Monthly Archives: April, 2025

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Ethiopian Airlines Commits 30 Billion Birr to Launch Phase of New Mega-Airport Near Bishoftu

Ethiopian Airlines has allocated a substantial 30 billion birr to begin preparatory works on its ambitious new airport and aviation hub near Bishoftu, located...

Foreign Exchange Auction Sets Average Rate at 131.49 Birr per Dollar, Says National Bank of Ethiopia

The National Bank of Ethiopia (NBE) has officially released the outcomes of its most recent foreign exchange auction, which took place today, offering a...

Dr. Tedros Adhanom Ghebreyesus Named to TIME’s 2025 List of 100 Most Influential People

The Director-General of the World Health Organization (WHO), Dr. Tedros Adhanom Ghebreyesus, has been named to TIME magazine’s 2025 list of the 100 most...

Ethiopian Orthodox Tewahedo Church Registers Sacred Relics as Intellectual Property to Prevent Misuse

The Ethiopian Orthodox Tewahedo Church has formally registered a range of sacred items—including drums, cymbals, crosses, rosaries, and more than ten ancient liturgical books—as...

National Bank of Ethiopia to Hold $70 Million Forex Auction Tomorrow

The National Bank of Ethiopia (NBE) has announced that it will hold a foreign exchange auction worth $70 million tomorrow as part of its...

Ethiopia Earns Over $2.1 Billion in Foreign Exchange from Gold Market

Addis Ababa – April 16, 2025 The Ministry of Mines announced today that Ethiopia has earned more than $2.1 billion in foreign exchange over the...