Ethiopian Airlines Commits 30 Billion Birr to Launch Phase of New Mega-Airport Near Bishoftu
Ethiopian Airlines has allocated a substantial 30 billion birr to begin preparatory works on its ambitious new airport and aviation hub near Bishoftu, located...
Foreign Exchange Auction Sets Average Rate at 131.49 Birr per Dollar, Says National Bank of Ethiopia
The National Bank of Ethiopia (NBE) has officially released the outcomes of its most recent foreign exchange auction, which took place today, offering a...
National Bank of Ethiopia to Hold $70 Million Forex Auction Tomorrow
The National Bank of Ethiopia (NBE) has announced that it will hold a foreign exchange auction worth $70 million tomorrow as part of its...
Ethiopia Earns Over $2.1 Billion in Foreign Exchange from Gold Market
Addis Ababa – April 16, 2025
The Ministry of Mines announced today that Ethiopia has earned more than $2.1 billion in foreign exchange over the...
French Embassy Announces First Winners of the “Habesha Creative Lab”
The French Embassy has revealed the 14 inaugural winners of the Habesha Creative Lab, a program launched under the Ethio-French Touch initiative to support...
U.S. State Department Plans to Close Embassy in Eritrea Amid Global Diplomatic Restructuring
An internal State Department memo obtained by The New York Times reveals that the United States is preparing to close its embassy in Eritrea...
