CBE Disburses 264.65 Billion Birr in Loans, Grows Assets to 2.073 Trillion Birr
The Commercial Bank of Ethiopia (CBE) has disbursed 264.65 billion birr in loans over the past eight months, significantly expanding...
NBE Conducts Foreign Exchange Auction, Birr Trades at 131.71 per USD
The National Bank of Ethiopia (NBE) has announced the results of its latest foreign exchange auction held today. According to...
NBE to Launch Bi-Weekly Foreign Exchange Auctions
The National Bank of Ethiopia (NBE) has announced the commencement of a regular series of foreign exchange (FX) auctions to...
Elon Musk Says, xAI Acquires X for $33 Billion in All-Stock Deal
Elon Musk announced today that his artificial intelligence firm, xAI, has acquired X, the social media platform he rebranded from...
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...
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