Read more https://ow.ly/hRtH50TOlJc

428

Addis Fortune

19 Oct, 12:01

Access Real-Time Forex Rates: Introducing the Addis Fortune+ Money Market Monitoring platform for real-time Forex rates. Stay informed and make smarter money decisions today!

Visit exchange.addisfortune.news for more details.

492

Addis Fortune

19 Oct, 11:40

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

482

Addis Fortune

19 Oct, 11:20

𝗕𝗘𝗥𝗘𝗞𝗘𝗧 𝗕𝗔𝗟𝗖𝗛𝗔: The earthquake tremors that shook the foundations of Addis Abeba forced residents to confront the raw power of nature for brief seconds. The experience serves as a humbling reminder of our place in the world and the importance of preparing for the unexpected.

Read more https://ow.ly/ITVf50TOluL

481

Addis Fortune

19 Oct, 11:01

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: አሁን ይብረሩ ቆይተው ይክፈሉ!
እርስዎ ብቻ በፈለጉት ጊዜ ይብረሩ፤ ክፍያውን ከባንካችን በወሰዱት ዕቅድ መሠረት ቀስ ብለው ይከፈሉ፡፡
#DashenBank #Dashen #Bank #Ethiopia #ኢትዮጵያ #flynowpaylater #ethiopianairlines #airlines

434

Addis Fortune

19 Oct, 10:40

Buy your annual subscription for only 800 Br (USD 7.00) from https://finance.addisfortune.news.

Enjoy a high-value, insightful and profoundly analytical content on Ethiopia's banking industry.

434

Addis Fortune

19 Oct, 10:00

𝗘𝗗𝗘𝗡 𝗦𝗔𝗛𝗟𝗘: While it is commendable that the city administration mandates public toilets in restaurants and malls, simply having them without proper facilities only exacerbates the ongoing public hygiene crisis. Public spaces should provide necessary toiletries to help eliminate preventable diseases.

Read more https://ow.ly/bmcm50TOllt

460

Addis Fortune

19 Oct, 09:20

𝗜𝗔𝗡 𝗕𝗥𝗘𝗠𝗠𝗘𝗥 & 𝗠𝗔𝗥𝗜𝗘𝗧𝗝𝗘 𝗦𝗖𝗛𝗔𝗔𝗞𝗘: #GoverningAI Recognising the world's diversity, the UN panel on AI was a global first to govern AI. Last month, many of the panel's recommendations were incorporated into the Global Digital Compact. The agreement showed that cooperation and common ground are still possible, even among competing countries and sectors. One noteworthy recommendation was the establishment of an international scientific panel on AI.

Read more https://ow.ly/ZLv850TOkTV

490

Addis Fortune

19 Oct, 08:40

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የተማሪዎችን እና የወላጆችን ውጣ ውረድ በመቀነስ ውድ ጊዜን ገንዘብን እና ውስብስብ አሰራርን ለመቅረፍ ታስቦ የቀረበ ትክክለኛ አማራጭ አንበሳ ስኩል ፔይ (Anbesa School Pay) አገልግሎት!
የአንበሳ ስኩል ፔይ አገልግሎት ተጠቃሚ ሲሆኑ:-
➡️ በጥሬ ገንዘብ ለመሰብሰብ የሚያጠፉትን የሰው ኃይል፣ ጊዜ እና ገንዘብ ይቆጥባል፤
➡️ በየጊዜው ወደ ባንክ ገንዘብ ገቢ ለማድረግ የሚፈጠረውን የብክነት እና ስርቆት ስጋቶት ይቀንሳል፤
➡️ ወላጆች ክፍያ በፈፀሙበት ቅፅበት ወደ ባንክ ሂሳባቸዉ ገቢ መሆኑን ያሳውቃል፤
➡️ የተማሪዎች ክፍያ በወቅቱ መከፈል አለመከፈሉን በቀላሉ ለመቆጣጠር ያስችላል፤
➡️ ከክፍያ ባሻገር ያሉ ማንኛውንም ዓይነት መረጃዎችን በቀላሉ ለማግኘት ይረዳል፤
➡️ በትምህርት ቤቶች ላይ የሚኖረውን የስራ ጫና ያቃልላል፤
➡️ የትምህርት ጥራትን ለማስጠበቅ የሚደረጉ ጥረቶች ለማፋጠን፤
➡️ የተማሪዎችን የትምህርት ሁኔታ ለመከታተል፤ እና ሌሎችም ጠቀሜታዎች አሉት
አንበሳ ኢንተርናሽናል ባንክ
የስኬትዎ አጋር!
#LIB #anbesaschoolpay #schoolfee #salarymanager

509

Addis Fortune

19 Oct, 08:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ለሀገር ውስጥም ሆነ ለውጭ ጉዞዎ፤ የብርሃንን የሞባይል እና ኢንተርኔት ባንኪንግ ተጠቅመው የበረራ ቲኬትዎን በቀላሉ ይግዙ!
#eticket #guzogo #internetbanking #mobilebanking #berhanbank #bank #finance #Stressfreebanking #bankinethiopia

463

Addis Fortune

19 Oct, 08:04

The International Monetary Fund (IMF) has approved a 340.7 million dollar disbursement to Ethiopia, marking the first installment of a four-year, 3.4 billion dollar credit facility to stabilise the fragile economy.

