Ethiopia Develops Capacity to Export Drones to International Markets – Prime Minister Abiy (Dr.)
Addis Ababa, February 29, 2025 (FMC) – Ethiopia has built the capacity not only to manufacture and use…
Category: Market
NBE’s Forex Auctions: Is Ethiopia’s Market-Based Exchange Failing?
As banks compete for scarce dollars, concerns grow over the transparency and effectiveness of Ethiopia’s forex auctions. Ethiopia’s…
Ethiopian Airlines Celebrates International Women’s Day with All-Female Flight Crew in Namibia
Ethiopian Airlines marked International Women’s Day with a special flight operated entirely by an all-female crew, landing at…
Addis International Convention Center: A 28 Billion ETB Landmark for Ethiopia’s MICE Industry
The Addis International Convention Center (AICC), a state-of-the-art facility in Addis Ababa, Ethiopia, has been completed with an…
Ethiopia’s $30M Arms Export Claim: A Rising Power or an Overstated Achievement?
Addis Ababa, Ethiopia – Ethiopia has officially joined the ranks of Africa’s top arms exporters, with Prime Minister…
NBE’s Draft Directive Could Require Insurance Companies to Hold 40% More Capital
Ethiopia’s financial landscape is set to undergo significant changes as the National Bank of Ethiopia (NBE) proposes a…
Commercial Bank of Ethiopia Revises Loan Interest Rates
Addis Ababa, Ethiopia – March 4, 2025 – The Commercial Bank of Ethiopia (CBE) has announced adjustments to…
New International Convention Center in Addis Ababa Ready for Official Opening Today
Addis Ababa, Ethiopia – The grand opening of the New International Convention Center today marks a major milestone…
Addis Ababa City Administration Introduces New System for VAT Taxpayers to File Monthly Returns
The Addis Ababa City Administration Revenue Bureau has announced the introduction of a new system for over 62,000…
Ethiopia’s Bitcoin Mining Boom: The Cheapest in the World, But at What Cost?
Key Findings How Much Electricity is Needed to Mine 1 Bitcoin After the 2024 Halving? The amount of…
