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Ethiopia Sets $150K Minimum for Foreign Property Ownership, Bans Local Bank Loans
A new draft proclamation has been submitted to Ethiopia’s House of People’s Representatives, setting out strict regulations on foreign ownership of real estate and...
NBE Lifts Limit: Importers Can Now Make $50K Advance Payments
The National Bank of Ethiopia Introduces New Measures to Reform the Foreign Exchange Market
The National Bank of Ethiopia (NBE) has announced the implementation of...
Africa at the Crossroads: A New Economic Dawn Fueled by Innovation, Diaspora Capital, and Bold Leadership
Interview with Lulite Ejigu, Chairperson of GRV and CEO & Managing Partner of Tevah Capital
About Lulite Ejigu
Lulite Ejigu brings a wealth of global financial...
M-Pesa Lite Officially Launches in Ethiopia, Expanding Cross-Network Mobile Money Access
Addis Ababa – May 19, 2025 — Ethiopia has reached a major milestone in digital finance with the official launch of M-Pesa Lite, a...
Ethiopian Electric Power Opens $445 Million International Bid for Landmark 62-Story HQ
Addis Ababa, Ethiopia – May 19, 2025 – Ethiopian Electric Power (EEP) has launched an international pre-qualification process for the design and construction of...
Google’s NotebookLM Launches Amharic Support, Enhancing AI Accessibility in Ethiopia
In a significant stride towards inclusivity, Google has expanded its AI-powered note-taking assistant, NotebookLM, to support Amharic, Ethiopia's official language. This development is part...