Finance

Ethiopia’s birr has ranked as the third-weakest currency globally in 2025, trailing only the Argentine peso and the Turkish lira,...

At Friendship Park in Addis Ababa, Ethiopia’s digital finance story entered a new era as EthSwitch officially unveiled EthioPay, a...

The National Bank of Ethiopia (NBE) has officially launched the nationwide harmonization of all bank accounts with the Faida Digital...

Ethiopia has launched the draft National Digital Payment Strategy 2026–30 (NDPS 2.0), signaling a major milestone in the country’s digital...

Ethiopia aims to complete its debt-restructuring process under the Group of 20 Common Framework by mid-2026, Finance Minister Ahmed Shide...

Ethiopian authorities have arrested 24 people connected to sports-betting companies that are accused of hiding more than 100 billion birr...

A new audit by the Office of the Federal Auditor General (OFAG) has exposed serious financial management breaches at the...

M-PESA Ethiopia has reported continued strong growth, reaching 3.4 million active customers over the past six months, up 174.8% year-on-year,...

Ethiopia’s efforts to restructure its sovereign debt have stalled after negotiations with international bondholders broke down, raising the risk of...

Ethiopia’s central bank said on Monday it will hold a $150 million foreign exchange auction on October 14, its first...