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 commercial banks are facing a severe liquidity...
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 Hosea Kutako International Airport in Namibia....
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 investment surpassing 28 billion ETB. This...
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 Abiy Ahmed announcing that the country...
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 new directive aimed at strengthening the...
Commercial Bank of Ethiopia Revises Loan Interest Rates
Addis Ababa, Ethiopia – March 4, 2025 – The Commercial Bank of Ethiopia (CBE) has announced adjustments to its loan interest rates, effective March...
