Author

Bethlehem Gashaw

Editor-in-Chief

Bethlehem Gashaw writes for Aksion.ET, covering Ethiopia's banking sector, the Ethiopian Securities Exchange (ESX), capital markets, and the wider economy.

Latest by Bethlehem Gashaw

Business

Ethio Telecom, CBE, and Ethiopian Airlines Drive 25% of Ethiopia’s Large Taxpayer Revenue

Ethio Telecom , the Commercial Bank of Ethiopia , and Ethiopian Airlines Group dominated Ethiopia's fiscal landscape in the 2025/26 year, collectively contributing 133.58 billion b...

Bethlehem GashawAug 5, 2026

Business

Awash Bank Named Ethiopia's Largest Domestic Private Taxpayer

Awash Bank S.C. has emerged as the leading domestic private taxpayer in Ethiopia, contributing 15.77 billion birr to the government during the 2025/26 fiscal year. This performance...

Bethlehem GashawAug 4, 2026

Business

Startup Credit Guarantee Fund Reports Zero Defaults on ETB 85.7 Million in Loans

A joint UNDP and Development Bank of Ethiopia initiative has enabled 37 startups to secure financing with no defaults, prompting an extension of the program through the end of 2026.

Bethlehem GashawAug 4, 2026

Business

Data Mining Firms Lead EEP to Record $476 Million Forex Revenue

Ethiopian Electric Power (EEP) reported a record $475.7 million in foreign exchange earnings for the 2025/26 fiscal year, largely driven by electricity sales to data mining companies.

Bethlehem GashawAug 3, 2026

Business

Tsedey Bank Reports ETB 4.3 Billion Profit Following Strategic Reforms

Tsedey Bank has significantly improved its financial standing, reporting a pre-tax profit of ETB 4.3 billion and a sharp reduction in its non-performing loan ratio to 6.4% for the 2025/26 fiscal year.

Bethlehem GashawAug 3, 2026

Business

Ethiopian Shipping and Logistics Posts ETB 28.2 Billion Profit for FY2025/26

State-owned Ethiopian Shipping and Logistics exceeded its annual revenue target, recording ETB 157.2 billion in revenue and a pre-tax profit of ETB 28.2 billion for the 2025/26 fiscal year.

Bethlehem GashawJul 31, 2026

Business

Development Bank of Ethiopia Secures €31 Million for MSME Lending in Conflict-Affected Regions

The Development Bank of Ethiopia is launching a €31 million concessional loan facility, funded by the EU and KfW, to support small businesses in Afar, Amhara, and Tigray.

Bethlehem GashawJul 29, 2026

Business

Ethiopian Airlines Reports $9.1 Billion Revenue Amid Fleet Expansion and Global Network Growth

Ethiopian Airlines Group achieved $9.1 billion in revenue during the 2025/26 fiscal year, driven by a 10% increase in passenger traffic and 16% growth in cargo volumes despite rising fuel costs and regional geopolitical challenges.

Bethlehem GashawJul 29, 2026

Business

Ethiopian Capital Market Authority Approves Nib Insurance Share Registration

The Ethiopian Capital Market Authority has officially registered over 2.8 million shares of Nib Insurance S.C., including both existing holdings and a new offering for current shareholders.

Bethlehem GashawJul 29, 2026

Business

Nib International Bank Returns to Profitability with 4.2 Billion Birr Earnings

Nib International Bank has reported a pre-tax profit of 4.2 billion Birr for the 2025/26 fiscal year, marking a recovery from the previous year's losses linked to foreign exchange reforms.

Bethlehem GashawJul 29, 2026

Finance & Capital Markets

Abyssinia Bank Officially Lists on Ethiopian Securities Exchange

Bank of Abyssinia has officially joined the Ethiopian Securities Exchange, marking a new addition to the country's growing capital market.

Bethlehem GashawJul 28, 2026

Finance & Capital Markets

Zemen Bank Reports 10.2 Billion Birr Pre-Audit Profit for FY2025/26

Zemen Bank has announced a pre-audit gross profit of 10.2 billion Birr for the 2025/26 fiscal year, supported by a 32 percent growth in customer deposits.

