Ethiopia’s Debt Crisis: Why Investors and the IMF Are Clashing
Ethiopia is caught in a financial dispute between international investors and the International Monetary Fund (IMF). At the center of this issue is Ethiopia’s...
Ethiopia Set to Introduce New Passport and Visa System by End of the Month
Ethiopia is set to officially introduce a new passport and visa system by the end of the current Ethiopian month, Yekatit 2017 (February 2025),...
MIDROC Investment Group Breaks Ground on 2.6 Billion Birr Luxury Resort in Hawassa
Hawassa is set to welcome a new era of luxury and hospitality as MIDROC Investment Group officially begins construction on its latest landmark project—a...
Ethiopia’s Inflation Declines as Exports and Foreign Exchange Flows Increase
Addis Ababa, Ethiopia – Ethiopia’s economic landscape is undergoing significant changes, with inflation rates reaching a five-year low, exports witnessing record growth, and foreign...
Ethiopia’s Gold Exports Surge 735%, Foreign Currency Inflows Jump 23.3%
The National Bank of Ethiopia (NBE) has announced significant economic changes, with inflation dropping to 15.5% in January 2024, down from 29.4% a year...
Telebirr Hits 51.5 Million Users, Facilitating 1.03 Trillion ETB in Transactions
Telebirr Hits 51.5 Million Users, Facilitating 1.03 Trillion ETB in Transaction
Ethio Telecom’s financial performance in the first half of the 2024 fiscal year has...
