CBE Introduces Digital Foreign Currency Remittance Service: EthioDirect
The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect. This move by the CBE is aimed...
Ethiopian Airlines Ups Accra Schedule As Part Of Wide African Expansion
Ethiopian Airlines is in expansion mode. Not just in terms of long-haul routes to Copenhagen, returning after two decades, or Addis Ababa to Atlanta. Crucially, it has...
2.5 Billion Birr Hotel: Haile Hotels and Resorts Inaugurates New Addis Ababa Hotel
The Haile Grand Addis Ababa Hotel, built by the Haile Hotels and Resorts Group, was officially inaugurated in October. The hotel, which is located...
Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars
Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars Today January 26, 2023, the Ministry of Finance...
NORFUND INVESTS 21 Million USD TO INCREASE PRODUCTION OF EDIBLE OILS IN ETHIOPIA
Norfund and a consortium of private investors managed by 54 Capital announce $21 million growth capital investment into Ethiopia’s largest FMCG platform SAMANU. Increased...
Is Mamo Mihretu’s appointment as Governor of the National Bank of Ethiopia a risky move?
Mamo Mihretu's appointment as the Governor of the National Bank of Ethiopia (NBE) has raised concerns among experts and economists in the country. Mihretu,...
