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Ethiopia’s Black Market Hits 140 Birr to the Dollar: A Growing Crisis in Foreign Exchange
Ethiopia's black market exchange rate for the US dollar has reached a critical milestone, crossing the 140 birr mark. This widening gap between the...
Ethiotelecom’s 10% Public Share Sale: A Turning Point for Ethiopia’s Telecom Market
Ethiotelecom, Ethiopia's state-owned telecommunications giant, has announced plans to begin selling 10 percent of its shares to the public. This marks a historic moment...
Commercial Bank of Ethiopia Allocates Over USD 282 Million in Foreign Exchange After Major Reform
Commercial Bank of Ethiopia Allocates Over USD 282 Million in Foreign Exchange After Major Reform
Addis Ababa, Ethiopia — July 22, 2016
Following the National Bank...
Immigration and Citizenship Services Extend Passport Validity to 10 Years
October 1, 2017 – The Immigration, Citizenship, and Services Office has announced that the validity period of passports will be extended from five...
Ethiopia to Introduce Mandatory Licensing for Real Estate Valuers, Enhancing Market Trust
Ethiopia is set to introduce a mandatory licensing system for real estate valuers as part of its new Real Estate Development and Immovable Property...
Proposed Bill Enforces 80% Completion Requirement for Real Estate Sales
Real estate developers who sell houses before construction begins must deposit the money they collect in a closed bank account. They are also prohibited...