National Bank of Ethiopia Announces Exchange Rate of 135 Birr per USD Following Special ForEx Auction
Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has announced that the average exchange rate for…
Category: Market
Ethiopia Nears Final Negotiations for WTO Membership
Addis Ababa, Ethiopia – Ethiopia is set to engage in a critical round of negotiations by the end…
National Bank of Ethiopia to Conduct $60 Million Foreign Exchange Auction
Addis Ababa, Ethiopia – February 24, 2025 – The National Bank of Ethiopia (NBE) has announced that it…
ADMAS Chatbot: Ethiopia’s Game-Changer for Startups and SMEs
NUNA Ethiopia has launched ADMAS Chatbot, an AI-powered business development tool aimed at supporting startups, SMEs, and entrepreneurs…
Forex Bureaus Pressed to Grow Amid NBE’s Branch Expansion Freeze, Fueling Currency Access Concerns
The establishment of forex bureaus in Ethiopia marks a pivotal moment in the nation’s transition to a market-based…
From Stadiums to Substations: Engineer Getu Geremew’s Leadership Journey
Engineer Getu Geremew Soressa has been appointed as the CEO of Ethiopian Electric Service, bringing with him extensive…
Exness Expands Operations in Ethiopia with Amharic Language Support
Exness, a leading global forex and CFD trading platform, has announced the introduction of Amharic language support, making…
Unprecedented Methane Emissions from Mount Fentale Raise Questions About Ethiopia’s Natural Gas Potential
The recent detection of large-scale methane emissions from Mount Fentale, an active stratovolcano in Ethiopia’s Great Rift Valley,…
Efforts Underway to Revive Tana Beles Sugar Factory
The Tana Beles Sugar Factory, located between Ethiopia’s Amhara and Benishangul-Gumuz regions, is undergoing a major restructuring following…
Zewditu Memorial Hospital Opens Ethiopia’s First Pediatric Neurosurgery Center
Addis Ababa, February 21, 2025 – Ethiopia has taken a significant step in specialized pediatric care with the…
