Private commercial banks are charging up to 30 Birr per US dollar to allow foreign exchange
Private commercial banks are charging up to 30 Birr per US dollar to allow foreign exchange for their importing customers, according to Wazema Radio.
According...
NBE unsuspended Cashgo & Mama’s Pay Remittance Apps
Digital remittance applications that have been suspended for almost 3 months by order of the National Bank are about to be launched.
Apps Cashgo and...
Ethiopian Airlines Increases Presence in India, Expands Cargo Fleet
On July 2, Ethiopian Airlines will commence twice-weekly flight operations to Chennai, India — which will join the vast Ethiopian network as the fourth...
Ethiopia to receive $200 million financial assistance from World Bank: official
Ethiopia is set to receive 200 million U.S. dollars in financial assistance from the World Bank, an Ethiopian official said Wednesday.
"The funds will be...
Ethiopian to connect Washington with Lomé, Togo
Ethiopian Airlines has announced it will commence thrice-weekly passenger service to Washington Dulles via Lomé, Togo as of today, June 1, 2022.
The new flight...
Coca-Cola Beverages Inaugurates a 100 million USD bottling plant at Sebeta
Sebeta, Ethiopia, May 31 – A new US$100 million Coca-Cola bottling plant at Sebeta in Ethiopia is set to unlock export opportunities, increase local production...
