UAE and Ethiopia Sign Currency Swap Agreement
The Central Bank of the UAE (CBUAE) and the National Bank of Ethiopia (NBE) have signed a significant currency swap...
Ethiopian Capital Market Authority Issues Directive for Licensing Securities Exchange
The Ethiopian Capital Market Authority (ECMA) has announced the issuance of a groundbreaking directive that will enable the licensing of...
A Short History of the 2008 Financial Crisis
Volatile! V-O-L-A-T-I-L-E, we might as well change the word to “The Stock Market”. The stock market is one of the...
Ethio Telecom Reports Record Growth
Ethio Telecom has reported its fastest growth in years, driven by a strong digital progress and a significant increase in...
Inflation Rate Drop to 19.9% in June 2024
The National Bank of Ethiopia (NBE) has announced that the country's inflation rate fell to 19.9% in June 2024, a...
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