National Bank of Ethiopia Announces Exchange Rate of 135 Birr per USD Following Special ForEx Auction
Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has announced that the average exchange rate for the US dollar reached 135.6185 Birr...
Ethiopia Nears Final Negotiations for WTO Membership
Addis Ababa, Ethiopia – Ethiopia is set to engage in a critical round of negotiations by the end of February or early March as...
National Bank of Ethiopia to Conduct $60 Million Foreign Exchange Auction
Addis Ababa, Ethiopia – February 24, 2025 – The National Bank of Ethiopia (NBE) has announced that it will conduct a Special Foreign Exchange...
ADMAS Chatbot: Ethiopia’s Game-Changer for Startups and SMEs
NUNA Ethiopia has launched ADMAS Chatbot, an AI-powered business development tool aimed at supporting startups, SMEs, and entrepreneurs in Ethiopia. The chatbot is designed...
Forex Bureaus Pressed to Grow Amid NBE’s Branch Expansion Freeze, Fueling Currency Access Concerns
The establishment of forex bureaus in Ethiopia marks a pivotal moment in the nation’s transition to a market-based foreign currency exchange system. As the...
From Stadiums to Substations: Engineer Getu Geremew’s Leadership Journey
Engineer Getu Geremew Soressa has been appointed as the CEO of Ethiopian Electric Service, bringing with him extensive experience in the energy sector and...
