Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform
In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate....
Ethiopia Immigration Service Passport Fees Increased by 733%: New Rate Effective Tomorrow
The Ethiopian Immigration and Citizenship Service has announced a revised fee structure for various services, including passport issuance, expedited services, and more. These changes...
Ethiopia Immigration Service Passport Fees Increased by 733%: New Rate Effective Tomorrow
The Ethiopian Immigration and Citizenship Service has announced a revised fee structure for various services, including passport issuance, expedited services, and more. These changes...
NBE Announces Special Foreign Exchange Auction to Manage Market Dynamics
The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for August 7, 2024. This auction allows interested banks to...
Genesis Investment Bank Set to Launch with Comprehensive Financial Services Portfolio
Addis Ababa, Ethiopia – Genesis Investment Bank™, a new financial institution founded by Ermias Amelega, is preparing to enter the market with a broad...
IMF Agrees to $950 Million Exemption for Koysha Hydroelectric Dam and Project Completion
IMF Support for Ethiopia's Macroeconomic Reform Program
The Board of the International Monetary Fund (IMF) has recently endorsed Ethiopia's macroeconomic reform program, detailing the decision...
