Why Ethiopia’s Forex Bureaus Are Offering Rates Banks Can’t Match
Since the launch of Ethiopia’s foreign exchange bureaus in October 2024, the country has seen a transformative shift in its currency exchange landscape. The...
A Letter to the Ministry of Finance: Harnessing Bitcoin Mining for Ethiopia’s Economic Future
Dear Ministers and Directors,
We write to you on behalf of Project Mano, an Ethiopian-led Bitcoin-focused nonprofit initiative. We respectfully submit this detailed proposal to...
Ethio-Djibouti Railway to Launch Passenger Services in February
Addis Ababa, Ethiopia – Ethio-Djibouti Railway (EDR) Share Company has announced its highly anticipated launch of passenger transport services, set to begin in February...
Customs Commission Revises Price Verification Guidelines for Imported Goods
The Customs Commission has announced updates to the price verification system for goods imported by manufacturers, revising the Customs Duty and Tax Payment Value...
Mohammed Al Amoudi Among the World’s Top 400 Billionaires in 2025
As of January 23, 2025, Mohammed Al Amoudi is ranked 317th on the Bloomberg Billionaires Index, placing him firmly among the world’s top 400...
Ethiopian Airlines Expands Cargo Fleet with Boeing 777 Freighter
Ethiopian Airlines, the largest airline in Africa and a leading global air freight operator, has announced the addition of a state-of-the-art Boeing 777 Freighter,...