Bethlehem GashawJul 27, 2026

Finance & Capital Markets

Ethiopian Capital Market Authority Registers Additional Shares for Wegagen Bank

The Ethiopian Capital Market Authority has officially registered 3,876,031 additional existing shares for Wegagen Bank S.C., supplementing the bank's previously listed securities.

Bethlehem GashawJul 27, 2026

Finance & Capital Markets

Ethiopian Capital Market Authority Reviews 2018 Fiscal Year Performance

The Ethiopian Capital Market Authority (ECMA) has concluded its performance review for the 2018 Ethiopian fiscal year, setting strategic priorities for the 2019 cycle.

Bethlehem GashawJul 27, 2026

Business

Dashen Bank and Bank of Abyssinia Very Close to be Listed on ESX

Dashen Bank and the Bank of Abyssinia are set to be listed on the Ethiopian Securities Exchange (ESX) in the coming weeks, marking a significant expansion of the nation’s capital m...

Bethlehem GashawJul 26, 2026

Business

Ethio Telecom in Talks with Netflix to Resolve Commercial Barriers to Service Rollout

Ethio Telecom is currently engaged in discussions with Netflix to resolve commercial and operational barriers that have stalled the full launch of the streaming platform in Ethiopi...

Bethlehem GashawJul 26, 2026

Business

Ethio Telecom Revenue Hits 215 Billion Birr as Stock Price is Showing Positive Movement

Ethio Telecom has reported a significant shift in its revenue composition for the 2025/26 fiscal year, with data and internet services overtaking mobile voice as the primary driver...

Bethlehem GashawJul 23, 2026

Finance & Capital Markets

Ethiopian Capital Market Authority Registers Sidama Bank Shares

The Ethiopian Capital Market Authority has officially registered over 1.4 million existing shares held by shareholders of Sidama Bank S.C. in accordance with regulatory directives.

Bethlehem GashawJul 21, 2026

Finance & Capital Markets

Shabelle Bank Reports Tenfold Profit Increase to 231 Million Birr

Shabelle Bank saw its pre-tax profit surge to 231 million Birr for the 2025/26 fiscal year, driven by a 122 percent growth in customer deposits.

Bethlehem GashawJul 20, 2026

Business

Write Guest Article for Aksion.ET: Elevate Your Profile on Ethiopia’s Economic Frontier

Write for Aksion.ET: Elevate Your Profile on Ethiopia’s Economic Frontier Are you an industry expert, a seasoned analyst, or a thought leader with a pulse on the Ethiopian market?...

Bethlehem GashawJul 19, 2026

Economy

East African Community Sets 2031 Horizon for Unified Currency Despite Challenges

The East African Community has rescheduled the launch of its regional single currency to 2031, citing previous economic challenges and the need for member states to meet specific macroeconomic criteria. The bloc comprising Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan, the Democratic Republic of the Congo, and Somalia is now prioritizing a phased rollout.

Bethlehem GashawJul 18, 2026

Finance & Capital Markets

Berhan Bank Reports 77% Profit Surge to 5.06 Billion Birr

Berhan Bank has announced a substantial improvement in its financial performance for the 2025/26 fiscal year. The lender reported a pre-tax profit of 5.06 billion Birr, marking a 7...

Bethlehem GashawJul 17, 2026

Business

Chinese Processor Huichuan Yongyu Signs MoU to Develop Coffee Industrial Park in Ethiopia

Chinese firm Huichuan Yongyu has signed a memorandum of understanding with the Ethiopian Investment Commission to establish an integrated coffee industrial park, aiming to boost local value addition.

Bethlehem GashawJul 16, 2026

Economy

National Bank of Ethiopia Lifts Credit Cap, Adjusts Policy Rate and FX Rules

The National Bank of Ethiopia has removed its temporary credit cap and raised its policy rate by 1 percentage point to maintain a tight monetary stance amidst inflationary pressures.

