National Bank of Ethiopia Launches New 50% Foreign Currency Retention Policy Starting Tomorrow
The National Bank of Ethiopia (NBE) has announced that starting tomorrow, exporters will have the option to sell 50 percent of the foreign currency...
Minister Hanna Arayaselassie’s Proposed Asset Seizure Bill: A New Approach to Addressing Unexplained Wealth in Ethiopia
The debate over Ethiopia's proposed asset recovery bill has centered around its high-stakes approach to combating illicit wealth, with a particular focus on assets...
Addis Ababa Introduces 50,000 Birr Fine for Dress Code Violations in Hotels and Restaurants
Addis Ababa Introduces 50,000 Birr Fine for Dress Code Violations in Hotels and RestaurantsIn Addis Ababa, a new draft regulation has been approved, introducing...
Ethiopia Extends Landmark $738 Million Loan to South Sudan for Cross-Border Infrastructure Project
In a historic first, Ethiopia has extended a loan exceeding $738 million to South Sudan, the world’s youngest nation, to fund the construction of...
Red Sea, GERD, and Beyond: Ethiopia’s Future Under Trump or Harris
As the 2024 U.S. presidential race intensifies, Ethiopia finds itself at a pivotal juncture, grappling with internal reforms and escalating regional tensions. The recent...
Somalia to Relocate Ethiopian Embassy from Presidential Compound
Somalia's Minister of Foreign Affairs, Ahmed Moalim Fiqi, has announced plans to relocate the Ethiopian Embassy, currently situated within the presidential compound, to a...
