Ethiopian Investment Holdings Ascends to Africa’s Top Sovereign Wealth Fund
Ethiopian Investment Holdings (EIH), the strategic investment arm of the Ethiopian government, has achieved a significant milestone, securing its position...
CBE launches MasterCard payment system
The Commercial Bank of Ethiopia (CBE) has officially launched a MasterCard payment system in collaboration with global payments giant MasterCard....
Audit Reveals Major Financial Mismanagement at Ministry of Innovation and Technology
The House of People's Representatives' Public Expenditure Management and Control Affairs Standing Committee has uncovered serious financial mismanagement within the...
GERD’s daily fish production has surpassed 14,000 KGs
The Grand Ethiopian Renaissance Dam (GERD) has unlocked significant fish production potential, exceeding 14,000 KGs per day, according to Fasil...
National Bank of Ethiopia Maintains Policy Stance
The National Bank of Ethiopia (NBE) has announced its decision to maintain its benchmark National Bank Rate (NBR) at 15...
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