Ethiopian Capital Market Authority Launches Probe into Unlicensed Fundraising Involving Ermias Amelga
The Ethiopian Capital Market Authority (ECMA) has initiated a formal investigation into alleged illegal fundraising activities involving well-known entrepreneur Ato Ermias Amelga and a...
National Bank of Ethiopia Sells USD at Average Rate of 132 Birr
Addis Ababa, May 7, 2025 — The National Bank of Ethiopia (NBE) sold U.S. dollars at an average exchange rate of 132.9643 birr during...
Ethiopia’s Hasab AI Launches Groundbreaking Voice Intelligence Platform for African Languages
Addis Ababa, Ethiopia — May 7, 2025
In a bold step toward tech inclusion and linguistic equity, Hasab AI, an Ethiopian startup co-founded by Kidus...
Ethiopia Ushers in New Era of Banking Reform with Basel-Aligned Capital Directive
Addis Ababa, May 7, 2025 — Ethiopia’s banking landscape is undergoing a major transformation as the National Bank of Ethiopia (NBE) unveils its most...
Ethiopia to Launch Unified Vehicle License Plates Featuring National Branding
Addis Ababa, Ethiopia – The Ministry of Transport and Logistics has issued a new directive mandating a nationwide overhaul of vehicle license plates, introducing...
Council of Ministers Forwards Draft Proclamation on Foreign Ownership of Property to Parliament
April 23, 2017 – In its 44th regular session held today, the Council of Ministers unanimously agreed to forward a draft proclamation to the...
