World Bank Approves $1.5 Billion Initiative, Commits $6 Billion for Ethiopia’s Growth
Washington, July 30, 2024 — The World Bank's Board of Executive Directors has approved the Ethiopia First Sustainable and Inclusive Growth Development Policy Operation,...
Ethiopian National Bank Sets Limits on Foreign Currency Purchases: Up to $10,000 for Travelers and Businesses
The National Bank of Ethiopia has introduced new guidelines for acquiring foreign currency within the country, aimed at both Ethiopian nationals and foreign residents....
NBE’s New Forex Rules: 10 Key Points to Know as Birr Drops 30%
Ethiopia's National Bank Issues Comprehensive Foreign Exchange Directive Amid Currency Devaluation
The National Bank of Ethiopia (NBE) has released a new directive aimed at regulating...
Ethiopia Implements Market-Based Exchange Rate System
Ethiopia Implements Market-Based Exchange Rate System
Addis Ababa, July 2024 - The Ethiopian government has announced the implementation of a market-based exchange rate system, marking...
National Bank of Ethiopia Issues New Directive on Bank Investments
The National Bank of Ethiopia (NBE) has introduced a new directive aimed at regulating the investment activities of banks within the country. This move...
