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Ethio Telecom Hikes International Call Rates by 658% Amid Rising Costs
Ethiopia’s state-owned telecom provider, Ethio Telecom, has announced a significant tariff increase across its services, citing rising operational expenses due to the country’s new...
Ethiopian Communications Authority Introduces New License Fees for Internet and Telecom Service Providers
The Ethiopian Communications Authority has issued a new directive, setting out license fees for companies applying to become internet service providers (ISPs), with costs...
National Bank of Ethiopia Allocates $175 Million to Support Foreign Exchange Market
Addis Ababa, October 3, 2024 – The National Bank of Ethiopia (NBE) has announced a major allocation of $175 million to the foreign exchange...
Ethiopian Airlines Group and ETTE Sign MoU to Develop Ethiopia’s First Duty-Free Mall
Addis Ababa, October 3, 2024 – Ethiopian Airlines Group and Ethiopian Tourist Trading Enterprise (ETTE) have entered into an agreement to establish Ethiopia’s first...
Ethiopian Airlines to Launch Five New International Destinations, Including Australia, This Fiscal Year
Ethiopian Airlines, Africa's largest aviation group, is set to expand its international reach by adding five new flight destinations in the current fiscal year,...
National Bank of Ethiopia Grants Licenses to Five Non-Bank Foreign Exchange Offices
Addis Ababa, September 30, 2024 — The National Bank of Ethiopia (NBE) has officially granted operating licenses to five independent, non-bank foreign exchange bureaus....