Foreign Banks Can Now Enter Ethiopia—But It’ll Cost 5 Billion Birr
Foreign Banks Welcome, But on Strict Terms: Ethiopia’s Central Bank Issues Landmark Directive Reshaping Banking Sector
Addis Ababa, Ethiopia — March 31, 2025
The National Bank...
Addis Ababa’s Real Estate Slowdown: What Developers Don’t Want You to Know
https://youtu.be/3UMH7Oc2CKg
Once a thriving hub for real estate development, Addis Ababa’s housing market is now grappling with a growing crisis. Developers who once raced to...
Ethiopia’s Koysha Hydropower Dam Reaches 65% Completion
Ethiopia’s bold push toward energy self-sufficiency and regional power exportation continues with major progress on the Koysha Hydropower Dam, now 65% complete as of...
Ethiopian Airlines Partners with Archer Aviation to Launch Electric Air Taxi Network in Africa
ADDIS ABABA, March 27, 2025 — Ethiopian Airlines, Africa’s largest carrier and a Star Alliance member, has entered into a groundbreaking agreement with Archer...
Commercial Bank of Ethiopia Launches MasterCard Payment System to Boost Digital Transaction
In a significant step toward enhancing the country's digital financial infrastructure, the Commercial Bank of Ethiopia (CBE) has officially launched a MasterCard payment system...
National Bank of Ethiopia Sees Inter-Bank Transactions Hit Birr 338.8B
On March 25, 2025, the Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) convened for its second meeting of the year....
