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
Wegagen Bank earns 1.1 bln birr gross profit for the 2020 / 2019 fy
Wegagen Bank has registered 1.1 billion birr profit for the 2020 / 2019 fiscal year. The bank which saw it's profit decline by almost 300 million birr for the previous year has also managed to decrease it's non performing loans from 4.5% to 2.8%.
Business News
Latest
Awash Bank registeres 4.19 bln birr gross profit for 2020 / 2019 fiscal year
Awash bank, the biggest private bank in terms of profit has managed to earn 4.19 billion birr gross profit for 2020 / 2019 fiscal year, keeping it's number one spot for the last 3 years. The bank managed to disperse loans worth 56.8 billion birr.
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Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year
The current budget year (July 08, 2019 - July 07, 2020 / ሐምሌ 1፡2011 - ሰኔ 30፡2012), has recently been closed. Most banks in Ethiopia have a very close estimate of their profit before tax and other deductions. The following is an estimation of Ethiopian banks' profit before tax and other deductions for the 2020 / 2019 fiscal year.
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Violence and Rioting in Oromia Regional State Turns Many Investments into Ash
Abebech Getachew was watching news after putting her three teenage kids to sleep when she heard a faint outcry from outside. She looked out her window to see what was going on. But since she could not make out anything, she went...
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Parts of Ethiopia to Experience Annual Solar Eclipse in June 2020
Annual solar eclipse that occurs in western and north eastern parts of Ethiopia will enable people see the characteristic ring fire around the Sun for three hours on June 21, 2020, according to Ethiopian Space Science and Technology. The event will take place for three hours and the Sun will be fully dark for 38 minutes around 9:40 in the morning, especially in Wollega, parts of Gojam, Gonder and Lalibla towns.
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