Market
Culture
Saudi Arabia Imposes New Visa Restrictions Affecting Ethiopian Travelers
Saudi Arabia has announced major changes to its visa policy, set to take effect...
Books
Poet and Tobiya Jazz Event Organizer Misraq Terefe Arrested Amid Unclear Circumstances
Poet and renowned literary event organizer Misraq Terefe was arrested on January 22, 2017, and taken to the...
Entertainment & Arts
The Weeknd’s Reflection on the Ethiopian Red Terror: A Hidden Narrative in His Song
Abel Tesfaye, known to the world as The Weeknd, has built a career around deeply emotional and introspective...
Entertainment & Arts
Drummer Teferi Assefa, Ethiopian Jazz Pioneer and Negarit Band Leader, Passes Away at 53
The Ethiopian music community is mourning the loss of Teferi Assefa, a renowned drummer and percussionist, who passed...
Entertainment & Arts
Mahmoud Ahmed’s Grand Farewell: Celebrating 60 Years of Ethiopia’s Musical Legend
On January 11, 2025, Addis Ababa’s Millennium Hall witnessed a momentous event as Mahmoud Ahmed, Ethiopia’s legendary singer,...
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 DevaluationThe 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 SystemAddis 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...