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CBE Raises Dollar Rate by 7 Birr, Adds 10 Birr Remittance Bonus to Counter Black Market
Addis Ababa, Ethiopia – May 28, 2025 — In a swift and strategic shift, the Commercial Bank of Ethiopia (CBE) has increased its official...
National Bank of Ethiopia Raises Daily Transaction Limit to 300,000 Birr
Addis Ababa, May 27, 2025 — The National Bank of Ethiopia (NBE) has introduced a sweeping amendment to its Licensing and Authorization of Payment...
Ethiopian Airlines Earns $5.6 Billion in Revenue in Nine Months, Sets New Records in Passenger Growth and Expansion
Addis Ababa – May 2025
Ethiopian Airlines Group has reported a remarkable $5.6 billion in revenue over the past nine months, reflecting an 8% increase...
IMF Executive Board to Review Ethiopia’s $3.4 Billion Program This Summer Amid Economic Reform Push
Addis Ababa, Ethiopia – The International Monetary Fund (IMF) is expected to hold a crucial Executive Board meeting this summer to review the third...
Ethiopian Cargo Welcomes 12th Boeing 777 Freighter, Strengthening Africa’s Largest Air Cargo Fleet
Addis Ababa, May 23, 2025 — Ethiopian Airlines Group, Africa’s largest airline and aviation group, has officially taken delivery of its twelfth Boeing 777...
Abiy and Macron Forge Stronger Economic Ties as France Renews Commitment to Ethiopia’s Debt Relief and Investment Future
PARIS – In a high-level diplomatic meeting held at the Élysée Palace, Ethiopian Prime Minister Dr. Abiy Ahmed and French President Emmanuel Macron reaffirmed...