Ethiopia Launches Automated Interbank FX Market in Major Step Toward Price Liberalization
Ethiopia has launched its first Automated Interbank Foreign Exchange Market, marking a significant milestone in the country’s ongoing macroeconomic reforms and efforts to modernize...
Inside Ethiopia’s Modern Air Fleet: What Was Revealed at the 90th Anniversary Show
When the Ethiopian Air Force marked the 90th anniversary of its formation with a rare public air show—branded the Black Lion display—the spectacle was...
Veriq Launches to Help Ethiopian Businesses Combat Digital Payment Fraud
ADDIS ABABA, ETHIOPIA — As digital payments surge across Ethiopia, local businesses are facing a growing threat: fraudulent or reused payment confirmations. To bridge...
Ethiopia to Launch Fuel Transportation by Rail in Logistics Reform Push
Ethiopia will begin transporting fuel products by rail starting Tuesday, marking a major shift in how the country moves strategic imports and signaling a...
Italy to Hold Italy–Africa Summit in Addis Ababa for the First Time
Italy will convene the second Italy–Africa Summit on February 13 in Addis Ababa, in a landmark move that brings the high-level forum to African...
Zemen Bank Assets Hit 106 Billion Birr as Mid-Year Profit Tops 5 Billion
Addis Ababa — Zemen Bank reported a strong first-half performance in the 2018 Ethiopian fiscal year, with total assets rising to 106 billion birr...
