Tax and Tensions: Ethiopia’s Car Market Faces Unprecedented Challenges
After the shift to a market-based foreign exchange system, importers have become one of the hardest-hit groups in Ethiopia's economy. The floating exchange rate...
ZamZam Bank, an Emerging Bank, Weighs In on What Foreign Bank Entry Means for Ethiopia
This year, Ethiopia’s economy will invite optimistic phenomena as the nation takes bold steps to reshape its financial landscape. The shift to a floating...
Ethiopian Airlines Among Five Sanctioned for Passenger Rights Violations by NCAA
The Nigerian Civil Aviation Authority (NCAA) has sanctioned Ethiopian Airlines alongside four other carriers for breaching passenger rights, marking a significant regulatory intervention aimed...
Chinese EV Giant BYD Enters Ethiopian Market with Electric Vehicles
BYD, a leading Chinese electric vehicle (EV) manufacturer, has officially announced its entry into the Ethiopian market. The company unveiled its brand at a...
Amhara Bank Sets Sights on Investment Banking, Poised to Transform Ethiopia’s Financial Landscape
Amhara Bank is taking a bold step forward by venturing into investment banking services, signaling its ambition to play a pivotal role in Ethiopia's...
Ethiopia Excluded from AGOA for Third Consecutive Year
The United States has announced that Ethiopia will remain ineligible for the African Growth and Opportunity Act (AGOA) benefits in 2025, marking the third...