Read more https://ow.ly/O5j950TP1Ac

509

Addis Fortune

19 Oct, 07:40

𝗞𝗜𝗗𝗜𝗦𝗧 𝗬𝗜𝗗𝗡𝗘𝗞𝗔𝗖𝗛𝗘𝗪: The dynamics of sharing go beyond fairness and reciprocity. Power, identity, and emotional attachment come into play, making even small acts of sharing complex.

Read more https://ow.ly/mGx050TOkCH

508

Addis Fortune

19 Oct, 07:20

𝗞𝗘𝗡𝗡𝗘𝗧𝗛 𝗥𝗢𝗚𝗢𝗙𝗙: #AfricaDebtCrisis Africa needs to grow its way out of debt, just like East Asia and South Asian countries have started to do. This requires overhauling foreign aid programs, shifting focus to grants instead of development loans. A considerable investment of around 100 billion dollars annually is needed for Africa's green transition, including electrifying the homes of 600 million Africans still living without electricity.

Read more https://ow.ly/lFQo50TOknX

527

Addis Fortune

19 Oct, 07:01

Do you have a burning desire for a fulfilling career in journalism? We are actively recruiting dedicated and enthusiastic individuals to join our editorial team.

Browse through available opportunities at careers.addisfortune.info

508

Addis Fortune

19 Oct, 06:40

#Forex: The immediate aftereffects of the forex policy shift included heightened exchange rate volatility and restrictions on inflationary pressures, forcing the banking industry to examine its traditional risk and liquidity management approaches. Market interventions could be initiated during periods of extreme volatility to prevent chaos, temporarily stabilising the Birr without backsliding to a managed float.

Read more https://ow.ly/tFYG50TOiBU

537

Addis Fortune

19 Oct, 06:20

Access Real-Time Forex Rates: Introducing the Addis Fortune+ Money Market Monitoring platform for real-time Forex rates. Stay informed and make smarter money decisions today!

Visit exchange.addisfortune.news for more details.

480

Addis Fortune

19 Oct, 06:01

𝗛𝗜𝗡𝗧𝗦𝗔 𝗔𝗡𝗗𝗘𝗕𝗥𝗛𝗔𝗡: #Diplomacy Ethiopia's current economic and political junctions demand careful policy considerations and action, particularly in its international relations and dealings with institutions like the IMF and World Bank. The preservation of national interests should form the bedrock of any diplomatic interactions. As Ambassador Massinga's message echoes across digital platforms, it remains a potent reminder for Ethiopia to confront its internal conflicts head-on and prioritise policies that serve its citizens, advancing towards optimal economic potential.

Read more https://ow.ly/fH3Z50TOih2

590

Addis Fortune

18 Oct, 14:40

𝗔𝗗𝗘𝗞𝗘𝗬𝗘 𝗔𝗗𝗘𝗕𝗔𝗝𝗢: #AfricaWorldOrder Equally compelling is China's steady economic ascent, having soared as the world's top trading partner. Its influence is tangible, with bilateral trade with Africa hitting a record 282 billion dollars in 2023. The Beijing-based Asian Infrastructure Investment Bank stands strong with 110 members, marking China's global importance. China's rise doesn't undermine the US's position, which still accounts for 26pc of global output with its 28.7 trillion dollars GDP.

Read more https://ow.ly/YYTY50TNAp9

774

Addis Fortune

18 Oct, 14:20

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: አሁን ይብረሩ ቆይተው ይክፈሉ!
እርስዎ ብቻ በፈለጉት ጊዜ ይብረሩ፤ ክፍያውን ከባንካችን በወሰዱት ዕቅድ መሠረት ቀስ ብለው ይከፈሉ፡፡
#DashenBank #Dashen #Bank #Ethiopia #ኢትዮጵያ #flynowpaylater #ethiopianairlines #airlines

656

Addis Fortune

18 Oct, 14:01

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት?

በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ!

ሕብረት ባንክ
በሕብረት እንደግ!

#HibirMastercard #TravelCompanion
#TravelSmart #SecurePayments

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