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
Annual FDI Earning of Ethiopia Reaches 3.9 billion USD
The Ethiopian Investment Commission (EIC) revealed that the country has managed to attract over USD 3.9 billion in Foreign Direct Investment (FDI) during the Ethiopian fiscal year that ended on July 8, 2021.The USD 800 million telecom license fee paid by the international consortium Safaricom to enter the Ethiopian market as the first telecom service provider accounts for the larger portion of the annual FDI drawn.
Business News
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Cooperative Bank of Oromia Grosses 2.39 billion birr profit for 2021 / 2020 f.y
Cooperative Bank of Oromia has reported 2.39 billion birr gross profit for 2021 / 2020 fiscal year. The bank's paid up capital has reached 4.6 billion which makes it one of the top capitalized banks in Ethiopia.
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Blog, News
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Mekane Yesus Tombola Lottery Ceremony postponed to a later date
Mekane Yesus Tombola Lottery (መካነ ኢየሱስ ቶምቦላ ሎተሪ) Ceremony has been postponed to a later date because reports for sold and unsold lottery tickets through out the country could not be compiled and reported due the current situation in Ethiopia.
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Enkutatash Lottery for September 10, 2021 (ጷግሜን 05 ፤ 2013) Winning Numbers
A ceremony for Enkutatash lottery (እንቁጣጣሽ ሎተሪ) which carries a prize money of 20,000,000 (Twenty million) birr for the 1st prize, 10,000,000 birr for second prize and 5,000,000 birr birr for third price was held on September 10, 2021 (Puagmen 05, 2013).
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Regular Draw Lottery for September 02, 2021 (ነሀሴ 27 ፤ 2013) Winning Numbers
A ceremony for Regular Draw lottery (መደበኛ እጣ ሎተሪ) Lottery which carries a prize money of 1,000,000 (one million) birr for the 1st prize, 500,000 birr for second prize and 250,000 birr birr for third price was held on September 02, 2021 (Nehase 27, 2013).
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Products and Services in Ethiopia
| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 49.3813 | 50.3689 |
 Euro(EUR) | 55.9342 | 57.0529 |
 Pound Sterling(GBP) | 64.0987 | 65.3807 |
 UAE Dirham(AED) | 12.1656 | 12.4089 |
 Saudi Riyal(SAR) | 11.9050 | 12.1431 |
Companies and Businesses in Ethiopia
