Dr. Brook Taye Steps Down; Hana Tehelku Appointed New Director General of Ethiopian Capital Market Authority
Ethiopian Capital Market Authority Announces Leadership ChangeIn a significant shift at the Ethiopian Capital Market Authority (ECMA), Dr. Brook Taye is stepping down after...
NBE Opens Applications for Independent Forex Bureaus in Ethiopia
Addis Ababa, Ethiopia - August 8, 2024 - The National Bank of Ethiopia (NBE) has officially commenced the acceptance of applications for Independent Foreign...
National Bank of Ethiopia Announces Results of Special FX Auction: Highest Bid at Birr 107.9 per USD
Addis Ababa, August 7, 2024 - The National Bank of Ethiopia (NBE) has successfully concluded its Special Foreign Exchange (FX) Auction, revealing a weighted...
Ethiopian Oil Supply Company to Receive $670 Million from National Bank of Ethiopia
It has been announced that the Ethiopian Oil Supply Company, which buys and supplies the fuel the country needs from abroad, will receive 670...
Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform
In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate....
Ethiopia Immigration Service Passport Fees Increased by 733%: New Rate Effective Tomorrow
The Ethiopian Immigration and Citizenship Service has announced a revised fee structure for various services, including passport issuance, expedited services, and more. These changes...
