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Ethiopia Appoints Teshome Shunde as New Ambassador to Its Consulate in Somaliland
Ethiopia has appointed Teshome Shunde as the new ambassador to its consulate in Somaliland, a region it considers an autonomous territory. The Ethiopian Ministry...
Ethiopian Airlines Given Three-Week Deadline by Somaliland to Restore Its Name on Flight Destinations
Somaliland Gives Two Airlines a Deadline to List Its Name on Their Flights
Authorities in Somaliland have given Ethiopian Airlines and Flydubai a three-week grace...
National Bank of Ethiopia and Mastercard Foundation Launch Comprehensive Financial Education Module for Youth and MSMEs
Addis Ababa, May 2024 — The National Bank of Ethiopia (NBE), in collaboration with the Mastercard Foundation and First Consult under the BRIDGES program,...
Renowned Ethiopian Scholar and Leader, Professor Endrias Eshete, Passes Away
Prominent Academic and Public Figure
Former President of Addis Ababa University, Professor Endrias Eshete, passed away on August 30, 2024, after being under medical care...
30 Days After Ethiopia’s Currency Float: Development Bank Leads with 110% USD Rate Spike
Ethiopia’s recent decision to float its currency on July 28, 2024, has led to a significant devaluation of the Ethiopian Birr (ETB) against major...
Ethiopia Ends 22-Year Tax Exemption on Water, Electricity, and Transport Services
The Ethiopian government has announced a new directive aimed at revising the existing subsidy framework for water and electricity services. For the past 22...