AliExpress, a major online retail service owned by Alibaba Group, is set to enter the Ethiopian market, according to Abiyot...

A discussion was held regarding the details of the Startup Proclamation, which is currently being developed to create a more...

National Bank of Ethiopia Concludes Special FX Auction with a Weighted Average Rate of Birr 107.9 per USD The National...

The National Bank of Ethiopia (NBE) has announced a special foreign exchange auction set for August 7, 2024. This move...

The World Bank's Board of Executive Directors has approved a $1.5 billion financing package to support Ethiopia's home-grown economic reforms....

The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under the Extended Credit Facility (ECF)...

In a landmark move, the National Bank of Ethiopia (NBE) has announced sweeping reforms to the country’s foreign exchange (FX)...

Prime Minister Abiy Ahmed has announced key policy measures under the second phase of the Homegrown Economic Reform Program (HGER...

 "This is a scam. A legal one, to be sure. But a scam, nonetheless. A kind of technological hold-up, neither...

The National Bank of Ethiopia (NBE) has issued a new directive, effective immediately, that significantly changes the investment landscape for...