National Bank of Ethiopia Issues Stern Warning to Illegal Money Transmitters Operating in UAE
Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has issued a strong warning against unauthorized money…
Category: Market
New Bus Line Connects Nairobi and Addis Ababa with Round-Trip Fare of 16,000 Birr
August 6, 2025 | Addis Ababa / Nairobi — A new cross-border ground transportation service has officially launched…
Ethiopia’s Digital Creators Struggle for Inclusion in the Global Monetization Game
Ethiopia is witnessing a digital revolution. From TikTok comedians in Gonder to YouTube educators in Hawassa and Instagram…
Ethiopia Sells $150M in Foreign Exchange Auction as Birr Weakens to 138.26/USD
Addis Ababa, August 5, 2025 — The National Bank of Ethiopia (NBE) has executed its largest foreign exchange…
Ethiopian Airlines Reports $28 Million Loss from Domestic Flights, Confirms Ongoing Fund Freeze in Eritrea
Addis Ababa, August 5, 2025 — Ethiopian Airlines Group has reported a $28 million loss from its domestic…
Starlink Launches in Somalia,But Triggers Political Tensions with Somaliland
Starlink, the satellite internet division of Elon Musk’s SpaceX, has officially launched operations in Somalia, delivering high-speed, low-latency…
Ethiopian Airlines to Begin Construction of $10 Billion Bishoftu Airport in November
Ethiopian Airlines Group has announced it will break ground in November 2025 on one of Africa’s most ambitious…
Ethiopian Airlines Denies Reports of Aircraft Lease Talks with Russia
Addis Ababa – August 5, 2025Ethiopian Airlines Group CEO Mesfin Tasew has firmly denied reports claiming the airline…
Wegagen Bank Secures $85M Trade Finance Boost from TDB and Afreximbank
Wegagen Bank has secured an $85 million international trade finance guarantee facility through partnerships with the Eastern and…
Ethiopia’s Halal Meat Exports Surge to $120 Million, Driven by Gulf Demand
Ethiopia has recorded a sharp increase in earnings from halal meat and livestock by-product exports, generating $120 million…
