Market

Ethiopian Airlines Faces Setbacks Due to Boeing Strike but Remains Optimistic About Growth

Addis Ababa, Ethiopia — Ethiopian Airlines CEO Mesfin Tasew has expressed concerns over the...

Ejigayehu “Gigi” Shibabaw Joins Global Musical Legends in Epic Gladiator 2 Score

Renowned Ethiopian singer Ejigayehu Shibabaw, professionally known as Gigi, is among the diverse group of vocalists featured on...

From Directions to Connections: How Konta’s TikTok Fame Is Redefining Ethiopian Marketing

Viral by Chance, Famous by Choice: The Rise of Ethiopia's Unintentional TikTok SuperstarsWhy focus only on the negatives...

Ethio Telecom and MwareTV Launch IGADO+: A New Affordable, Localized Streaming Service in Ethiopia

MwareTV, a Dutch provider of cloud-based TV platforms, has introduced IGADO+, a new video streaming service specifically developed...

Fendika Cultural Center Holds Final Concert Before Demolition

Addis Ababa, October 21, 2024 – A final farewell was held Monday night at the Fendika Cultural Center,...
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Ethiopian Securities Exchange Partners with Infotech Private Limited to Launch Advanced Trading Technology

Addis Ababa, Ethiopia – In a groundbreaking move, the Ethiopian Securities Exchange (ESX) has signed two pivotal technology agreements with Infotech Private Limited, a...

Dr. Brook Taye Steps Down; Hana Tehelku Appointed New Director General of Ethiopian Capital Market Authority

Ethiopian Capital Market Authority Announces Leadership ChangeIn a significant shift at the Ethiopian Capital Market Authority (ECMA), Dr. Brook Taye is stepping down after...

National Bank of Ethiopia Announces Results of Special FX Auction: Highest Bid at Birr 107.9 per USD

Addis Ababa, August 7, 2024 - The National Bank of Ethiopia (NBE) has successfully concluded its Special Foreign Exchange (FX) Auction, revealing a weighted...

Ethiopian Oil Supply Company to Receive $670 Million from National Bank of Ethiopia

It has been announced that the Ethiopian Oil Supply Company, which buys and supplies the fuel the country needs from abroad, will receive 670...

Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform

In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate....

Ethiopia Immigration Service Passport Fees Increased by 733%: New Rate Effective Tomorrow

The Ethiopian Immigration and Citizenship Service has announced a revised fee structure for various services, including passport issuance, expedited services, and more. These changes...
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