Ethiopia Ushers in New Era of Banking Reform with Basel-Aligned Capital Directive
Addis Ababa, May 7, 2025 — Ethiopia’s banking landscape is undergoing a major transformation as the National Bank of Ethiopia (NBE) unveils its most...
Ethiopia to Launch Unified Vehicle License Plates Featuring National Branding
Addis Ababa, Ethiopia – The Ministry of Transport and Logistics has issued a new directive mandating a nationwide overhaul of vehicle license plates, introducing...
Council of Ministers Forwards Draft Proclamation on Foreign Ownership of Property to Parliament
April 23, 2017 – In its 44th regular session held today, the Council of Ministers unanimously agreed to forward a draft proclamation to the...
Federal Government Launches “Mesob” One-Stop Digital Service Center
In a groundbreaking move towards digital transformation, the federal government has officially launched Mesob, a one-stop service platform designed to integrate multiple public services...
Ethiopia: Passport Services to Require National ID (Fayida) Starting June 1
Addis Ababa, April 18, 2017 (FMC) — In a major policy shift aimed at enhancing security and improving service delivery, Ethiopia’s Immigration and Citizenship...
Fitch Upgrades Ethiopia’s Local Currency Rating Amid Macroeconomic Reforms
April 26, 2025
Hong Kong – Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) from 'CCC-' to 'CCC+', citing easing financing...
