Welcome to AddisBiz.com
AddisBiz is a website which focuses on providing important and curated business information about the growing Ethiopian business scene for local and international audiences. Our website aims to provide a platform where users from all over the world can conveniently and easily find information about businesses in Ethiopia as well as new laws and developments which might affect businesses in Ethiopia. Our growing business directory has contact details for more than 19,000 companies in Ethiopia. Businesses in Ethiopia can submit their business details and promote their products and services on our website for a very small annual fee. For more details, please visit our contact us page.
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Business News
Latest
Private Banks Continue their profitability for Half of 2022/2021 fiscal year
Private banks in Ethiopia are continuing their profitable trend into the 2022/2021 financial year. According to their half year financial report, most banks were able to double their profitability compared to the 6 months in 2021/2020 financial year.Awash Bank has managed to earn a gross profit of 4.6 billion birr while Abyssinia Bank grossed 3.3 billion birr for the first 6 months of 2022/2021 half year.
Business News
Latest
Annual Financial Performance of Ethiopian Insurance Companies for 2021/2020 G.C (2013 E.C) budget year
Most private insurance companies in Ethiopia have reported their annual financial report for the 2021/2020 G.C (2013 E.C) budget year which ended on June 30, 2021 G.C (ሰኔ 2013). We compiled their annual report and have also estimated data for remaining insurance companies by carefully analyzing previous year growth, current year's performance as well as other key factors. The following table will be adjusted whenever new and verified information is available.
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Blog, News
Latest
How to Block Wi-fi Users using Mac Address on Comnect DS124WS router
For a detailed explanation, take a look at the video presented in Amharic. Steps Go to Setup ->...
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Gena Sitota Lottery for January 06, 2022 (ታህሳስ 28 ፤ 2014) Winning Numbers
A ceremony for Gena Sitota lottery (ገና ስጦታ ሎተሪ) which carries a prize money of 10,000,000 (Ten million) birr for the 1st prize, 5,000,000 birr for second prize and 2,500,000 birr for third price was held on January 06, 2022 (Tahisas 28, 2014).
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Most profitable Ethiopian Private Insurance Companies for 2021/2020 budget year
A number of private insurance companies in Ethiopia have reported their unaudited gross profits for the 2021 / 2020 G.C (2013 E.C) budget year which ended on June 30, 2021 G.C (ሰኔ 2013). We have estimated the profit of the remaining insurance companies by carefully analyzing previous year growth, current year’s performance as well as other key factors. The following table will be adjusted whenever new and verified information is available.
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Products and Services in Ethiopia
| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 51.4571 | 52.4862 |
 Euro(EUR) | 54.3181 | 55.4045 |
 Pound Sterling(GBP) | 60.7094 | 61.9236 |
 UAE Dirham(AED) | 12.6769 | 12.9304 |
 Saudi Riyal(SAR) | 12.4143 | 12.6626 |
Companies and Businesses in Ethiopia
