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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...
Meet Yonas Alemu: The Ethiopian Entrepreneur Who Exported Teff Pasta to Italy
Yonas Alemu, a visionary Ethiopian entrepreneur, has made headlines by exporting teff pasta to Italy, a country known for its rich pasta tradition. His...
Ambassador Lencho Bati Denied Accreditation by the U.S. Government
Thursday, August 29, 2024: Reports indicate that Ambassador Lencho Bati, who was recently appointed as Ethiopia's ambassador to the United States, has been denied...