NBE Sells USD 70 Million at 155.05 Birr as 8 Banks Win FX Auction
Addis Ababa, January 26, 2018 (FMC) — The National Bank of Ethiopia has released the official results of its latest foreign exchange auction, held...
Africa CDC Opens First Medical Supply Warehouse in Addis Ababa
Addis Ababa — The Africa Centres for Disease Control and Prevention (Africa CDC) has inaugurated its first-ever medical supply warehouse, marking a major step...
Abiy Ahmed Says Ethiopia Has Not Received External Funding for GERD
Prime Minister has stated that Ethiopia has not received “a single birr” in foreign financial assistance for the construction of the (GERD).
The Prime Minister...
Ethiopian Airlines: ASKY Planes Damaged in Niger Attack to Be Repaired
Addis Ababa, January 25, 2018 (FMC) — Two ASKY Airlines aircraft that were slightly damaged during an attack in Niger’s capital, Niamey, will be...
National Bank of Ethiopia to Hold 17th Foreign Exchange Auction, Offer USD 70 Million
The National Bank of Ethiopia (NBE) has announced that it will conduct the 17th round of its foreign exchange auction on Tuesday, February 27,...
Can Ethiopia Win the 2028 AFCON Bid? Inside the Nation’s Ambitious Stadium and Infrastructure Surge
The formal submission of Ethiopia’s bid to host the 2028 Africa Cup of Nations (AFCON) represents a definitive intersection of sporting ambition and a...