Bethlehem GashawJul 13, 2026

From Proclamation to Platform: The Full Evolution of Ethiopia’s Capital Market (2021–2026)

Latest by Bethlehem Gashaw

Ethio Telecom, CBE, and Ethiopian Airlines Drive 25% of Ethiopia’s Large Taxpayer Revenue

Awash Bank Named Ethiopia's Largest Domestic Private Taxpayer

Startup Credit Guarantee Fund Reports Zero Defaults on ETB 85.7 Million in Loans

Data Mining Firms Lead EEP to Record $476 Million Forex Revenue

Tsedey Bank Reports ETB 4.3 Billion Profit Following Strategic Reforms

Ethiopian Shipping and Logistics Posts ETB 28.2 Billion Profit for FY2025/26

Development Bank of Ethiopia Secures €31 Million for MSME Lending in Conflict-Affected Regions

Ethiopian Airlines Reports $9.1 Billion Revenue Amid Fleet Expansion and Global Network Growth

Ethiopian Capital Market Authority Approves Nib Insurance Share Registration

Nib International Bank Returns to Profitability with 4.2 Billion Birr Earnings

Abyssinia Bank Officially Lists on Ethiopian Securities Exchange

Zemen Bank Reports 10.2 Billion Birr Pre-Audit Profit for FY2025/26

Ethiopian Capital Market Authority Registers Additional Shares for Wegagen Bank

Ethiopian Capital Market Authority Reviews 2018 Fiscal Year Performance

Dashen Bank and Bank of Abyssinia Very Close to be Listed on ESX

Ethio Telecom in Talks with Netflix to Resolve Commercial Barriers to Service Rollout

Ethio Telecom Revenue Hits 215 Billion Birr as Stock Price is Showing Positive Movement

Ethiopian Capital Market Authority Registers Sidama Bank Shares

Shabelle Bank Reports Tenfold Profit Increase to 231 Million Birr

Write Guest Article for Aksion.ET: Elevate Your Profile on Ethiopia’s Economic Frontier

East African Community Sets 2031 Horizon for Unified Currency Despite Challenges

Berhan Bank Reports 77% Profit Surge to 5.06 Billion Birr

Chinese Processor Huichuan Yongyu Signs MoU to Develop Coffee Industrial Park in Ethiopia

National Bank of Ethiopia Lifts Credit Cap, Adjusts Policy Rate and FX Rules

Latest by Bethlehem Gashaw

Ethio Telecom, CBE, and Ethiopian Airlines Drive 25% of Ethiopia’s Large Taxpayer Revenue

Awash Bank Named Ethiopia's Largest Domestic Private Taxpayer

Startup Credit Guarantee Fund Reports Zero Defaults on ETB 85.7 Million in Loans

Data Mining Firms Lead EEP to Record $476 Million Forex Revenue

Tsedey Bank Reports ETB 4.3 Billion Profit Following Strategic Reforms

Ethiopian Shipping and Logistics Posts ETB 28.2 Billion Profit for FY2025/26

Development Bank of Ethiopia Secures €31 Million for MSME Lending in Conflict-Affected Regions

Ethiopian Airlines Reports $9.1 Billion Revenue Amid Fleet Expansion and Global Network Growth

Ethiopian Capital Market Authority Approves Nib Insurance Share Registration

Nib International Bank Returns to Profitability with 4.2 Billion Birr Earnings

Abyssinia Bank Officially Lists on Ethiopian Securities Exchange

Zemen Bank Reports 10.2 Billion Birr Pre-Audit Profit for FY2025/26

Ethiopian Capital Market Authority Registers Additional Shares for Wegagen Bank

Ethiopian Capital Market Authority Reviews 2018 Fiscal Year Performance

Dashen Bank and Bank of Abyssinia Very Close to be Listed on ESX

Ethio Telecom in Talks with Netflix to Resolve Commercial Barriers to Service Rollout

Ethio Telecom Revenue Hits 215 Billion Birr as Stock Price is Showing Positive Movement

Ethiopian Capital Market Authority Registers Sidama Bank Shares

Shabelle Bank Reports Tenfold Profit Increase to 231 Million Birr

Write Guest Article for Aksion.ET: Elevate Your Profile on Ethiopia’s Economic Frontier

East African Community Sets 2031 Horizon for Unified Currency Despite Challenges

Berhan Bank Reports 77% Profit Surge to 5.06 Billion Birr

Chinese Processor Huichuan Yongyu Signs MoU to Develop Coffee Industrial Park in Ethiopia

National Bank of Ethiopia Lifts Credit Cap, Adjusts Policy Rate and FX Rules