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Ethiopia, RUSAL Advance Plan for $1 Billion Aluminium Smelter as MoU Signed
Addis Ababa — Ethiopian Investment Holdings (EIH) has signed a Memorandum of Understanding (MoU) with RUSAL, one of the world’s largest producers of low-carbon...
Six Dead in Suspected Hemorrhagic Fever Outbreak in Ethiopia
Addis Ababa — A suspected outbreak of viral hemorrhagic fever in Jinka town, South Omo Zone, has claimed the lives of six people, among...
IMF Flags Currency Risks as Kenya and Ethiopia Pivot to Yuan Debt Swaps
The International Monetary Fund has cautioned Kenya and Ethiopia over the rising financial risks tied to their recent decisions to convert portions of their...
NBE Publishes Official List of Licensed Money Transfer Operators
The National Bank of Ethiopia (NBE) has released the official list of financial institutions authorized to provide money remittance and transfer services in the...
Commercial Bank of Ethiopia Unveils ‘CBE Beje,’ a Digital Salary-Backed Savings and Loan Platform
The Commercial Bank of Ethiopia (CBE), the country’s largest financial institution, has launched a new digital savings and loan service branded “CBE Beje”, marking...
Addis Ababa Relaunches Edna Mall–British Embassy Road Project With 1.2 Billion Br Budget
Addis Ababa — The Addis Ababa City Roads Authority (AACRA) has officially relaunched the long-delayed road construction project stretching from Edna Mall to the...