There is a particular kind of frustration that has become routine for anyone trying to make a serious financial decision in Ethiopia. The question is often simple. What is inflation really doing to purchasing power? How are banks performing relative to one another? What is the birr actually worth today not in theory, but in
The National Bank of Ethiopia has released its third Financial Stability Report at a pivotal moment for the country’s economic reform agenda, offering a detailed assessment of a financial system that is holding firm, but not without emerging cracks beneath the surface. Covering the fiscal year ending June 2025, the report presents a system that
In modern financial systems, some of the most important changes happen far from public attention. They occur not on trading floors or stock exchanges, but in the quiet, technical infrastructure that keeps money moving between institutions. In Ethiopia, one such system has been expanding rapidly. The country’s interbank money market has now surpassed 2 trillion
Crowds jostle outside the Addis Ababa Convention Center on a cool December evening, smartphones in hand. It’s the third annual TikTok Creative Awards ceremony, and the excitement is visible – this is the night Ethiopia’s online stars step into the real world spotlight. The scene is both electrifying and chaotic. TikTok Takes the Stage in
“Why do some Ethiopians earn 20 times more than others in the same city?” That question feels like an accusation and a confession all at once. Walk down any main street in Addis Ababa and you’ll see it: shiny cafés and new office towers standing beside neighborhoods where a day’s wages pays for a single
On a muted September afternoon in Addis Ababa, the announcement arrived without ceremony but carried the unmistakable weight of a turning point: Dr. Eyob Tekalign would assume the governorship of the National Bank of Ethiopia. There were no dismissals wrapped in drama, no emergency pressers or currency shocks—just a quiet passing of the baton from