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Ethiopia’s Strongest Recent M6.0 Quake Hits Near Fentale & Awash
A strong and shallow earthquake, registered by the USGS as a magnitude 6.0 (M6.0), struck near Fentale volcano, Ethiopia, at 20:28 UTC (23:28 local...
MIDROC Investment Group Breaks Ground on 2.6 Billion Birr Luxury Resort in Hawassa
Hawassa is set to welcome a new era of luxury and hospitality as MIDROC Investment Group officially begins construction on its latest landmark project—a...
Ethiopia’s Inflation Declines as Exports and Foreign Exchange Flows Increase
Addis Ababa, Ethiopia – Ethiopia’s economic landscape is undergoing significant changes, with inflation rates reaching a five-year low, exports witnessing record growth, and foreign...
Ethiopia’s Gold Exports Surge 735%, Foreign Currency Inflows Jump 23.3%
The National Bank of Ethiopia (NBE) has announced significant economic changes, with inflation dropping to 15.5% in January 2024, down from 29.4% a year...
Neb Bank Launches New Digital Payment Systems
Neb International Bank has officially launched its latest digital service applications, Neb Amber Pay and Neb Paystream, designed to streamline financial transactions and enhance...
National Digital Identity Program Launches Mobile App for Faida Digital ID Services
The National Digital Identity Program Office has officially launched a mobile application that integrates Faida digital identity services. Developed entirely in-house by the program...