Djibouti Confirms: Tajura Port to be Jointly Managed, Not Handed Over to Ethiopia
Djibouti has stated that it will not hand over Tajura Port to Ethiopia but will instead jointly manage it.
An agreement has been reached to...
Ethiopian Airlines Expands African Network with Daily Service to Port Sudan
Ethiopian Airlines is delighted to announce the launch of a daily flight service to Port Sudan, Sudan, commencing on October 15, 2024. This strategic...
Dr. Yohannes Ayalew Appointed CEO of Amhara Bank
Dr. Yohannes Ayalew has been appointed as the new CEO of Amhara Bank , effective September 13, 2024. This announcement came following his voluntary...
Ethiopia’s Economic Crossroads: Navigating Reforms Amidst Financial Turmoil
By- Fahad Garba Aliyu
Ethiopia has reached a critical juncture, closing its currency at a surprisingly pivotal moment, a decision rooted in decades of economic...
Ethiopia’s Banking Sector Reaches Trillion-Birr Milestone: A Financial Achievement in 2016
Ethiopia’s financial sector has remained robust by all standards over the last fiscal year, according to recent reports. A few months ago, the National...
Ethiopia’s Money Market Auctions in Decline: Fewer Banks, Bigger Bids, and What’s Next
Participation in Ethiopia’s open market operation (OMO), the central money market auction introduced by the National Bank of Ethiopia (NBE) in July, has steadily...
