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National Bank of Ethiopia Announces Results of Latest Foreign Exchange Auction
The National Bank of Ethiopia (NBE) has officially announced the results of its latest foreign exchange auction, conducted today as part of the...
The Great Escape: Why Black American Families Are Trading the “American Dream” for Ethiopia’s “Soft Life”
The narrative of the "American Dream" has traditionally been one of ascent: if you work hard enough, you will achieve prosperity, security, and happiness....
National Bank of Ethiopia to Hold 12th Foreign Exchange Auction, Offering $50 Million
The National Bank of Ethiopia (NBE) has announced that it will conduct the 12th round of its foreign exchange auction on Tuesday, December 7,...
Ethiopia Revokes Licenses of All Sports Betting Companies
The Ethiopian Lottery Service has officially revoked the licenses of all sports betting companies operating in the country, citing widespread legal violations, financial misconduct,...
NBE Launches Full Integration of National Digital ID With Banking System
The National Bank of Ethiopia (NBE) has officially launched the integration of the country’s new digital identity system, Fayda, with all financial institutions—marking a...
Ethiopia Raises Fuel Prices: Benzene Climbs to 129.12 Birr per Liter
The Ministry of Trade and Regional Cooperation has announced a revision of retail fuel prices across the country, introducing a significant increase for key...