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National Bank of Ethiopia Issues Stern Warning to Illegal Money Transmitters Operating in UAE
Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has issued a strong warning against unauthorized money transmitters operating from the United Arab...
New Bus Line Connects Nairobi and Addis Ababa with Round-Trip Fare of 16,000 Birr
August 6, 2025 | Addis Ababa / Nairobi — A new cross-border ground transportation service has officially launched between Nairobi, Kenya and Addis Ababa,...
Ethiopia’s Digital Creators Struggle for Inclusion in the Global Monetization Game
Ethiopia is witnessing a digital revolution. From TikTok comedians in Gonder to YouTube educators in Hawassa and Instagram stylists in Addis Ababa, a new...
Ethiopia Sells $150M in Foreign Exchange Auction as Birr Weakens to 138.26/USD
Addis Ababa, August 5, 2025 — The National Bank of Ethiopia (NBE) has executed its largest foreign exchange auction to date, selling $150 million...
Ethiopian Airlines Reports $28 Million Loss from Domestic Flights, Confirms Ongoing Fund Freeze in Eritrea
Addis Ababa, August 5, 2025 — Ethiopian Airlines Group has reported a $28 million loss from its domestic flight operations over the past fiscal...
Starlink Launches in Somalia,But Triggers Political Tensions with Somaliland
Starlink, the satellite internet division of Elon Musk’s SpaceX, has officially launched operations in Somalia, delivering high-speed, low-latency broadband across the Horn of Africa...